Stagnant US Producer Prices in February Defy Analyst Expectations
The US Producer Price Index remained unchanged in February, defying analyst expectations. Despite this, the unadjusted index rose 3.2% over the past year, while the index for final...
Economy News
US Job Market Shows Resilience: Initial Jobless Claims Dip to 220,000
The US labor market shows resilience as initial jobless claims drop to 220,000, with the insured unemployment rate steady at 1.2%. Despite a slight increase in the 4-week moving av...
Eurozone's Industrial Surge: A 0.8% Leap in January Signals Economic Resilience
The Eurozone's industrial production rose by 0.8% in January, showcasing economic resilience. The EU saw a 0.3% increase, but a slight year-over-year decline, indicating a mixed in...
Global Oil Demand Growth Projected to Slow Down by 2025, IEA Reports
The International Energy Agency forecasts a slowdown in global oil demand growth by 2025, citing trade tensions as a key factor. Meanwhile, world oil supply increases, with the US ...
Trump's Tariff Tango: US-Canada Trade Tensions Escalate and Ease
The US-Canada trade war intensifies as Trump doubles metals tariffs, then retracts following Canada's threat to impose electricity surcharges. This move causes market volatility an...
February Sees a 0.3% Rise in Swiss Producer and Import Prices
In February, Switzerland's Producer and Import Price Index increased by 0.3%, with notable rises in pharmaceutical raw materials and petroleum products, while import prices fell, p...
Turkey's Central Bank Vows to Continue Tight Monetary Policy to Combat Inflation
Turkey's Central Bank, under Governor Fatih Karahan, is committed to a tight monetary policy to reduce inflation to 24% by year-end. Despite recent rate adjustments, the bank is de...
Record Low Prices for Chinese Shine Muscat Grapes in Vietnam Spark Market Buzz
The price of Chinese Shine Muscat grapes in Vietnam has hit a record low, with vendors selling them at significantly reduced rates. Despite the price drop, the quality remains high...
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