About: anakin
Recent Posts by anakin
The Empire manufacturing index for March fell sharply, indicating contraction and reduced optimism in business activity
Empire manufacturing index contracted to -20.0, new orders fell, prices paid rose, employment declined, and future outlook weakened.
US retail sales in February rose 0.2%, falling short of the 0.6% forecast and revised figures
February US retail sales rose 0.2%, missing forecasts. Declining restaurant sales signal cautious consumer spending amid economic shifts.
In European trading, West Texas Intermediate futures reach a new weekly peak around $68.00 rising
Oil prices rise to $68 as China’s stimulus boosts demand; market watches U.S.-Russia talks and Fed decision.
Canadian housing starts in February totalled 229K, below expectations, amid worrying trends in Ontario sales
Canada’s February housing starts fell to 229,000, with home sales dropping 9.8%, potentially impacting prices.
Improved economic data for January-February in China faces three major structural constraints on consumption
China’s plan boosts consumption, but low incomes, high savings, and rising debt hinder domestic economic transition.
