ECB’s Wunsch: Soft landing likely, no immediate need to accelerate rate cuts
In an interview with Reuters, Belgian ECB Governing Council member Pierre Wunsch emphasized the importance […]
Yen depreciates sharply following inconclusive Japanese election
Yen fell significantly after this weekend’s snap election resulted in a fragmented parliament, leaving no […]
ECB’s Knot cautions against overly enthusiastic rate cut expectations
Speaking on Saturday, Dutch ECB Governing Council member Klass Knot acknowledged the market’s heightened expectations […]
US durable goods orders down -0.8% mom in Sep, ex-transport orders up 0.4% mom
US durable goods orders fell -0.8% mom to USD 284.8B in September, better than expectation […]
Canada’s retail sales rises 0.4% mom in Aug, vs exp 0.6% mom
Canada’s retail sales grew 0.4% mom to CAD 66.6B in August, worse than expectation of […]
German Ifo rises to 86.5, stops declining for the time being
Germany’s Ifo Business Climate index improved in October, rising from 85.4 to 86.5 and exceeding […]
Tokyo CPI core dips to 1.8% in Oct on lower energy prices
Japan’s Tokyo CPI core (excluding food) dropped from 2.0% yoy to 1.8% yoy in October, […]
BoJ’s Ueda signals no immediate rate hike
BoJ Governor Kazuo Ueda indicated that the central bank is not in a hurry to […]
BoE’s Mann warns services inflation has long way to go
At an event today, BoE MPC member Catherine Mann highlighted the ongoing challenges with services […]
US PMI composite ticks up to 54.3, indicating 2.5% annualized GDP growth
In October, US PMI data showed modest improvement across sectors. Manufacturing PMI rose slightly from […]
US initial jobless claims falls to 227k vs exp 245k
US initial jobless claims fell -15k to 227k in the week ending October 19, well […]
BoC’s Macklem open to larger cuts following substantial tightening cycle
BoC Governor Tiff Macklem indicated the central bank’s intent to continue cutting its policy rate […]