News/Event
By Chuck Mikolajczak Global stocks slumped for a second straight session and the dollar strengthened sharply on Friday after U.S. President Donald Trump announced former Federal Reserve governor Kevin Warsh as his choice to become the next chair of the central bank, while a reading on inflation…
China has reduced proposed tariffs on certain dairy products from the European Union as it concludes an anti-subsidy investigation widely seen as retaliation for EU levies on Chinese electric cars, two European industry associations said.In final tariffs communicated to the European side, China is…
Retail sales in North Macedonia rose 1.2% year on year in December 2025, easing from a 2.3% increase in November.Sales of food, beverages and tobacco grew 4.6%, while automotive fuel sales advanced 1.5%.In contrast, sales of non-food products excluding fuel fell 3.0%, weighing on overall growth.On…
Markets are closing the day grappling with a sharp mix of policy, politics, and positioning risk. Donald Trump’s nomination of Kevin Warsh for Fed chair is forcing investors to reassess the path for rates, liquidity, and asset prices. That shift is rippling across gold, crypto, and the dollar, whil…
By Chuck Mikolajczak Global stocks fell for a second straight session on Friday, while the dollar strengthened, after U.S. President Donald Trump tapped former Federal Reserve governor Kevin Warsh as the next chair of the central bank, while a reading on inflation was stronger than expected.Wars…
The Mexican peso weakened past 17.4 per US dollar, giving back part of its strong monthly gains that drove it to mid-2024 highs as a firmer US dollar and shifting rate expectations eroded support for carry trades.The reversal was driven by a rebound in the greenback after the nomination of Kevin Wa…
By Sarah Morland and Adriana BarreraMexico will seek diplomatic solutions and alternatives to help Cuba, Mexican President Claudia Sheinbaum said on Friday, after U.S. President Donald Trump signed an executive order imposing tariffs on countries supplying the Caribbean island with oil.The White Ho…
Statistics Canada is pushing back by a day the release of inflation data for January after some economists noted that publishing it when markets in Canada would be closed might put Canadian investors at a disadvantage. The consumer price index will now be published Feb. 17., a day after a regional…
Europe enters the year in a state of strategic tension: resilient at home, uneasy abroad.Businesses are still hiring and investing, but confidence is wobbling as global risks mount. From boardrooms rattled by trade threats to governments quietly redesigning defense and deterrence, the continent is…
Zcash (ZEC) has experienced a sharp decline over the past 24 hours, dropping more than 9% to a low of $329 amid a broader cryptocurrency market downturn.The altcoin fell by nearly double digits as top coins foundered, including most privacy-focused tokens.Like ZEC, Monero, and Dash, tanked as macro…
The first week of February will follow unusual movements in global markets so far this year, recently marked by unprecedented volatility for metals and concerns of a dollar debasement while US President Trump nominated Kevin Warsh as the new Federal Reserve Chairman.The BLS will release its key job…
Bitcoin price has fallen nearly 10% since Jan. 28 as traders dealt with a number of macro shocks throughout the week, which erased much-needed risk appetite.After falling for the second straight day, Bitcoin price established a local bottom over $81,000 and started consolidating sideways, as long l…
By Lucia Mutikani U.S. producer prices increased by the most in five months in December amid some pass-through from import tariffs, suggesting inflation could pick up in the months ahead and allow the Federal Reserve to keep interest rates steady for a while.The larger-than-expected rise in the…
By Adriano MarcheseStocks in Toronto were sharply lower on the back of falling gold and silver prices.Nearly all sectors were lower midday Friday, with commodities as the outsized decliners, followed by tech and commercial services. Only health-tech stocks posted any gains in the session.On the bro…
By Adriano MarcheseStocks in Toronto were sharply lower on the back of falling gold and silver prices.Nearly all sectors were lower midday Friday, with commodities as the outsized decliners, followed by tech and commercial services. Only health-tech stocks posted any gains in the session.On the bro…
Japan CFTC JPY NC Net Positions rose from previous ¥-44.8K to ¥-33.9K
United States CFTC Gold NC Net Positions dipped from previous $244.8K to $205.4K
United States CFTC Oil NC Net Positions increased to 97K from previous 78.8K
United Kingdom CFTC GBP NC Net Positions climbed from previous £-22K to £-16.2K
United States CFTC S&P 500 NC Net Positions dipped from previous $-81.8K to $-99.8K
Australia CFTC AUD NC Net Positions: $7.1K vs $-14K
Eurozone CFTC EUR NC Net Positions climbed from previous €111.7K to €132.1K
The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen's (JPY) weakness.
INDIVIDUAL INVESTORS FOCUS ON THE ECONOMY AND/OR INFLATION - AAIIPessimism among individual investors over their short-term outlook for the U.S. stock market declined in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, both optimism and neutral sentiment w…
The CAC 40 advanced 0.7% to close at 8,127 on Thursday, trimming January losses to 0.3% as investors digested fresh domestic data and earnings.Support came after revised figures confirmed the French economy expanded 0.2% quarter on quarter in Q4, slowing from Q3 but aligning with expectations and r…
Spain’s consumer confidence indicator edged lower to 75.9 in December 2025, down from 76.0 in the previous month.It was the lowest reading since October 2023, reflecting more negative assessments of the current economic situation, which fell to 71.3 from 71.4 the month before.Household expectations…
OTTAWA, Jan 30 (Reuters) - Canada recorded a slightly higher C$26.39 billion ($19.51 billion) budget deficit for the first eight months of the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday. By comparison, the deficit in the same per…
HOT PPI JUSTIFIES FED PAUSE, CHICAGO PMI EXPANDS FOR FIRST TIME IN OVER TWO YEARSInvestors began their Friday learning that Trump had fingered former Fed Governor Kevin Warsh to replace Jerome Powell as chair of the central bank, news that was served with a side dish of steaming hot inflation data…
By Lucia Mutikani U.S. producer prices increased by the most in five months in December amid some pass-through from import tariffs, suggesting inflation could pick up in the months ahead and allow the Federal Reserve to keep interest rates steady for a while.The larger-than-expected rise in the…
By Chuck Mikolajczak Global stocks declined for a second straight session on Friday, while the dollar rose, after U.S. President Donald Trump tapped former Federal Reserve governor Kevin Warsh as the next chair of the central bank, while a reading on inflation was stronger than expected…
Korea's industrial production growth rebounded in December, indicating robust export growth. President Lee has signaled a potential supplementary budget to support various sectors, which could pose upside risks to Korea's growth.
US producer prices climbed more than anticipated in December, driven primarily by a rise in service prices. The Producer Price Index for final demand rose 0.5% month-on-month, accelerating from a 0.2% increase in November and surpassing economists’ expectations of a similar rise. On an annual basis…
The yield on Canada’s 10-year government bond has edged back toward 3.43% as markets weigh weaker domestic momentum against a firmer US yield backdrop and shifting expectations for US policy.Canadian data showing real GDP essentially flat in November, with a third contraction in four months across…
New interest rate has been settled for NO0012829763. The interest rate is setat4,59% for the period 02.02.2026 - 04.05.2026.https://newsweb.oslobors.no/message/664559
Silver (XAG/USD) sinks sharply more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 US Dollars at the time of writing. XAG/USD trades at $76.91, after reaching a daily high of $118.46.
The S&P TSX Composite slid about 1.5% to below the 32,550 mark on Friday, leaving the index nearly 2% lower on the week as a sharp drop in gold prices and softer oil weighed heavily on commodity producers.Losses were broad based, led by major miners such as Agnico Eagle, Barrick, Wheaton Precious M…
The Polish economy is set for more strength ahead following a solid year, Leszek Kasek and Mateusz Sutowicz at ING say in a note. GDP increased by 3.6% in 2025, compared with 3.0% a year prior. Growth was more balanced than in 2024, boosted by public and private consumption. Investments rose 4.2…
DBS Bank's Group Research expects Taiwan's central bank to maintain its policy rate at 2.00% throughout 2026. The report highlights that inflation is projected to remain below the central bank's comfort zone, with subdued price pressures reflecting stable economic conditions.
The Japanese Yen remains under pressure, with concerns raised by local business leaders about its excessive weakness impacting profitability and wage growth.
United States Baker Hughes US Oil Rig Count below forecasts (412): Actual (411)
The Canadian dollar has eased back toward 1.355 per US dollar after failing to sustain gains at sixteen-month highs, as softer domestic growth signals and renewed US dollar strength reversed part of January’s rally.Recent Canadian data showed real GDP flat in November, with a third contraction in f…
Portugal’s annual inflation rate edged down to 1.9% in January 2026, from 2.2% in December 2025, marking its lowest level since March, according to preliminary estimates.The slowdown was driven by softer food price pressures and continued energy deflation.Unprocessed food inflation cooled slightly…
By Jessica CoacciThe U.S. producer price index rose 0.5% in December from the prior month, falling inside a range of historical Wall Street Journal forecasts for the indicator.However, excluding food and energy, December prices rose 0.7% from November, a reading that was outside a range of historic…
By Matt GrossmanPrices charged by U.S. producers for their products climbed by more than expected in December, the Labor Department said Friday.The producer-price index increased by 0.5% in the final month of 2025, an uptick from a 0.2% rise in November. Analysts polled by The Wall Street Journal h…
The world has witnessed some rare sightings in the last few months. US President Donald Trump’s suggestion that Washington could “buy” Greenland triggered outrage among European allies, who were subsequently threatened with tariffs by the United States. Soon after, Canadian Prime Minister Mark Carn…
By Jeffry BartashProducer price index jumped at the end of 2025Pringles potato chips on display at a warehouse grocery store. Wholesale inflationThe cost of wholesale goods and services rose sharply at the end of last year, underscoring the battle against inflation is far from over as President Tru…
By Robb M. StewartOTTAWA--The Canadian economy was essentially unchanged in November as goods-producing industries weakened for a third month in the last four, dragged down by declines in manufacturing and forestry as tariffs and uncertainty continue to weigh.Gross domestic product, a broad measure…
U.S. producer prices increased more than expected in December, with businesses appearing to pass on higher costs from import tariffs, suggesting inflation could pick up in the months ahead. The Producer Price Index for final demand surged 0.5% last month after an unrevised 0.2% gain in Novem…
By Matt GrossmanPrices charged by U.S. producers for their products climbed by more than expected in December, the Labor Department said Friday.The producer-price index increased by 0.5% in the final month of 2025, an uptick from a 0.2% rise in November. Analysts polled by The Wall Street Journal h…
German inflation unexpectedly rose slightly in January, increasing to 2.1% year on year, preliminary data from the federal statistics office showed on Friday.Analysts polled by Reuters had forecast EU-harmonised inflation remaining unchanged from December at 2.0%.
Germany’s annual inflation rate rose to 2.1% in January 2026, up from December’s 15-month low of 1.8% and slightly above market expectations of 2.0%, according to a preliminary estimate.The harmonized index of consumer prices (HICP), the measure closely watched by the ECB, also increased to 2.1%, l…
The Eurozone economy grew by 0.3% quarter-on-quarter in Q4 2025, matching the pace of the previous quarter and slightly above market expectations of 0.2%, according to a flash estimate.Among the bloc’s largest economies, Spain led the gains, the strongest quarterly growth in a year, surpassing expe…
US producer prices rose 0.5% mom in December 2025, the largest gain in three months, accelerating from a 0.2% increase in November and exceeding expectations of 0.2%.Services prices rebounded 0.5% after remaining flat in November, led by a 4.5% rise in margins for machinery and equipment wholesalin…
OTTAWA, Jan 30 (Reuters) - The Canadian economy was essentially unchanged in November as the contraction in the goods-producing sector was offset by the expansion in the service-producing sector, Statistics Canada said on Friday. December GDP most likely rose 0.1%, the agency said in a flash est…
Core producer prices in the United States, which exclude food and energy, jumped by 0.7% from the previous month in December of 2025, the sharpest increase in five months, and firmly above market expectations of a softer 0.2% increase.Final demand prices for goods less food and energy were 0.4% hig…
By Robb M. StewartOTTAWA--The Canadian economy was essentially unchanged in November as goods-producing industries weakened for a third month in the last four, dragged down by declines in manufacturing and forestry as tariffs and uncertainty continue to weigh.Gross domestic product, a broad measure…
By Megan LeonhardtWholesale inflation closed out the year notably higher than expected, a pickup that could put pressure on prices in the coming months.The producer price index for total final demand rose 0.5% in December, lifting the annual rate to 3%, the same year-over-year change as November, t…
The Canadian GDP expanded by 0.1% from the previous month in December of 2025, according to an advance estimate.Official data showed that output was essentially unchanged in November.Goods producing industries remained a drag in November as declines in manufacturing and agriculture forestry fishing…
ABN AMRO's report outlines expectations for January PMIs in China, with a consensus forecast indicating broad stabilization. Both manufacturing PMIs are expected to remain at or just above the neutral 50 mark, while the services PMI is anticipated to decrease but remain in expansion territory.
A sharp pullback in gold and silver prices on Friday offered a glimpse of how sensitive safe-haven assets remain to shifts in expectations around US monetary policy. Markets moved swiftly as President Donald Trump announced former Fed governor Kevin Warsh as his nominee to replace Federal Reserve C…
Futures tracking the S&P/TSX Composite Index fell on Friday, pressured by a sharp drop in gold prices and weaker oil quotes.Gold plunged nearly 5% as the dollar rebounded, pressuring Agnico Eagle, Barrick, Wheaton Precious Metals, and Franco-Nevada, which had already declined in the previous sessio…
Producer prices in Luxembourg fell by 2.9% year-on-year in December 2025, the biggest drop since August 2024, following a revised 2.7% decline in the previous month.Deflation persisted for the fifth consecutive month, driven by sharper decreases in prices for consumer goods (-12.5% vs -7.47%) and e…
The dollar index pared early gains on Friday, trading around 96.4, near early-2022 lows, following President Trump’s nomination of Kevin Warsh to succeed Jerome Powell as Fed chair, in line with earlier signals.Markets see Warsh as a more hawkish pick who would support lower interest rates, though…
Producer prices in Belgium declined for the third consecutive month, falling by 1.8% year-on-year in December 2025, the biggest decrease since October 2024, after a 1.1% drop in November.The deflation was mainly driven by lower prices in the electricity, gas, steam, and air conditioning supply sect…
CaixaBank’s 2025 net profit rose 1.8% from a year earlier to €5.891 billion, supported by increased business both in lending and customer resources. The outcome is the bank’s largest profit on record, according to filings with Spain’s CNMV securities regulator.The performance came at a time of fall…
Sri Lanka’s trade deficit widened to $997.2 million in December 2025 from $822.7 million a year earlier, as imports continued to outpace exports.Goods imports rose 12% year on year to $2,155.2 million, driven in part by vehicle purchases.Vehicle imports, including personal and commercial vehicles…
Portugal’s economy expanded 0.8% quarter-on-quarter in Q4 2025, accelerating from a downwardly revised 0.7% in the previous quarter and surpassing market expectations of 0.5%, according to a preliminary estimate.This marked the strongest quarterly pace in a year, supported by net external demand, a…
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation is too high and it needs to come down and that the Fed should be more patient for now in an interview for CNBC.
Cardano (ADA) is trading at $0.32 at the time of writing on Friday, down over 2% intraday, as bearish momentum continues to grip the broader crypto market. ADA has been caught in a broader drawdown that triggered cascading losses in risk assets, weighed down by persistent macroeconomic uncertainty.
The Indian Rupee remains under pressure as USD/INR approaches the 92.00 level. The upcoming FY2026/27 Budget announcement is crucial for assessing fiscal consolidation amidst rising capital outflows.
Federal Reserve (Fed) board of governors member Christopher Waller said that he dissented in favor of a 25bps interest rate cut because monetary policy is still restricting the economic activity too much in a statement released on Friday.
Donald Trump nominates Kevin Warsh as Federal Reserve chair, testing central bank independence as inflation, politics and market pressure converge.Donald Trump said he will nominate Kevin Warsh as the next chair of the Federal Reserve, selecting a familiar policymaker to lead the world’s most power…
According to national accounts data, Spain’s economy expanded in 2025 thanks to substantial advances in most sectors and a strong performance in construction. However, imports showed divergent trends between goods and services.Year-on-year, imports displayed mixed growth, slowing in services and ac…
The yield on the 10-year US Treasury note was above 4.25% on Friday, holding the increase on the week after President Trump announced the former Federal Reserve Governor Kevin Warsh to be the next Fed Chairman.The upcoming Chairman is seen on the more hawkish side of the finalists for the position…
Spain’s annual inflation rate fell to 2.4% in January 2026 from 2.9% in December, slightly exceeding analysts’ estimates of 2.3%, preliminary estimates showed.This marked the third consecutive slowdown in price growth and the lowest inflation reading since June 2025.The moderation in inflation refl…
Private payroll employment in France decreased by 0.1%, or 28,700 jobs to 21.0 million in the fourth quarter of 2025, following a 0.1% fall in the previous quarter, according to preliminary data.Temporary employment remained broadly stable, rising by 0.1% (+800 jobs) after falling by 0.6% (-4,300 j…
French domestic producer prices rose 0.2% month-on-month in December 2025, slowing sharply from a 2.8% surge in November.The moderation was driven by weaker prices in extractive industries, energy, and water (+2.9% vs +10.8% in November), while prices for manufactured goods declined (–0.6% vs +0.5…
The Ibovespa fell 0.8% to close at 183,134 on Thursday, after a sharp selloff in US equities triggered a global risk-off move, overwhelming earlier domestic optimism.A plunge in New York stock indices, led by technology shares, pushed global markets lower, lifting the dollar against the real and dr…
Industrial production in Serbia declined 5.7% year-on-year in December 2025, following a 3.4% drop in the previous month.This marked the steepest fall in industrial activity since March 2024, as output decreased further in energy output (-23.4% vs -15% in November), durable consumer goods (-13.8% v…
Germany’s import prices dropped 2.3% year-on-year in December 2025, following a 1.9% decline in the previous month and compared with market expectations of a 2.6% fall.This marked the ninth consecutive month of declining import prices and the steepest drop since March 2024, driven largely by a shar…
German import prices decreased by 2.3% year on year in December, the statistics office said on Friday.Analysts polled by Reuters had predicted a 2.6% decrease.The statistics office offers more detailed economic data on its website.
The Dutch economy grew by 0.5% from the previous period in the fourth quarter of 2025, matching the pace seen in the third quarter, driven by exports and higher government spending, preliminary estimates showed.Exports of goods and services increased by 1.3%, helped by stronger sales of petroleum p…
Consumer confidence in New Zealand rose in January to its highest level since August 2021, ANZ-Roy Morgan data showed on Friday.The consumer confidence index rose to 107.2 in January from 101.2 in December. A reading above 100 shows optimism, while below that indicates pessimism."Lifts in activity…
The CAC 40 rose 0.2% to 8,090 on Friday, extending gains from the previous session as investors absorbed a fresh round of economic data from across Europe.Domestically, preliminary data showed that the French economy expanded by 0.2% quarter-on-quarter in Q4 2025, in line with market expectations b…
The Czech Republic’s gross domestic product (GDP) grew by 0.5% quarter-on-quarter in the fourth quarter of 2025, slightly below market expectations of a 0.6% increase and slowing from a 0.8% expansion in the previous quarter, according to preliminary estimates.The growth was mainly supported by str…
European stocks edged higher on the final trading day of January, with the STOXX 50 rising 0.3% and the STOXX 600 adding 0.1%, rebounding after losses in the previous two sessions.Investors remained focused on corporate earnings while digesting key economic data.Adidas shares jumped 4% after the co…
By Xavier MartinezMore earnings are due, as well as a reading on monthly supplier inflation. Here is what to watch:TodaySaturday, Jan. 31This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
Retail sales growth in Croatia increased by 4.8% year-on-year in December 2025, from a 1.4% gain in the previous month.This marked the highest level since June, as sales rose at a faster pace for non-food products (5.6% vs. 4.2% in November), automotive fuels and lubricants (9.4% vs. 6.8%), and tra…
Armenia’s economic activity expanded by 14% year-on-year in December 2025, accelerating from an 11.5% rise in November.Industrial output surged (38.6% vs 31.7% in November), while construction activity (20.5% vs 17.2%) and trade turnover (3.2% vs 1.5%) also strengthened.Meanwhile, services growth s…
The Euro Area seasonally adjusted unemployment rate eased for the second month to 6.2% in December 2025, tying the record lows from late 2024 and down from 6.3% in November.Analysts had expected it to remain steady at 6.3%.The number of unemployed decreased by 61,000 from the prior month to 10.792…
Construction output in Armenia surged 20.5% year-on-year in December 2025, accelerating from a 17.2% rise in the previous month and marking the fastest pace of growth since September.On a monthly basis, construction activity jumped 77.9%, soaring from a 4.3% increase in November.For the full year…
Finland’s economy expanded by 0.6% quarter-on-quarter in the fourth quarter of 2025, rebounding from a 0.3% contraction in the previous quarter, according to preliminary estimates.The latest figure also marked the first quarterly growth of the year.On a year-on-year basis, Finland’s GDP stagnated i…
DUBAI, UAE – Dubai Chambers welcomed the Honourable Trevor Jones, Ontario Minister of Agriculture, and his accompanying delegation for high-level discussions aimed at strengthening trade and promoting investment opportunities between Dubai and the Canadian province of Ontario.The visiting delegatio…
Industrial production in Armenia surged by 38.6% year-on-year in December 2025, accelerating from a 31.7% increase in the previous month.This marked the strongest growth since records began in 1999.On a monthly basis, industrial production climbed to 25% from 12.8% in November, reaching its highest…
Global markets faced renewed pressure on Friday as investors digested signals around the next US Federal Reserve chair, escalating trade threats from President Donald Trump, a deepening selloff in cryptocurrencies, and policy moves in Indonesia following sharp equity volatility.Asian markets slide…
The Dutch economy grew by 1.9% in 2025, accelerating from 1.1% in 2024.Exports of goods and services increased by 2.6% over the year, while imports rose slightly less, by 2.5%.Government spending was also an important driver, rising by 2.6%, reflecting higher public expenditure.Household consumptio…
Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed.The latest figure also marked the fastest growth since the s…
By David Milliken British lenders approved the fewest mortgages for house purchase in 18 months in December, according to unexpectedly weak figures from the Bank of England on Friday that cast doubt on expectations of an early recovery in the housing market in 2026.The BoE said lenders approved…
Slovenia’s unemployment rate stood at 4.6% in November 2025, unchanged from the previous month.This remained the highest level since March, as the number of unemployed persons rose by 126 month-over-month to 45,796.The unemployment rate for women was 5.0%, compared with 4.3% for men.By age group, u…
The Eurozone economy expanded 1.5% in 2025, up from 0.9% in 2024 and exceeding the European Commission’s projection of 1.3%.Economic activity was supported by resilient household consumption, benefiting from lower borrowing costs and easing inflation, a surge in exports to the US as companies stock…
Central European currencies continued to drift on Friday, after data showed economic growth in the Czech Republic and Hungary were a bit lower than expected in the fourth quarter of 2025 and Polish GDP grew strongly last year. Data published on Friday showed the Polish economy grew 3.6% last year c…
The Euro Area economy expanded by 1.3% year-on-year in the final quarter of 2025, marking its slowest pace in a year but easing only slightly from 1.4% in the previous quarter and exceeding market expectations of 1.2%, according to preliminary estimates.Among member states with available data, Irel…
Croatia’s industrial production rose by 4.5% year-on-year in December 2025, easing from an 8.8% climb in the previous month.This marked the third consecutive month of growth in industrial activity, albeit at a softer pace, as output moderated in the manufacturing industry (6.4% vs 10.6% in November…
The FX:EURUSD exchange rate retreated sharply as market participants reacted to the rising odds that Kevin Warsh will become the next Federal Reserve Chair. It retreated to a low of 1.1925, down from the year-to-date high of 1.2077 ahead of the upcoming European Central Bank (ECB) decision.Kevin Wa…
Australia’s private sector credit rose 0.8% month-on-month in December 2025, exceeding market expectations of 0.6% and accelerating from a 0.6% growth in the previous month.The latest figure marked the highest increase since June 2022, as credit growth quickened for both housing (0.7% vs 0.6% in No…
The ANZ-Roy Morgan Consumer Confidence increased to 107.2 in January 2026 from 101.5 in December, marking its highest level since August 2021.The share of households seeing it as a good time to purchase a major household item, a key retail indicator, rose 2 points to +1, the first positive reading…
By Balazs Koranyi The euro zone economy grew quicker than expected last quarter as consumption and investments kicked into higher gear, offsetting low exports and the exceptional uncertainty emanating from U.S. trade policy, Eurostat data showed on Friday. The figures signal remarka…
Net mortgage borrowing by UK individuals remained unchanged at £4.6 billion in December 2025, slightly above market expectations of £4.5 billion.Gross lending fell by £0.5 billion to £23.0 billion, while gross repayments also declined by £0.6 billion to £18.8 billion.The annual growth rate for net…
Turkey’s trade deficit was slightly revised down to USD 9.3 billion in December 2025 from a preliminary estimate of USD 9.4 billion, widening from USD 8.8 billion in the same month of 2024.This was the largest trade gap since April, despite exports rising more than imports.Exports grew 12.7% year-o…
Lithuania’s economy expanded by 1.7% quarter-on-quarter in the final quarter of 2025, rebounding from a downwardly revised 0.1% fall in the previous three-month period, preliminary estimates showed.This marked the strongest economic growth since the third quarter of 2021, driven largely by positive…
Denmark’s unemployment rate held steady at 2.6% in December 2025, unchanged from the previous three months and remaining at its highest level since November 2024.The number of unemployed individuals increased by 0.3 thousand from a month earlier to 78.7 thousand, with the unemployment rate for men…
Retail sales in Norway fell by 0.7% month-on-month in December 2025, reversing a downwardly revised ten-month high gain of 1.2% in the previous month.Sales declined for non-specialized stores (-0.5% vs 0.4% in November), food and beverages (-1.4% vs 0.3%), ICT equipment (-3.7% vs 1.7%), other house…
Tourism revenues in Turkey increased 9.9% year-on-year to USD 15.2 billion in the fourth quarter of 2025.Individual expenditures accounted for USD 11 billion of total tourism income, while package tour spending made up USD 3.9 billion.The largest shares of spending were on package tours (26.2%), fo…
Romania’s seasonally adjusted unemployment rate stood at 6% in December 2025, unchanged the previous month.The number of unemployed persons decreased marginally by six from a month earlier to 493.7 thousand.By gender, the jobless rates for men edged down to 5.9% from 6.1% in November, while that fo…
Oil giant Chevron Corporation, the only US company currently producing oil in Venezuela, is set to report its fourth-quarter earnings before the market opens on Friday. Its operations in Venezuela are expected to be a key point of discussion, offering one of the first glimpses into the opportunity…
France’s 10-year OAT yield hovered just above 3.4%, remaining near its lowest level since late November, as investors positioned ahead of the ECB’s meeting next week, where policymakers are expected to weigh the deflationary impact of a stronger euro.Policymaker Martin Kocher recently cautioned tha…
Macau’s trade deficit widened to MOP 10.6 billion in December 2025, up from MOP 10.1 billion a year earlier.Exports climbed 11% to MOP 1.2 billion, supported by stronger shipments in machinery and transport equipment (47.4%), miscellaneous manufactured articles (8.2%), and food and live animals (27…
Italy’s 10-year BTP yield remained just below 3.5% as investors positioned ahead of the European Central Bank’s meeting next week, where policymakers are expected to consider the deflationary effects of a stronger euro on their policy stance.The euro hit a 4½-year high above $1.20 at the end of Jan…
Industrial producer prices in Italy fell by 1.4% year-on-year in December 2025, slipping further from a 0.2% decline in the previous month.Domestic producer prices decreased 2%, with gains in basic pharmaceutical products and pharmaceutical preparations (3.4%), metallurgy and manufacture of metal p…
The South Korean won weakened to around 1,437 per dollar, retreating from a near three-month high in the previous session, as renewed uncertainty over US-Korea trade relations weighed on sentiment.The first day of high-level talks in Washington ended without an agreement after President Donald Trum…
Germany’s 10-year Bund yield settled at 2.85%, retreating from near 10-month highs, as investors looked ahead to the European Central Bank’s meeting next week, where policymakers are expected to weigh the deflationary impact of a stronger euro on the policy outlook.The euro hit a 4½-year high above…
The euro settled at $1.19 at the end of January, close to a four-year high and marking a 1.5% gain over the month, supported by broad dollar weakness as investors digested a series of economic and policy developments.The US dollar came under pressure amid ongoing policy uncertainty in Washington, i…
The New Zealand dollar fell to around $0.604 on Friday but remained on track for a solid monthly rise, supported by increased bets of a near-term interest rate hike.Strong economic data, particularly last week’s upside surprise in inflation, has reinforced market views that the Reserve Bank of New…
Producer prices in Bulgaria rose 9.6% year-on-year in December 2025, easing from a 12% increase in the previous month.Price growth eased sharply in the electricity, gas, steam, and air conditioning supply industry (15.7% vs. 28% in November).In contrast, costs in the mining and quarrying sector acc…
Gold and silver prices came to a screeching halt on Friday as the precious metals experienced wild swings to the downside. Silver prices on COMEX, which peaked above $120 per ounce earlier this week, fell below $100 on Friday. Meanwhile, gold prices briefly fell below the crucial mark of $5,000 per…
The United States and El Salvador signed an agreement on Thursday aimed at encouraging investment in the exploration and export of critical minerals, which U.S. President Donald Trump has described as essential to economic and national security.The deal signed in Washington would allow U.S. compani…
The yield on the 10-year US Treasury note rose nearly 5 basis points to above 4.27% on Friday, continuing this week’s upward trend amid speculation that President Donald Trump will nominate former Fed Governor Kevin Warsh as the next Federal Reserve chair.Trump said Thursday night that he would ann…
The number of foreign visitors to Turkey increased by 4.99% year-on-year to 2.72 million in December 2025, following a 2.61% rise in the previous month.Among the top five source countries for the month, arrivals rose from Germany (3.93%), Bulgaria (10.71%), and Russia (9.48%), while declined from I…
European equity markets were set for a higher open on Friday, snapping a sharp two-day decline as investors digested a wave of earnings reports from some of the region’s largest companies.Markets were also buoyed by hopes that a stronger euro could help slow inflation, giving the European Central B…
Producer prices in Austria dropped by 1.9% year-on-year in December 2025, slipping further from a 1.3% fall in the previous month.This marked the ninth consecutive month of falling prices and the sharpest since November last year, mainly driven by a faster decline in energy costs, which dropped 6.9…
The French economy (FRGDPP=ECI) grew 0.2% in the fourth quarter of last year, slowing down from the previous three months as domestic demand was slightly lower and contributions from inventory changes dropped, official preliminary data showed on Friday.The INSEE statistics institute said the fourth…
The Austrian economy expanded by 0.2% quarter-on-quarter in Q4 2025, easing from 0.4% growth in Q3, but above the expected 0.1% expansion.Growth slowed for government spending (+0.4% vs +0.7% in Q3), while gross fixed capital formation declined (-0.7% vs -0.1%).Meanwhile, household consumption rebo…
Switzerland’s KOF Economic Barometer declined to 102.5 in January 2026, down from an upwardly revised 103.6 in December and below market expectations of 103.0.The slowdown was driven mainly by weaker indicator bundles for hospitality and construction.In contrast, indicator bundles for manufacturing…
Retail sales in Estonia fell by 0.4% year-on-year in December 2025, the same pace as the previous month.This marked the second consecutive month of decline in retail activity and the lowest reading since August as sales growth moderated for automotive fuel (10.2% vs 13% in November), while trade dr…
Household consumption of goods in France dropped 0.6% month-on-month in December 2025, following a 0.3% decrease in November and exceeding expectations of a 0.4% fall.The decline was driven by a sharp pullback in engineered goods consumption (-1.0% vs +0.5% in November), as spending on durable good…
By Stefano Rebaudo German two-year government bond yields were set for their biggest weekly drop since October, with investors betting the European Central Bank will factor in the deflationary drag from a stronger euro as it shapes its policy outlook. Investors are also awaiting the release o…
The number of people registered as out of work in Norway fell for a second month in a row to a seasonally adjusted 62.6 thousand in January 2025 from a downwardly revised 63.6 thousand in the previous month.This marks the lowest since April 2025, corresponding to 2.1% of the workforce.Unemployment…
Poland’s gross domestic product rose by 3.6% in 2025, the strongest growth since 2022, showing a clear acceleration from 3.0% in 2024 and matching market expectations, supported by broader strength across key sectors.Gross value added in the overall economy increased by 3.0%, improving from 2.1% a…
Eurozone median inflation expectations for the next 12 months were unchanged at 2.8% in December 2025.By contrast, expectations over longer horizons edged higher: three-year-ahead inflation expectations rose to 2.6% from 2.5%, while five-year-ahead expectations increased to 2.4% from 2.2%.Uncertain…