German Government Advisers cut 2022 growth forecast to 2.7% vs 3.1% previous
In their latest projections, the German government economic advisers cut the 2021 growth forecast to
China: Energy shortages, zero-COVID policy create considerable uncertainty – Goldman Sachs
In the view of the analysts at Goldman Sachs, China's energy shortages and zero-COVID policy pose a
US inflation is transitory, to peak in February – Citibank
Analysts at Citi Group believe that the US inflation is transitory and is likely to
USD/IDR Price News: Rupiah sits at six-day highs of 14,220 despite weak Indonesian Retail Sales
Indonesia's Retail Sales declined 2.2% on the year in September vs. a 2.1% drop seen in
German Industrial Production unexpectedly drops by 1.1% MoM in September
Industrial Production in Germany showed an unexpected decline in September, the official data showed on
EU: Retail Sales in euro area decline by 0.3% in September vs. +0.2% expected
Retail Sales in the euro area edged lower in September. EUR/USD continues to push lower
Canada: Unemployment Rate declines to 6.7% in October, employment rises by 31.2K
Unemployment Rate in Canada continued to decline in October. USD/CAD erases earlier gains, trades around
German Factory Orders rebound 1.3% MoM in September; miss estimates
German Factory Orders rebounded 1.3% MoM in September, a miss. On a yearly basis, Germany’s
US: Unit Labor Costs surge by 8.3% in Q3 vs. 5.2% expected
Unit Labor Costs in US rose sharply in third quarter. US Dollar Index continues to
US: Weekly Initial Jobless Claims decline to 269K vs. 277K expected
Weekly Initial Jobless Claims in US declined by 14,000. US Dollar Index clings to gains