(IHS Markit) Eurozone Composite Output Index was at 55.8 in November, a two-month high and an increase from 54.2 in October. The Services PMI Activity Index was at a three-month…
(NAR) Sales of existing homes in the US increased by 0.8% in October from September to an annual rate of 6.34 million. The sales were still down 5.8% from 2020.…
(FT) Jerome Powell is expected to serve a second term as the Federal Reserve chair after president Joe Biden’s nomination. Powell’s biggest rival for the Fed top job Lael Brainard…
(Moderna) US Food and Drug Administration has extended the emergency use authorization of Moderna’s booster vaccine shot against Covid-19. The booster dose will be used on all individuals 18 years…
(FT) President Joe Biden’s $1.75 trillion ‘Build Back Better’ bill is set to be passed by the House on Friday, ending months of infighting. The bill was expected to be…
(ONS) The volume of retail sales in the UK in October rose by 0.8% from September, marking the first increase after several months of declines. Non-food stores posted a 4.2%…
(Department of Labor) US jobless claims for the week that ended November 13 was 268,000, down by 1,000 from the previous week. The claims missed an expected 260,000. The jobless…
(Census Bureau) US building permits rose by 4.0% in October from September to mark an annual rate of 1.650 million. The housing permits are now 3.4% higher than October 2020.…
Source: Eurostat Production in the construction sector in the euro area rose by 0.9% in September from August, while in the EU, it increased by 1.2%. DAX is up 0.11%,…
(Eurostat) Inflation in the European Union jumped to 4.4% in the 12 months to October, more than 3.6% recorded in the previous month. The prices rose to 4.1% in the…
(ONS) UK Consumer Price Index jumped by a decade record 4.2% in the 12 months to October, higher than 3.1% posted in the previous month. The inflation increase was higher…
(Census Bureau) US retail and food services sales totaled $638.2 billion in October, up 1.7% from the previous month as price pressures raised consumer spending. The October retail sales beat…