UNCTAD warns of a global economic slowdown to 2.3% in 2025, citing trade tensions and policy uncertainties. The US, UK, and EU face minimal growth, while China is expected to outpe...
In March 2025, US retail sales grew by 1.4% monthly to $734.9 billion, exceeding expectations. Year-on-year, sales rose by 4.6%, with motor vehicle and parts dealers leading at 8.8...
In April, US home builder confidence slightly improved to 40, with current sales conditions up by two points to 45. However, future sales expectations dropped by four points to 43,...
The Bank of Canada has decided to keep its interest rate unchanged at 2.75%, citing global trade tensions and unpredictable US tariff policies as key factors influencing this decis...
The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to drop by 12.6%. A further decline is possible if trade tensions e...
US industrial production fell by 0.3% in March, with a significant utility sector drop due to warm weather. Manufacturing and mining grew slightly, while business equipment rose an...
The US saw an unexpected rise in commercial crude oil inventories by 500,000 barrels to 442.9 million barrels, alongside a slowdown in refinery operations and a decrease in crude o...
Fitch Ratings forecasts deeper interest rate cuts by the ECB and emerging markets' central banks due to worsening global economic conditions and an escalating trade war, with world...
