German IFO Business Climate Index eases to 88.5 in August vs. 86.8 expected
German IFO Business Climate Index came in at 88.5 in August. IFO Current Economic Assessment
IFO’s Economist: A recession in Germany is still on the cards
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
Japanese government maintains view that economy is gradually improving
In its monthly economic report, Japan’s government kept the view that its economy is "moderately
US: Durable Goods Orders virtually unchanged at $273.5 billion in July
US Durable Goods Orders stayed unchanged on a monthly basis in July. US Dollar Index
USD/CAD refreshes daily high, climbs above 1.3000 post-US Durable Goods Orders
USD/CAD regains positive traction on Wednesday and reverses a part of the overnight slide. Rising
UK Preliminary Services PMI drops to 52.5 in August vs. 52.0 expected
UK Manufacturing PMI contracts to 46.0 in August, a big miss. Services PMI in the
China: Economic outlook remains constructive – JP Morgan
Analyts at JP Morgan note that they maintain their constructive outlook on the Chinese economy,
US: S&P Manufacturing PMI drops to 51.3 in August, Composite PMI slumps to 45
S&P Global Composite PMI for the US continued to decline in August. US Dollar Index
S&P Global Market Intelligence: Inflation to moderate in 2023 and 2024
Sara Johnson, Executive Director of Economic Research at S&P Global Market Intelligence, said in a statement on Wednesday,
German exports beyond the EU slump in July – Reuters
Europe’s economic powerhouse, Germany, kicked off the second half of this year on a weak