Data released at the start of the European session on Thursday, April 23, showed mixed performance across most Eurozone services and manufacturing PMIs, while the UK's April reading was positive. The Eurozone services PMI fell to a 62-month low of 47.4 in April, compared to 50.2 in March (predicted 49.8). Conversely, the manufacturing PMI rose to a 47-month high of...
The UK's Consumer Price Index (CPI), which measures inflation, rose to 3.3% in March, according to data released by the Office for National Statistics (ONS) on Wednesday morning, April 22. This compares to 3% in February and matches market expectations. On a monthly basis, the CPI rose by 0.7% in March, compared to 0.3% in February. The core CPI, which...
Data released moments ago by the US Census Bureau shows that US retail sales rose in March, reaching $752.1 billion, a 1.7% increase after a revised 0.7% rise in February (expectations were 1.4%). Sales were up 4% year-over-year compared to March 2025. Core sales, excluding autos, also grew by 1.9% in March, compared to a revised 0.7% in November, exceeding...
The ZEW Business Sentiment Index for Germany fell 16.7 points in April, entering negative territory for the second consecutive month to reach -17.3 points, compared to a 0.5 point decline in March. This was slightly below expectations of a -5.9 point drop. The March decline was driven by a drop in the assessment of the current economic situation in Germany...
Canada's Consumer Price Index (CPI) rose 2.4% year-on-year in March, according to figures released moments ago, compared to 1.8% in February. The core CPI, which excludes gasoline prices, rose 2.2% year-on-year, up from 2.4% in February. On a monthly basis, the index rose 0.9% in March, following a 0.5% increase in February, exceeding expectations of a 1.1% rise. The largest...
Preliminary estimates from the UK's Office for National Statistics show that the UK's gross domestic product (GDP) rose by 0.5% in February, following a revised 0.1% increase in January. This exceeded expectations of 0.1% growth. The economy also grew by 0.5% in the three months to February, after a revised 0.3% increase in the three months to January. The services...
Australia's unemployment rate held steady at 4.3% in March, according to figures released by the Australian Bureau of Statistics (ABS) at the start of Asian trading on Thursday, April 16. This figure was unchanged from February's reading and in line with market expectations. Meanwhile, the labor force participation rate fell slightly to 66.8% from 66.9%. The Australian economy added 17,900...
Data released moments ago by the U.S. Bureau of Labor Statistics showed that the Producer Price Index (PPI), which measures producer price inflation, rose 0.5% in March, compared to a revised 0.5% increase in February. This fell short of expectations, which had anticipated a 1.1% rise. The annual PPI increased by 4%, reaching its highest level since February 2023. The...
Data released earlier today from the Canadian economy showed an increase in employment of 14,000 jobs in March, following a decline of nearly 83,000 jobs in February, closely matching expectations. Meanwhile, the unemployment rate remained stable at 6.8%, slightly below the expected 6.8%. In detail, employment increased in several sectors, led by the services sector, which added 15,000 jobs, primarily...
Data released moments ago by the US Bureau of Labor Statistics shows that the Consumer Price Index (CPI), which measures inflation, rose in March to its highest level since 2022, reaching 0.9%, compared to 0.3% growth in February. This fell short of expectations, which had anticipated a rise to 1%. The core CPI, which excludes food and energy prices, remained...