ECB’s Nagel: Should avoid rushing monetary policy normalization
German ECB Governing Council member Joachim Nagel in an interview with Platow Brief, highlighted persistent […]
ECB’s Elderson: Rate setting is a question of speed and magnitude
ECB Executive Board member Frank Elderson emphasized the delicate balance the central bank must strike […]
UK retail sales fall -0.3% mom in Dec, down -0.8% qoq in Q4
UK retail sales volumes declined by -0.3% mom in December, significantly missing expectations for 0.4% […]
China’s Q4 GDP growth surpasses expectations, full-year growth hits 5% target
China’s economy ended 2024 on a strong note, with GDP expanding by 5.4% yoy in […]
BNZ PMI at 45.9: NZ manufacturing completes 2024 fully in contraction
New Zealand’s BNZ Performance of Manufacturing Index rose marginally in December, increasing from 45.2 to […]
Fed’s Waller suggests rate cuts possible in H1 if inflation trend holds
Fed Governor Christopher Waller expressed optimism about the US inflation outlook during an interview with […]
US initial jobless claims falls to 217k vs exp 210k
US initial jobless claims rose 14k to 217k in the week ending January 11, above […]
US retail sales rise 0.4% mom in Dec, ex-auto sales up 0.4% mom
US retail sales rose 0.4% mom to USD 729.2B in December, below expectation of 0.5% […]
ECB Minutes: Gradual easing essential to monitor disinflation check points
ECB’s December 11–12 meeting minutes noted that while the 25 bps rate cut decided at […]
Eurozone goods exports fall -1.6% yoy in Nov, imports down -1.0% yoy
Eurozone goods exports fell -1.6% yoy to EUR 248.3B in November. Good imports fell -1.0% […]
UK GDP grows only 0.1% mom in Nov, with mixed sector performance
UK’s economy posted modest growth in November, with GDP increasing by 0.1% mom, but slightly […]
China maintains LPR as offshore Yuan recovers ahead of key support
China’s central bank maintained its benchmark lending rates unchanged on Monday. The one-year loan prime […]