Economy News


UK Economy Readings Underscore Bank of England's Dilemma

UK Economy Readings Underscore Bank of England's Dilemma

A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at risk of a wave of job losses or a new period of persistently high inflation. A closely watched survey of businesses - th...


February 21, 2025
Italy January EU-Harmonised CPI Confirmed at +1.7% y/y
Italy January EU-Harmonised CPI Confirmed at +1.7% y/y

Italian EU-harmonised consumer prices (HICP) fell 0.8% month-on-month in January and were up 1.7% from the year earlier, official statistics agency...

UK Consumers Defy Weak Outlook to Ramp Up their Spending
UK Consumers Defy Weak Outlook to Ramp Up their Spending

British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested...

Vietnam Decides to Impose Temporary anti-Dumping Tariff on China Steel Products
Vietnam Decides to Impose Temporary anti-Dumping Tariff on China Steel Products

Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some hot-rolled coil steel products originating from China, the trade ministry...

German Growth Edges Up as Manufacturing Decline Slows, PMI
German Growth Edges Up as Manufacturing Decline Slows, PMI

Business activity in Germany's private sector picked up slightly in February, driven by a steady performance in services and reduced drag from...

German Machinery Exports Decline in 2024 amid Feeble Demand, VDMA
German Machinery Exports Decline in 2024 amid Feeble Demand, VDMA

German mechanical engineering exports declined in line with production in 2024, the VDMA industry association said in a statement on Friday, adding...

French Business Activity Contracts Much more than Expected in Feb, PMI
French Business Activity Contracts Much more than Expected in Feb, PMI

French business activity slumped much more than expected in February, according to a survey published on Friday, as new business and backlogs in...

UK Runs Record January Budget Surplus but Misses Forecasts
UK Runs Record January Budget Surplus but Misses Forecasts

Britain's government ran a record budget surplus of 15.4 billion pounds ($19.5 billion) last month, official figures showed on Friday, but in a...

UK Retail Sales Leap in January, Consumers Defy Weak Outlook
UK Retail Sales Leap in January, Consumers Defy Weak Outlook

British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, according to official data...

UK Job Postings Rise, Easing some Labour Market Gloom
UK Job Postings Rise, Easing some Labour Market Gloom

The number of job postings in the United Kingdom rose for the first time in seven months in January, a survey showed on Friday, suggesting the...

Electric Transport Groups Urge EU not to Ease CO2 Emission Rules
Electric Transport Groups Urge EU not to Ease CO2 Emission Rules

The European Union should reject European automakers' push to weaken 2025 CO2 car emission targets and related fines, two European electric...

RBNZ Chief Economist says Data Consistent with Pick-Up in Economy
RBNZ Chief Economist says Data Consistent with Pick-Up in Economy

High-frequency data is consistent with the central bank's view that New Zealand's economy bottomed out in the middle of 2024 and started to...

India Feb Business Growth at 6-mth High, Fueled by Services and Jobs Surge, PMI
India Feb Business Growth at 6-mth High, Fueled by Services and Jobs Surge, PMI

Growth in India's private sector accelerated at its fastest pace in six months in February due to a surge in services activity that enabled...

February 20, 2025
Swiss January Gold Exports to US Reach Highest for 13 Years
Swiss January Gold Exports to US Reach Highest for 13 Years

Gold exports from Switzerland rose year on year in January as supplies to the United States soared to the highest in at least 13 years and offset...

US Labor Market Stable, Disruptions Feared from Federal Govt Layoffs
US Labor Market Stable, Disruptions Feared from Federal Govt Layoffs

The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained...

Repsol says Trump's Gas Policies will Help Lower Prices
Repsol says Trump's Gas Policies will Help Lower Prices

The chief executive of Spanish oil company Repsol said on Thursday he expected U.S. President Donald Trump's energy policies would have a...

Indonesia Cenbank to Expand Support for Govt's Housing Programme
Indonesia Cenbank to Expand Support for Govt's Housing Programme

Indonesia's central bank will support the government's affordable housing programme through purchases of bonds in the secondary market,...

UK Factories Expect Gentle Pickup over next 3 mths, CBI says
UK Factories Expect Gentle Pickup over next 3 mths, CBI says

British factories expect a modest upturn in output over the next three months despite a weak backdrop due to higher taxes and energy costs and a...

US Companies Swap Dollar Bonds into Euros to Lower Funding Costs
US Companies Swap Dollar Bonds into Euros to Lower Funding Costs

U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of...

Investors Scout for 'Hidden' Defence Plays as Rally Broadens
Investors Scout for 'Hidden' Defence Plays as Rally Broadens

Investors are looking beyond the traditional defence stocks that have emerged as star performers in the European market for cheaper industrial...

Ireland's Top Private landlord says Rent Caps Choke Supply as Gov't Mulls Reform
Ireland's Top Private landlord says Rent Caps Choke Supply as Gov't Mulls Reform

Ireland's policy of capping residential rents to slow runaway housing costs has choked the supply of properties, the country's top private...

Taiwan Jan Export Orders Down for First Time in nearly Year
Taiwan Jan Export Orders Down for First Time in nearly Year

Taiwan's export orders fell for the first time in 11 months in January as demand for technology products softened amid a seasonal slowdown, but...

Swiss Tourism Recovers from Weather and Pandemic Woes to Post Record Figures
Swiss Tourism Recovers from Weather and Pandemic Woes to Post Record Figures

Switzerland's hotel industry had a record 42.8 million overnight stays during 2024, the government said on Thursday, a boost for the...

Iron Ore Gains on Strong China Steel Consumption, Short Covering
Iron Ore Gains on Strong China Steel Consumption, Short Covering

Iron ore futures gained on Thursday as strong steel consumption data from top consumer China boosted sentiment, shifting investor focus to...

Australia Jobless Rate Rises in Jan Even as Employment Booms
Australia Jobless Rate Rises in Jan Even as Employment Booms

Australia's unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on Thursday, a mixed...

February 19, 2025
Italy Working on Alternative to Musk's Starlink, Minister
Italy Working on Alternative to Musk's Starlink, Minister

Italy is aiming to develop its own low-orbit satellites for government communications, its industry minister said on Wednesday, presenting it as an...

Hong Kong Expands Virtual Asset Push with new Licensing, Trading Options
Hong Kong Expands Virtual Asset Push with new Licensing, Trading Options

Hong Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday, as the city races to become...

UK Inflation Jumps by more than Expected to 3.0%
UK Inflation Jumps by more than Expected to 3.0%

British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely to rise further soon, testing the Bank...

Australia Q4 Wages Rise at Slowest Pace in over 2 Years
Australia Q4 Wages Rise at Slowest Pace in over 2 Years

Australian wages rose at the slowest annual pace in more than two years in the fourth quarter even as unemployment stayed near historic lows,...

February 18, 2025
World Bank to Decentralize Operations, Shift Regional VPs to Overseas Hubs
World Bank to Decentralize Operations, Shift Regional VPs to Overseas Hubs

The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from Washington to hub offices...

German Investor Morale Improves ahead of Election
German Investor Morale Improves ahead of Election

German investor morale improved at the fastest rate in two years in February on expectations the economy will pick up under a new government after...

Taiwan Electronics Firms Plan more Texas Investments, Industry Body Says
Taiwan Electronics Firms Plan more Texas Investments, Industry Body Says

Taiwanese electronics companies are planning more investments in the U.S. state of Texas, with announcements possible in May to coincide with...

Hong Kong's Nov 2024-Jan 2025 Unemployment Holds Steady at 3.1%
Hong Kong's Nov 2024-Jan 2025 Unemployment Holds Steady at 3.1%

Hong Kong's seasonally adjusted unemployment rate held steady at 3.1% in the November 2024 to January 2025 period versus the prior three-month...

Poor UK Productivity Recovers Partially in Q4, ONS Data
Poor UK Productivity Recovers Partially in Q4, ONS Data

Productivity in Britain's economy, one of its major weak points, recovered partially in the fourth quarter of 2024 but was down compared with a...

Germany's Residential Building Permits Fall to 2010 Low
Germany's Residential Building Permits Fall to 2010 Low

The number of residential building permits granted in Germany last year fell to its lowest level since 2010, demonstrating the deep crisis of a...

French Consumer Inflation Confirmed at +1.8% y/y in January
French Consumer Inflation Confirmed at +1.8% y/y in January

Consumer prices in France were up 1.8% year-on-year in January, statistics office INSEE said on Tuesday, in line with analysts' expectations...

Nigerian Cocoa Processor Johnvents Receives Investment from Britain to Expand
Nigerian Cocoa Processor Johnvents Receives Investment from Britain to Expand

Johnvents, a Nigerian agribusiness and manufacturing firm, has gained $40.5 million from the UK's development finance institution to more than...

Anglo American to Sell Nickel Business for Up to $500 mln
Anglo American to Sell Nickel Business for Up to $500 mln

Anglo American said on Tuesday it will sell its nickel business to a unit of Hong Kong-listed MMG Ltd for up to $500 million, as a...

Goldman Sachs Raises Gold Forecast Citing Strong Cbank Demand
Goldman Sachs Raises Gold Forecast Citing Strong Cbank Demand

Global banks predict gold prices will stay high in 2025, potentially reaching $3,000 due to geopolitical uncertainty, while Goldman Sachs revised...

Bullish Investors Cut Cash Levels to 15-Year Low, BofA Says
Bullish Investors Cut Cash Levels to 15-Year Low, BofA Says

Bullish investors cut cash levels to 3.5%, the lowest since 2010, as they went long stocks and "short everything else", a survey of...

UK Wage Growth Picked Up more Speed in Q4
UK Wage Growth Picked Up more Speed in Q4

British pay growth accelerated in the last three months of 2024, according to official data published on Tuesday that underscored why the Bank of...

Australia Cenbank Cuts Inflation Forecast, Labour Market Still Tight
Australia Cenbank Cuts Inflation Forecast, Labour Market Still Tight

Australia's central bank expects underlying inflation to fall faster than previously expected as it downgraded the economic outlook, although a...

S.Korea Plans Record $249B Trade Policy Financing to Aid Exporters
S.Korea Plans Record $249B Trade Policy Financing to Aid Exporters

South Korea acting President Choi Sang-mok on Tuesday said the government plans to roll out a record 360 trillion won ($249.3 billion) worth of...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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