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There were 712,000 initial claims for unemployment benefits in the US during the week ending March 4, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 754,000 (revised from 745,000) and came in better than the market expectation of …

The Bank of Canada (BoC) has decided to maintain its main interest rates unchanged during its policy meeting on Wednesday. The overnight rate has been held at the effective lower bound of 0.25%, with the Bank Rate at 0.5%, and the deposit rate at 0.25%. BoC is maintaining its extraordinary …

Italy’s producer prices fell 0.3% year-on-year in January 2021, after a 1.8% decline. It is the nineteenth consecutive month in which producer prices have fallen, but it is the softer one since July 2019. On a monthly basis, producer prices rose 1.4% in January, the largest number since July 2018.

The Gross Domestic Product (GDP) in the Euroarea contracted by 4.9% on a yearly basis in Q4, the data published by Eurostat showed on Tuesday. This reading came in slightly better than the flash estimate and the market expectation of -5%. On a quarterly basis, the GDP declined by 0.7%.

Nonfarm Payrolls (NFP) in the US increased by 379,000 in February, the data published by the US Bureau of Labor Statistics showed on Friday. To be updated …

Official data revealed that orders for the supply of manufactured goods in Germany rose twice as much as expected in January, as stronger external demand helped manufacturers in Europe’s largest economy. The data published by the Federal Statistics Office showed that orders for the supply of industrial goods increased on …

There were 745,000 initial claims for unemployment benefits in the US during the week ending February 27, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous one of 736,000 and came in better expectation of 750,000.

Preliminary data from the Union and distributors of automotive manufacturers in Britain showed that new car registrations fell by about 36% in February on an annual basis as forced public isolation procedures imposed anti-covid-19. The union noted that the volumes sold are at their lowest level in February since 1959. …

Planned job cuts in the US-based employers dropped to 34,531 in February from 79,552 in January, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.

Employment in the US’ private sector increased by 117,000 in February, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading fell short of the market expectation of 177,000. On a positive note, however, January’s reading got revised up to 195,000 from 174,000.