China’s April manufacturing PMI moderated to 50.4 but still points to expansion for a second consecutive month
As expected, the April manufacturing PMI of 50.4 showed a slight moderation from March’s strong 50.8 read, but remained in…
Euro zone inflation steady in April, reinforcing ECB rate cut case
Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressures slowed, solidifying an…
The German economy can still grow after all
The economy can still grow. Just as some German children have been asking their parents whether they remember a time…
French economy slightly grows in Q1
The French economy slightly grew in the first quarter, preliminary data from the INSEE statistics agency showed on Tuesday, a…
ECB’s Knot: increasingly confident about disinflation
Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should…
US productivity slows sharply in first quarter
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend…
Germany hit hard as foreign investment falls in Europe, EY survey shows
Foreign direct investment (FDI) into Europe fell 4% last year, with Germany seeing a sharp 12% drop in projects amid…
Euro zone inflation on track, back at target soon, ECB’s de Cos says
Euro zone inflation is falling as expected and will ease to 2% in the middle of next year after a…
US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies
The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that…
Fed announces reduction in balance sheet runoff pace
The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much…