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About: josephine

Recent Posts by josephine

US EIA crude inventories increased by 6.926M barrels, exceeding forecasts of 0.5M in March 20

US EIA reported crude oil inventories rose 6.926M on March 20, far above the 0.5M forecast.

Commerzbank’s chief economist says March’s steep Ifo fall reflects mounting war risks, not present economic harm

German Ifo index fell in March as war risks rose; Commerzbank warns prolonged Hormuz closure could cut growth.

In the fourth quarter, the US current account beat forecasts, posting minus 190.7 billion versus minus 211 billion forecast

US Q4 current account deficit was $190.7B, smaller than expected $211B, reflecting improved external flows overall.

Germany’s IFO Current Assessment rose to 86.7, surpassing the 86 forecast, reported for March figures

Germany’s Ifo current assessment index rose to 86.7 in March, beating forecasts by 0.7 points.

Switzerland’s ZEW expectations index dropped sharply, falling from 9.8 previously to -35 in March

Switzerland’s ZEW expectations index fell sharply in March, sliding from 9.8 to -35, signaling weaker outlook.

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