UK economic activity strengthened in February, with GDP rising 0.5% mom, well above expectations of 0.1% mom. The expansion was broad-based, with both services and production increasing by 0.5%, while construction posted a stronger 1.0% Read more…
European currencies are maintaining an upward trajectory, having reached previously outlined levels amid sustained demand for the euro and the pound. The current advance is developing against a backdrop of gradually shifting market expectations and Read more…
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Key Highlights WTI Crude Oil failed to surpass $105 and trimmed most gains. A key bearish trend line is forming with resistance at $96.40 on the 4-hour chart of XTI/USD. Gold is facing a major Read more…
China’s economy delivered a stronger-than-expected start to the year, with GDP expanding 5.0% yoy in Q1, accelerating from 4.5% in the previous quarter and beating expectations of 4.8%. Officials described the performance as a “solid Read more…
Australia’s labor market showed steady conditions in March, with employment rising by 17.9k, in line with expectations, while the unemployment rate held at 4.3%. The data suggests underlying resilience, even as participation edged slightly lower Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Some folks might thrive among silence, Read more…
ECB Executive Board member Isabel Schnabel signaled that the central bank is in no rush to adjust policy, emphasizing that the current stance allows time to assess the impact of the latest energy shock. Speaking Read more…
The Federal Reserve’s latest Beige Book points to an economy that is holding up, but increasingly under strain from rising costs and geopolitical uncertainty. Activity expanded at a “slight to modest pace” across most districts, Read more…
The U.S. economy has so much to handle all at once. From rising oil prices, geopolitical tension, and fresh inflation concerns. Yet one of the country’s top economic officials just delivered a message that might Read more…