World Bank’s Reinhart: Global economy passing through a period of “exceptional uncertainty”
World Bank Chief Economist Carmen Reinhart said on Tuesday, further downgrades to the growth outlook
China’s GDP expands 4.8% YoY in Q1 2022 vs. 4.4% expected, AUD/USD uninspired
China's annualized GDP figures for the first quarter of 2022 arrived at % vs. 4.4% expected and 4.0%
China’s NBS: Economic operations still within reasonable range in Q1
Following the release of the March activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
USD/CAD rebounds swiftly from over one-week low, eyes 1.2600 mark amid stronger USD
USD/CAD staged a goodish intraday bounce from over a one-week low set earlier this Thursday.
Germany’s ZEW: Prospect of stagflation over the next six months remains
Commenting on the latest ZEW Survey for Germany, "experts are pessimistic about the current economic
Eurozone Retail Sales rose by 5% YoY in February vs. 4.8% expected
Eurozone Retail Sales rose by 0.3% MoM in February vs. 0.6% expected. Retail Sales in
German Industrial Production rises by 0.2% MoM in February, beats estimates
Industrial Production in Germany rose more than expected in February, the official data showed on
China’s Caixin Services PMI unexpectedly slumps to 42.0 in March
China's Caixin services PMI for March came in at 42.0 vs. 53.0 expected and 50.2 last, showing that
German Factory Orders miss estimates with -2.2% MoM in February
German Factory Orders dropped by 2.2% MoM in February. German Retail Sales arrived at 2.9%
ADB sees softer economic outlook for Asia in 2022 on coronavirus resurgence
In its latest Asian Development Outlook report on Wednesday, the Asian Development Bank (ADB) revised down its 2022