Financial News

Eurozone inflation rises to 2.3% in November, driven by services and easing energy deflation. How will this impact ECB policy and EUR/USD trends?

German retail sales drop 1.5% in October, deepening recession fears as weak consumer spending challenges economic recovery.

Germany’s CPI rose 2.2% YoY in November but fell 0.2% MoM. HCPI signals slowing growth, pressuring the Euro as ECB rate hike urgency wanes.

Natural gas prices remain under pressure as traders react to the EIA report.

Gasoline inventories increased by 3.3 million barrels from the previous week.

Core PCE inflation rises to 2.8% annually as income gains outpace spending. Fed caution persists amid sticky service prices.

Durable goods orders rebound 0.2% in October, led by transportation gains, while GDP growth holds steady at 2.8%. Can the U.S. economy sustain its momentum?

The GfK Consumer Climate Indicator plunges, signaling rising concerns over jobs, spending, and recession risks.

Markets are calm after the release of FOMC Minutes.

The report showed that consumers were substantially more optimistic about future job availability.

Composite-20 HPI rises 4.6% y/y in September, slowing from 5.2% in August. Monthly declines highlight affordability challenges and market pressures.

The future production index increased to a three-year high.

Year-ahead inflation expectations decreased from 2.7% in October to 2.6% in November.

The economic growth remains heavily reliant on the services sector.

UK PMI falls below 50, signaling economic contraction. Rising costs, job cuts, and weak demand weigh on growth, with confidence at its lowest since 2022.

Eurozone PMI drops to 48.1 in November, with services and manufacturing both contracting. Falling demand and weak confidence signal tougher times ahead.

Services in Germany face contraction for the first time since February as PMI drops to 49.4. Traders eye shrinking demand and rising uncertainty.

Weak UK retail sales in October spark questions on demand-driven inflation trends.

Gary Gensler will leave US SEC Chair office on Jan 20, 2025, marking the end of a tenure defined by intense scrutiny of cryptocurrency markets.

Natural gas prices test multi-week highs as traders react to the EIA report.