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Germany sees brighter outlook for Europe’s largest economy
The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as Europe’s largest economy manages its energy divorce from Russia and shells out support for consumers and businesses hit by higher energy costs. The 2023 outlook improved to an 0.2% expansion from a 0.4% contraction that was expected in October, when Germany feared it would run out of natural gas used to power factories, generate electricity and heat homes this winter. Warmer-than-usual weather helped, as did a scramble to line up additional supplies of liquefied natural gas, or LNG, that comes by ship ... (full story)
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From @breakingmkts|Jan 25, 2023|1 commenttweet at 3:29pm: BANK OF CANADA GOVERNOR TIFF MACKLEM SAYS 'WE'RE NOT EVEN THINKING ABOUT CUTS' TO INTEREST RATES RIGHT NOW BOC'S MACKLEM: THE QUESTION WE'RE ASKING OURSELVES IS 'HAVE WE DONE ENOUGH? WE'RE PAUSING TO ASSESS WHETHER WE'VE DONE ENOUGH' tweet at 3:30pm: BOC'S MACKLEM: BIGGEST NEAR-TERM ECONOMIC RISK TO CANADA WOULD BE IF RAPID REOPENING OF CHINESE ECONOMY CAUSED GLOBAL COMMODITY AND OIL PRICES TO RISE
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From visualcapitalist.com|Jan 25, 2023Between 2011 and 2020, the number of major gold discoveries fell by 70% relative to 2001-2010. The lack of discoveries, alongside stagnating gold production, has cast a shadow of ...
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From think.ing.com|Jan 25, 2023A 25bp rate hike from the Bank of Canada with a pause declared given expectations of a stalling economy and sharply lower inflation. While suggesting they could hike further if ...
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From calculatedriskblog.com|Jan 25, 2023From WardsAuto: U.S. Light-Vehicle Sales to Rise 5th Straight Month in January; Q1 Forecast for 4% Gain (pay content). Brief excerpt: The bottom line is raw volume is growing, ...
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From youtube.com/bloombergquicktakenow|Jan 25, 2023Following a record series of interest rate hikes that lifted its key interest by 425 basis points within 10 months, the Bank of Canada became the first major central bank to ...
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From fxstreet.com|Jan 25, 2023|2 commentsGold price (XAU/USD) is aiming to test the $1,950.00 resistance for the first time in the past nine months as the US Dollar Index has faced immense pressure. The precious metal ...
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- Posted: Jan 25, 2023 3:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 363
