Caixin PMI reveals China’s domestic demand surge; new orders hit 3.5-year highs amid stimulus-fueled economic growth….Read More
Tag: financial market
German Retail Sales Drops 1.5% While the EUR/USD Await Euro Area Inflation Data
More information in our economic calendarSignificantly, the weak October retail sales figures came after Germany’s GfK Consumer Climate Report, which signaled a sharp pullback in private consumption. The report highlighted…
Germany’s CPI Slows to 2.2% YoY, Core Inflation Stays High at 3.0%
Daily EUR/USDIn the short term, this data is unlikely to prompt immediate changes in ECB monetary policy, but it will influence market sentiment. The Euro may face downward pressure, as…
Durable Goods Rebound, GDP Steady at 2.8%, Initial Jobless Claims Decline to 213K
The deceleration from Q2’s 3.0% growth is attributed to reduced private inventory investment and a continued slump in residential fixed investment. On the price front, the gross domestic purchases index…