Eurozone Growth Falters to an 11-Month Low in January
(IHS Markit) Eurozone recorded a Composite Output Index of 52.4 in January, reflecting an eleven-month low as the service activity slowed due to Omicron impacts. Services activity took a hit,…
PBOC’s Liquidity Boost Continues as 14-Day Reverse Repo Is Cut by 10 Basis Points
(CNBC) The People’s Bank of China has reduced the 14-day reverse repo rate by 10 basis points to 2.25% in additional measures to inject liquidity into the banking system. Following…
Consumer Confidence Falls in the EU and Euro Area in January
(European Commission) Consumer confidence in the EU fell by 0.4 points in January from the previous month and was 0.1 points down in the euro area. Following the decline, the…
PBOC Lowers Rate Again, Overnight Lending Facility Reduced by 10 Basis Points
(Bloomberg) China’s central bank has reduced the rate on the shorter-term emergency policy loan or standing lending facility by 10 basis points to 2.9%. The central bank also cut the…
UK Retail Sales Fall by 3.7% in December as Omicron Dampens Activity
(ONS) The UK posted a 3.7% decline in retail sales volume in December 2021, with some retailers citing the impacts of the Omicron variant. The fall in retail sales in…
Jobless Claims Jump by 55,000 as Omicron Impacts Bite
(Department of Labor) Americans filed 286,000 jobless claims in the week that ended January 15, up by 55,000 from the previous week, reflecting rising impacts of the Omicron variant. At…
Euro Area’s Annual Inflation Climbs to 5% in December, 5.3% in the EU
(Eurostat) Euro area’s annual inflation rose from 4.9% in November to a higher 5.0% in December, both above a minus rate of 0.3% in the prior year. In the EU,…
PBOC Cuts Benchmark Lending Rate in Additional Gesture of Policy Easing
(CNBC) The People’s Bank of China has cut its one-year loan prime rate by 10 basis points to 3.7% from 3.8% as concerns of economic slowdown linger. The central bank…
SoFi Soars After Getting the Nod to Operate as a National Bank
(SoFi) Shares of SoFi Technologies Inc. rose more than 18% on Wednesday as the digital finance firm was approved to operate as a Bank Holding Company. The approval happens through…
China’s Property Stocks Jump as Regulators Eye Escrow Release to Boost Liquidity
(Bloomberg) Bloomberg’s index of stocks of China’s real estate rose 4.1% on Wednesday on reports the regulators are considering easing curbs on access to funds tied in escrow for pre-sold…
Construction Production Plunges 0.2% in the Euro Area in Nov., Improves in the EU
(Eurostat) Euro area posted a 0.2% decline in production in construction in November from October, amid a similar percentage increase in the EU. On a monthly basis, building construction fell…
UK Consumer Prices are Now at a Record in 30 Years After a 5.4% Jump in Dec.
(ONS) Inflation in the United Kingdom rose 5.4% in the 12 months that ended December 2021, the highest on record since March 1992. At 5.4%, the annual inflation is higher…
- Go to the previous page
- 1
- …
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- …
- 41
- Go to the next page