USD/NOK eases from near 5-year high, US CPI data eyed
The USD/NOK currency pair eased from a recent peak of 11.5302, its highest level since March 2020, on Wednesday ahead of the essential US CPI inflation data that could provide further clues over the F
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Euro Area industrial production rises for 2nd month in November
Industrial production in the Euro Area was reported to have risen 0.2% month-over-month in November, after a revised up 0.2% growth in October.The latest result fell short of market consensus of a 0.3
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GBP/USD remains near 14 1/2-month low with focus on US CPI
The GBP/USD currency pair remained pressured not far from a 14 1/2-month low of 1.2099 on Wednesday, after data showed annual headline and core inflation rates in the UK had slowed in December.Annual
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India CPI inflation eases to 5.2% in December
Annual CPI inflation in India has slowed further, to 5.22% in December from 5.48% in November, data showed on Monday.In comparison, a consensus of analyst estimates had pointed to a slowdown to 5.3%.T
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Australia job advertisements rebound in December
The number of jobs advertised in the major daily newspapers in Australia as well as on Internet sites rose 0.3% month-over-month in December, the latest data by ANZ showed.That followed a 1.8% drop in
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Italy retail sales drop for 2nd month in November
Retail sales in Italy decreased 0.4% from a month ago in November, following a 0.5% drop in October, data by the National Institute of Statistics showed.In comparison, a consensus of analyst estimates
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Malaysia unemployment rate stays at 3.2% in November
The jobless rate in Malaysia was reported at 3.2% in November, down from 3.3% in the same month of 2023.The rate has remained at its lowest level since January 2020 for a fourth month in a row.The num
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Sweden GDP grows the most since January 2023
Sweden’s economy grew at a monthly rate of 1.4% in November, as it recovered from a 0.4% contraction in the prior month, data by Statistics Sweden showed.It has been the sharpest monthly growth since
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Norway producer prices rise the most since December 2022
Producer prices in Norway have surged at the sharpest annual rate since December 2022 in December last year, data by Statistics Norway showed.Producer prices rose 9.3% year-on-year in December after a
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Sweden CPI inflation slows to 4-year low of 0.8%
Sweden’s annual consumer inflation has eased to its lowest level since December 2020 in December last year.The inflation rate slowed to 0.8% in December from 1.6% in the prior three months, the latest
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Germany factory orders drop the most since August
New orders received by German manufacturers have shrunk at the steepest monthly rate since August in November.Factory orders dropped 5.4% month-over-month in November, compared to a 1.5% slump in Octo
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Singapore Forex reserves surge in December
Foreign exchange reserves in Singapore have risen to SGD 506.71 billion in December from SGD 505.74 billion in November, the latest data by the Monetary Authority of Singapore showed.The latest figure
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Norway manufacturing production rebounds in November
Manufacturing production in Norway was reported to have increased at a monthly rate of 1.1% in November, while recovering after three straight months of declines, data by Statistics Norway showed.In N
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Switzerland retail sales growth falls short of estimates
Retail sales in Switzerland were reported to have risen at the slowest annual rate since June in November.Retail sales went up 0.8% year-on-year in November, while slowing from a revised up 1.5% rise
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India Forex reserves drop to lowest in eight months
India’s foreign exchange reserves have eased to their lowest level since April.Foreign exchange reserves held by the Reserve Bank of India decreased to $640 billion in the last week of 2024, the lates
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Germany unemployment rate remains stable at 6.1%
The seasonally adjusted jobless rate in Germany was reported at 6.1% for a third straight month in December, official data showed.It has remained the highest jobless rate in the EU’s largest economy s
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Switzerland factory activity drops less than expected
Switzerland’s procure.ch and Credit Suisse Manufacturing Purchasing Managers’ Index was reported at a reading of 48.4 in December, down from 48.5 in the preceding month.In comparison, a consensus of e
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The euro has fallen to its weakest level against the dollar since 2022
Key Takeaways:The euro has fallen to its weakest level against the dollar since 2022, reaching $1.0306, due to concerns about Europes economy and expectations of interest rate cuts.The pound has also
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Singapore bank lending at more than two-year high
Bank lending in Singapore has increased to SGD 819.4 billion in November from SGD 813.1 billion in October, data by the Monetary Authority of Singapore showed.It has been the highest lending figure si
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Spain CPI inflation rises to 5-month high of 2.8%
Annual consumer price inflation in Spain has picked up to 2.8% in December from 2.4% in November, a preliminary figure showed on Monday.It has been the highest CPI inflation rate since July, while it
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Sweden's trade surplus shrinks in November
Sweden has reported a trade surplus of SEK 7.2 billion in November, which compares with a surplus of SEK 10.4 billion in the same month of 2023.The nation’s total exports shrank 4.4% year-on-year to S
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Singapore producer prices fall for fourth month in November
Producer prices in Singapore have dropped 3% year-on-year in November, the latest data by Statistics Singapore showed. It has been a fourth straight month of decline in domestic supply prices.Still, N
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Spain retail sales growth misses estimates
Retail sales in Spain have increased 1% year-on-year in November, after a revised down 3.4% surge in October, data by the National Statistics Institute showed.The latest figure pointed to the slowest
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Norway retail sales rise 0.3% MoM in November
Retail sales in Norway have increased 0.3% month-on-month in November over October, the latest data by Statistics Norway showed.The rate of growth has been the same as in October.In November, sales ro
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