US stocks recovered as Fed sticks to two rate cut outlook for 2025
US stocks closed higher overnight, and extended their near-term consolidations. Investors were somewhat relieved that […]
Fed holds rates, slows balance sheet reduction, downgrades growth outlook
As widely expected, FOMC kept interest rates steady at 4.25-4.50%. At the same time, Fed […]
Ethereum Gives Way
Market picture The crypto market remains in a downtrend. Its cap rose 0.2% over the […]
Eurozone CPI finalized at 2.3% in Feb, core CPI at 2.6%
Eurozone headline CPI was finalized at 2.3% yoy in February, down from 2.5% yoy in […]
Fed to stand pat, watch for signs of trade war fallout in new projections
Fed is set to keep interest rates unchanged at 4.25-4.50% today. The focus will be […]
BoJ holds rates, flags exchange rate as key inflation factor
BoJ kept its uncollateralized overnight call rate unchanged at around 0.50%, as widely expected. In […]
Japan’s export rises 11.4% yoy in Feb, up for fifth straight month
Japan’s exports surged 11.4% yoy to JPY 9,191B in February, marking the fifth consecutive month […]
Canada’s CPI surges to 2.6%, growing chance for BoC pause at next meeting
Canada’s CPI jumped sharply from 1.9% yoy to 2.6% yoy in February, exceeding market expectations […]
German ZEW economic sentiment surges to 51.6 on fiscal optimism
Germany’s ZEW Economic Sentiment Index surged from 26.0 to 51.6 in March, exceeding expectations of […]
ECB’s Rehn flags growth risks from tariff uncertainty, stays cautious on rate Cuts
Finnish ECB Governing Council member Olli Rehn acknowledged that US. tariffs and increased uncertainty are […]
SECO lowers Swiss growth outlook, underperformance to continue fro two more years
Switzerland’s State Secretariat for Economic Affairs has slightly lowered its growth projections for the economy, […]
New Zealand GDP exits recession with stronger-than-expected 0.7% qoq growth in Q4
New Zealand’s economy expanded by 0.7% qoq in Q4, surpassing expectations of 0.4% qoq and […]