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Inflation in the US, measured by the Personal Consumption Expenditures (PCE) Price Index, stayed unchanged at 0.3% on a monthly basis in September, the US Bureau of Economic Analysis reported on Friday. Annually, the PCE Price Index edged higher to 4.4% from 4.2% but came in lower than the market …

The Eurozone economy grew 2.2% on quarter in the three months to September of 2021, beating 2.0% expected and 2.2% previous, the first estimate showed on Friday. Annually, the eurozone GDP rate expanded by 3.7% in Q3 vs. 14.3% seen in the second quarter of 2021 while beating 3.5% expectations.

There were 281,000 initial claims for unemployment benefits in the US during the week ending October 23, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 291,000 (revised from 290,000) and came in better than the market expectation of …

The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as was widely expected.

The Bank of Canada (BoC) announced on Wednesday that it left its key rate unchanged at 0.25% following the October policy meeting as expected. More importantly, the BoC decided to end its weekly purchases of the government of Canada bonds, the quantitative easing program. The policy statement revealed that the …

There were 290,000 initial claims for unemployment benefits in the US during the week ending October 16, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous print of 296,000 (revised from 293,000) and came in better than the market expectation of …

Goldman Sachs announced its third-quarter results that were better than analysts’ expectations, as investment banking revenues rose by 90%. Goldman Sachs’ results beat expectations during the third quarter, with earnings per share of $14.93 versus expectations of $10.18 per share, according to Refinitiv. Revenue also beat expectations, reaching $13.6 billion …

US retail sales unexpectedly rose in September, but there are concerns that supply restrictions could negatively affect the holiday shopping season amid persistent shortages of cars and other goods. Retail Sales in the US rose by 0.7% on a monthly basis to $625.4 billion in September, the data published by …

There were 293,000 initial claims for unemployment benefits in the US during the week ending October 9, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous print of 329,000 (revised from 326,000) and came in better than the market expectation of …

Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 5.4% on a yearly basis in September from 5.3% in August, the US Bureau of Labor Statistics figures showed on Wednesday. This reading came in line with analysts’ expectations. The CPI edged higher to 0.4% from …