Skip to main content
Skip to footer

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024

Tourism boosts country’s economy, but lower exports and consumption weigh on growth

Food prices remained unchanged at 5 percent in March compared to February

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Bullion loses safe-haven appeal amidst reduced geopolitical risks

Labor market changes could primarily stem from reduced hiring rather than sudden rise in terminations

Despite wage hikes, inflation-adjusted real wages continued to decline for nearly two years

Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment

ECB ready to adapt monetary policy stance if current trends persist

Inflation's reversed momentum sparks concern over interest rate cut timing

House prices show smallest drop in 8 months

Board member Noguchi foresees slower policy adjustments compared to global counterparts

On a month-on-month basis, consumer inflation was 0.8 percent in March, down from 1.0 percent in February

Investors lower expectations for the scale and timing of future rate cuts

Egypt further plans to sell more state assets, which would reduce the state's role in the economy.

Unemployment rate falls to a low of 3.8 percent supporting spending surge

U.S. retail sales data released on Monday showed a 0.7 percent increase last month

The unemployment rate in the country stood at 3.9 percent in the three months to January

The consumer prices increased by 2.7 percent year-on-year in February 2023

The yen weanked past the 154 range vs dollar

Driven by lower growth in the prices of food, services, tobacco, energy, and manufactured products