Britain’s economy grew in November on an annual basis by 0.2%, compared to an expected growth of 0.3%. On a monthly basis, real GDP grew by 0.1% in November 2022, after it recorded a growth of 0.5% in October 2022. The services sector grew by 0.2% in November 2022, after …

Oil prices rose more than 1 percent on Thursday, extending gains after data showed consumer prices in the United States fell unexpectedly in December, supported by optimism about the demand outlook in China. The US Consumer Price Index fell 0.1%, indicating that inflation is now on a continuing downward trend. …

China’s exports contracted sharply in December as global demand slowed, while imports also fell again as rising coronavirus infections and a sharply slumped real estate sector hit domestic demand, highlighting risks to the Asian giant’s economic recovery this year. Exports were one of the few bright spots in the world’s …

Gold prices rose on Friday, heading for a fourth consecutive week of gains, supported by a weaker dollar and expectations of a slower rate hike by the Federal Reserve. Spot gold rose 0.1 percent to $1,898.57 an ounce at 0234 GMT. Its prices have risen 1.8 percent so far this …

The US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Consumer Price Index (CPI), declined to 6.5% on a yearly basis in December from 7.1% in November. This reading came in line with the market expectation. On a monthly basis, the CPI …

The yen received support on Thursday from expectations that the Bank of Japan will review the implications of its easy monetary policy, while the dollar held near a seven-month low against the euro ahead of US inflation data on Thursday. The Japanese yen rose 0.8 percent, to record a session …

European stocks rose Thursday, January 12, in light of anticipation ahead of the release of US inflation data, which may affect the course of monetary policy in the largest global economy, while Logitech shares fell as sales expectations were cut after the company failed to achieve its quarterly targets. The …

Gold prices rose today, Thursday, supported by the decline in the dollar, while investors await US inflation data that may affect the path of the Federal Reserve (US Central Bank) regarding interest rates. And gold in spot transactions increased 0.4% to 1883 dollars an ounce, and US gold futures rose …

Oil prices were largely steady on Thursday, giving up early gains, as anticipation ahead of the release of US inflation data offset expectations of improving demand in China. Brent crude settled at $82.67 a barrel by 0725 GMT, while US West Texas Intermediate crude fell four cents, or 0.05 percent, …

Japan’s Nikkei closed slightly changed on Thursday amid caution ahead of the release of key US inflation data, while bank stocks rose amid speculation the Bank of Japan’s stimulus package could be modified as next week’s policy meeting approaches. The Nikkei ended Thursday’s session up 0.01 percent at 26,449.82 points, …