Germany’s GfK Consumer Sentiment for April ticked up slightly from -24.6 to -24.5, falling short of expectations at -22.2. According to Rolf Bürkl of the NIM, the minor improvement may reflect “lessened pessimism” following recent elections and the hope for a stable new government. However, willingness to save continues to signal significant uncertainty among German […]
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China’s official PMI data for March offered modest optimism, with the manufacturing index rising from 50.2 to 50.5, matching expectations and marking its highest level in a year. Sub-indices for production and new orders both Read more…
New Zealand’s ANZ Business Confidence dipped slightly from 58.4 to 57.5 in March. Own Activity Outlook improved from 45.1 to 48.6. However, the data also brought a clear warning on inflationary pressures. Cost expectations surged Read more…
Japan’s industrial production rose 2.5% mom in February, beating market expectations of 1.9% mom gain. The strong growth was driven by key tech-related sectors, with chipmaking machinery output jumping 8.2% and electronic parts and devices Read more…