The December jobs report showed employers hiring at a faster pace than Wall Street anticipated. But which industries are hiring, seeing the biggest number of hires? ZipRecruiter Chief Economist Julia Pollak sat down with TheStreet’s Read more…
Eurozone GDP was stable in Q4, better than expectation of -0.1% qoq contraction. Compared with the same quarter of the previous year, GDP increased by 0.1% yoy. EU GDP was also stable in Q4, and Read more…
The economy of China is hit by the decision to liquidate the developer Evergrande due to a debt of USD 300 billion. Bloomberg writes that this will have huge consequences for all of China. While Read more…
Market picture The cryptocurrency market has added over 2% in the last 24 hours. Bitcoin gained 3% during this time, Ethereum rose 1.75%, while Solana and Cardano outperformed the market, adding 5.7% and 8.3%, respectively. Read more…
Germany’s economy is bracing for a challenging first quarter, with ifo Institute projecting a contraction in GDP by -0.2%. Timo Wollmershäuser, Head of Forecasts at ifo, indicated that this decline would “tip the German economy Read more…
Swiss KOF Economic Barometer rose from 98.0 to 101.5 in January, above expectation of 98.2. That was the third consecutive month of increase, and the first instance since March of the previous year that the Read more…
EURUSD touched 1.0800 but returned higher Price moves within bearish triangle MACD and RSI suggest negative bias EURUSD tumbled below the crucial 1.0845 restricted zone, generating concerns that the decline from the 200-day simple moving average Read more…
Markets More ECB quotes hit the wires yesterday. But hawkish twists from the likes of Kazimir (rate-cut debate now is premature) got less attention. Markets instead singled out heavyweight Villeroy over the weekend effectively turning Read more…
It was yet another day, and another record high for the US major stock indices. The S&P500 traded to 4930 for the first time, driven higher by falling US yields after the US Treasury surprisingly Read more…
In focus today In the euro area, Q4 GDP is released. The composite PMI indicator was almost unchanged from Q3 to Q4 at 47.2 indicating negative GDP growth, and German GDP fell 0.3% q/q. Hence, Read more…