Euro zone adjusted current account surplus jumps in December
The euro zone’s current account surplus grew in December on rising services income and a higher primary balance, which includes…
Trump’s approval rating slips as Americans worry about the economy
U.S. President Donald Trump’s approval rating has ticked slightly lower in recent days as more Americans worried about the direction…
ECB hawk opens up pause debate but tariffs remain key
Hawkish remarks have come from European Central Bank policymaker Isabel Schnabel, who stated that with rates moving away from being…
US consumers rush to buy as Trump tariffs fuel stockpiling, report finds
One in five Americans have said they are purchasing more items than usual primarily due to concerns over President Donald…
Optimism for more EU joint debt lowers risk premia for France, Italy
The extra premium that heavily indebted governments like France and Italy must pay to borrow hit new lows on Wednesday,…
Indian economy to get boost from budget tax relief, rate cut, central bank report says
The Indian economy is likely to get a boost from rural demand picking up and a government-announced tax relief that…
Japan exports climb in January but US auto tariffs could deal heavy blow
Japan’s exports rose for a fourth consecutive month in January led by auto shipments to the United States, but if…
UK services inflation lower than expected in boost for Bank of England
Let’s start with the bad news: UK headline inflation is back at 3%, up from 2.5%, after briefly dipping below…
Japan’s export jump may be calm before Trumpian storm
Japanese exports rose 7.2% year-on-year in January (vs 2.8% in December, 7.7% market consensus). The US was the standout destination…
Fed policy should stay restrictive until there’s more inflation progress: Daly
San Francisco Federal Reserve Bank President Mary Daly on Tuesday said that while there is no reason to be discouraged…