Monthly archive November, 2022

Quarterly national accounts and consumer sentiment survey results from Germany are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Germany's statistical office Destatis is slated to issue detailed GDP data for the Read More →

Germany's economy expanded more than initially estimated in the third quarter, despite weaker global growth, delivery bottlenecks and rising inflation, official data showed on Friday. Gross domestic product grew 0.4 percent sequentially in the third quarter, faster than the 0.1 Read More →

Germany's business confidence improved more-than-expected in November to reach its highest level in three months from a twenty-nine month low in October, as companies' pessimism regarding the coming months reduced sharply, survey results from the ifo Institute showed on Thursday.Read More →

South Korea's central bank raised its benchmark rate by a moderate quarter point on Thursday as the slowdown in economic growth is set to be more severe. The Monetary Policy Board of the Bank of Korea unanimously decided to raise Read More →

Consumer sentiment in the U.S. deteriorated less than initially estimated in the month of November, according to revised data released by the University of Michigan on Wednesday.Original Article Read More →

The U.S. dollar turned weak against its major counterparts on Tuesday, after a few Fed policymakers commented that it would be appropriate to slow down the pace of interest rate increases.Original Article Read More →