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Monthly archive January, 2023

Fed Minutes Signal Further Interest Rate Hikes

The Federal Reserve released the minutes of its December monetary policy meeting on Wednesday, reinforcing expectations the central bank is likely to continuing raising interest rates. The minutes reiterated that officials continue to anticipate that ongoing rate increases would be Read More →

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices Read More →

U.S. Construction Spending Unexpectedly Inches Higher In November

A report released by the Commerce Department on Tuesday unexpectedly showed a modest increase in U.S. construction spending in the month of November. The Commerce Department said construction spending crept up by 0.2 percent to an annual rate of $1.808 Read More →

Eurozone Factory Slowdown Softens As Supply Chain, Inflation Pressures Ease

Downturn in the euro area manufacturing slowed in the final month of 2022 amid healing supply chains and softening inflationary pressures, final results of the purchasing managers' survey from S&P Global showed Monday. The manufacturing Purchasing Managers' Index rose to Read More →

European Economic News Preview: Eurozone Final Manufacturing PMI Data Due

Results of the purchasing managers' survey for the manufacturing sector from the euro area and other major Eurozone economies are the top economic news on the opening weekday of the new year. At 3.15 am ET, Purchasing Managers' survey results Read More →

European Economics News Preview: Eurozone Monetary Aggregates Data Due

Monetary aggregates data from the euro area is the only major statistical report due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's statistical office INE publishes retail sales data for November. Sales Read More →