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...
Data released by China's National Bureau of Statistics on Thursday, April 10, showed that the annual Consumer Price Index (CPI), a key measure of inflation, rose to 1.0% year-on-year in March, up from 1.3% in February. This marked the fastest growth rate since January 2023 and fell short of market expectations of 1.2%. The slowdown in inflation occurred amid typical...
Data released moments ago by the U.S. Bureau of Economic Analysis showed a decline in U.S. personal income of $18.2 billion in February, a 0.1% decrease compared to a 0.4% increase in January, falling short of expectations. Meanwhile, the Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, rose by 0.5% to $103.2 billion, compared to a...
The Reserve Bank of New Zealand's (RBNZ) Monetary Policy Committee decided to keep the official cash rate (OCR) unchanged at 2.25% at its meeting this morning, Wednesday, April 8, as expected, for the second consecutive meeting. The statement issued by the bank indicated that events in the Middle East since the bank's last meeting in February have significantly altered the...
New orders for durable goods fell in February, according to a report released moments ago by the US Census Bureau. The decline dropped by $4.4 billion to $315.5 billion, marking the second consecutive month of decreases after a 0.5% drop in January. This was slightly below expectations of a 1.1% decline. Meanwhile, core orders, excluding transportation, rose by 0.8% in...
Cryptocurrencies traded higher in midday trading on Monday, April 6th, the opening session of the week, with Bitcoin reclaiming the $70,000 level for the first time in a week. This surge in cryptocurrency trading was fueled by increased risk appetite in the markets following reports of potential ceasefire talks in the Middle East, coinciding with a rise in market capitalization....
The US Bureau of Labor Statistics report released moments ago showed that total non-farm payrolls (NFP) increased by 178,000 in March, compared to a revised 92,000 jobs added in February (revised down to a loss of 133,000 jobs). Expectations had anticipated an increase of 65,000 jobs. Meanwhile, the unemployment rate fell slightly in March, by 0.01 percentage points, to 4.3%,...
Data released moments ago by the US Census Bureau shows that US retail sales rose in February, exceeding expectations. Sales reached $738.4 billion, a 0.6% increase after a 0.2% decline in January (compared to expectations of 0.5%). Sales also rose 3.7% year-over-year compared to February 2025. Core sales, excluding autos, also saw growth in February, rising 0.5% compared to January...
The US private sector added approximately 62,000 jobs in March, according to figures released moments ago by ADP, following the addition of approximately 63,000 jobs in February. This exceeded expectations, which had predicted the addition of 41,000 jobs. In detail, the construction sector added approximately 30,000 jobs, while the manufacturing sector lost approximately 11,000 jobs. The education and healthcare services...
Eurostat, the European Union's statistical office, released its preliminary estimate for March, showing that annual inflation in the Eurozone rose to 2.5%, up from 1.9% in February. This figure fell short of market expectations, which had anticipated a rise to 2.6%. The largest contributor to inflation in September was the energy sector, which saw a 4.9% increase after a 3.1%...