Monthly archive January, 2024

The account of the monetary policy meeting of the governing council of the European Central Bank is the top economic news due on Thursday. At 2.00 am ET, the European Automobile Manufacturers' Association is scheduled to issue new car registrations Read More →

A report released by the Federal Reserve on Wednesday showed an unexpected uptick in U.S. industrial production in the month of December. The Fed said industrial production inched up by 0.1 percent in December, while revised data showed production was Read More →

The U.S. Dollar recorded a mixed performance in the week spanning January 8 to 12, weakening against the euro and the British Pound but gaining against the Australian Dollar and the Japanese Yen.Original Article Read More →

The German economy contracted for the first time in three years in 2023 as a toxic mix of persistently high inflation, rising interest rates and the weak global demand pushed activity into a recessionary phase. Gross domestic product shrank 0.3 Read More →

China's central bank maintained the rate on medium-term lending facility unchanged unexpectedly on Monday as any reduction would add downward pressure on the renminbi. The People's Bank of China added CNY 995 billion via the MLF, which is set to Read More →

Consumer prices in China fell for the third straight month in December highlighting the risk of deflation, while exports expanded more than expected despite the weak global trade.Original Article Read More →