Markets The US Congressional Budget Office yesterday published its projections for the US federal budget deficit and debt for the period 2025-2055. Both are expected to rise substantially further under the assumption that current laws will remain unchanged. The latter of course complicates investors’ assessment on the exact meaning of the report as it for […]
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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…