According to the most recent monthly update of the Federal Reserve’s favoured inflation indicator, consumer prices increased less in February than anticipated. Compared to the 0.3% forecast, the price index for core personal consumption increased by only 0.2% in February, slowing from a 0.5% gain in January that had been …

Official data showed on Friday that the pace of growth in China’s manufacturing activity slowed in March, which casts doubt on the strength of the industrial sector’s post-Covid recovery in light of weak global demand. As for the services sector, it was stronger, and its activity grew at the fastest …

Data published by the Turkish Statistical Institute on Friday showed that the country’s foreign trade deficit rose 51.4 percent in February on an annual basis to $12.08 billion, after imports jumped 10.1 percent. The data showed that imports amounted to 30.71 billion dollars, while exports fell 6.4 percent to 18.64 …

The most recent information released by Eurostat on Friday revealed that the annualised Harmonized Index of Consumer Prices (HICP) for the Eurozone decreased to 6.9% in March from 8.5% in February. The market anticipated a decrease in the inflation rate to 7.1% for the reporting period. Contrary to expectations of …

Japan’s Nikkei index rose on Friday, the last trading day of the country’s fiscal year, and recorded its best week in two months after easing fears of a banking crisis and a weaker yen boosted investor sentiment. The Nikkei ended Friday, up 0.93 percent, at 28,041.48 points, to remain above …

Gold prices rose on Friday, heading to record the best monthly performance since July 2020, as the banking system crisis led to the expectation that the Federal Reserve (the US Central Bank) would temporarily stop raising interest rates, which makes the yellow metal more attractive. By 0321 GMT, spot gold …

The US Bureau of Economic Analysis (BEA) released its final estimate on Thursday, revealing that the US real Gross Domestic Product (GDP) increased at an annualised rate of 2.6% in the fourth quarter. This number was below than the 2.7% market forecast as well as the prior estimate. “The revision …

According to Labor Department figures released on Thursday, more Americans than anticipated last week filed for jobless benefits. Initial jobless claims that were seasonally adjusted for the week that ended on March 25 increased to 198,000 from an unrevised number of 191,000 the previous week. According to economists’ predictions, the …

When investors turned their attention to analysing their end-of-quarter positions, Wall Street prepared to follow the rise in global equities, which reached their highest level in three weeks on Thursday. This rise was supported by expectations that the crisis in the banking industry is resolved. Government bonds in the euro …

European shares recorded their highest level in two weeks at the open on Thursday, after the rise of the Wall Street Stock Exchange in the evening affected by an unexpected increase in the profits of the Swedish retail giant H & M and the dispelling of concerns about pressures in …