The Norwegian krone appreciated markedly against the euro in recent weeks, reaching its strongest level since October 2018. On 25...
Latest Global Economic News
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Norway: Norwegian krone bolstered to over three-year high by strong oil prices -
Turkey: Business confidence remains upbeat in March The Real Sector Confidence Index eased to 108.5 in March from 109.8 in February, likely weighed down by the Russian... -
United Kingdom: Consumer confidence records worst reading since November 2020 in March Consumer confidence came in at minus 31.0 in March, down from February’s minus 26.0 and marking the fourth consecutive monthly... -
Mexico: Economic activity growth moderates in January The monthly indicator for economic activity (IGAE) grew 0.4% month-on-month in seasonally-adjusted terms in January (December: +0.9% mom). January’s downturn... -
Germany: Business sentiment nosedives in March Business sentiment soured markedly at the close of the first quarter due to the Russian invasion of Ukraine: The ifo... -
Italy: Business confidence deteriorates in March Business confidence fell to 105.4 in March from February’s 107.9. March’s fall was driven by a weakening in sentiment in... -
Italy: Consumer confidence drops to over one-year low in March Consumer confidence fell to 100.8 in March from February’s 112.4. March’s result marked the worst reading since January 2021. The... -
Japan: Japanese yen tumbles to near seven-year low against the U.S. dollar The Japanese yen fell sharply in recent weeks, hitting a near seven-year low of 122.0 per USD at the close... -
South Africa: SARB meets expectations and delivers third consecutive rate hike in March At its 24 March meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) voted to increase the... -
Mexico: Banxico delivers seventh consecutive rate hike in March On 24 March, the Governing Board of the Bank of Mexico (Banxico) opted to raise the target for the overnight...