RBNZ Orr: We are officially contractionary with monetary policy
RBNZ Governor Adrian Orr told a parliamentary committee, “We can all put our hands on […]
BoC Macklem: We’re getting closer on rates, but not there yet
BoC Governor Tiff Macklem told a parliamentary committee yesterday that the central bank is “still […]
FOMC Minutes: A substantial majority judged slowing rate hikes soon appropriate
The minutes of FOMC November 1-2 meeting noted, the considerations that would influence the pace […]
US durable goods orders rose 1.0% mom in Oct, ex-transport orders up 0.5% mom
US durable goods orders rose 1.0% mom to USD 277.4B in October, above expectation of […]
US initial jobless claims rose to 240k, above expectation
US initial jobless claims rose 17k to 240k in the week ending November 19, above […]
Bundesbank: Inflation rate in double digits beyond turn of the year
In the monthly report, Bundesbank said “all in all, despite the higher than expected economic […]
ECB de Guindos: We will continue to raise interest rates
ECB Vice-President Luis de Guindos said at a finance event, “we will continue to raise […]
UK PMI composite ticked up to 48.3, downturn will deepen into new year
UK PMI Manufacturing was unchanged at 46.2 in November. PMI services was also unchanged at […]
Eurozone PMI composite ticked up to 47.8, consistent with -0.2% GDP contraction in Q4
Eurozone PMI Manufacturing rose from 46.4 to 47.3 in November. PMI Services was unchanged at […]
Germany PMI composite rose to 46.6, contraction maybe shallower than first feared
Germany PMI Manufacturing improved from 45.1 o 46.7 in November. PMI Services dropped from 46.5 […]
France PMI composite dropped to 48.8, vital support from services ended
France PMI Manufacturing improved from 47.2 to 49.1 in November. But PMI Services dropped from […]
Japan PMI manufacturing dropped to 49.4, services down to 50
Japan PMI Manufacturing dropped from 50.7 to 49.4 in November, below expectation of 50.7. That’s […]