World Is Facing Dangers From Trade to Debt, OECD Warns (04.12.2024)
The global economy faces proliferating risks ranging from trade tensions to wars and debt troubles that could threaten its “remarkable resilience” of past years, the OECD said.
Fed’s Daly Says December Aside, Rates Should Continue Falling (03.12.2024)
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this month isn’t certain but remains on the table for policymakers.
Gallium, Germanium und Antimon: China verbietet den Export wichtiger Mineralien in die USA (03.12.2024)
Der Handelsstreit zwischen Peking und Washington spitzt sich zu. China lässt die Ausfuhr von Gallium, Germanium und Antimon in die USA nicht mehr zu. Man verwendet die Materialien für Mikrochips oder Glasfaserkabel.
ECB’s Data-Dependent, Gradual Approach Still Appropriate, Kazaks Says (03.12.2024)
The European Central Bank’s data-dependent and gradual approach to setting monetary policy remains appropriate, Governing Council member Martins Kazaks says in presentation for online event.
US Company Sentiment Jumps On Trump Presidency, Pro-Business Rules (03.12.2024)
Surveys since Donald Trump’s election victory show American companies are growing more upbeat about their prospects in anticipation of more pro-business policies and less regulatory burden.
PBOC Chief Pan Signals Support for China's Economy in 2025 (03.12.2024)
China’s central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh challenges from a looming trade war with the US during Donald Trump’s second term.
Fed’s Williams Says More Rate Cuts Likely Needed ‘Over Time’ (03.12.2024)
Federal Reserve Bank of New York President John Williams said officials will likely need to lower rates further to move policy to a neutral stance now that risks to inflation and employment have become more balanced.
China's Top Leaders to Meet to Discuss Stimulus Plans, Economic Targets for 2025 (03.12.2024)
China’s top leaders plan to start the annual closed-door Central Economic Work Conference next Wednesday to map out economic targets and stimulus plans for 2025, according to people familiar with the matter.
Nächster Rückschlag: UNO-Klimakonferenzen unter Zugzwang (03.12.2024)
Zu Beginn der Woche hat es bei einer UNO-Konferenz zu Umwelt und Klima erneut einen Rückschlag gegeben – wieder einmal aufgrund einer Blockade von Saudi-Arabien. Die Konferenzen geraten zunehmend unter Zugzwang. Doch ob die nächste, die ausgerechnet in Riad stattfindet, einen Erfolg bringen kann, bleibt fraglich, nicht zuletzt das Einstimmigkeitsprinzip hat sich bisher als unüberwindliche Hürde erwiesen.
KIM-Verordnung: Strenge Wohnkreditregeln laufen aus (02.12.2024)
Die KIM-VO (Kreditinstitute-Immobilienfinanzierungsmaßnahmen-Verordnung), die strenge Regeln für die Vergabe von Wohnkrediten vorgegeben hat, wird im kommenden Jahr auslaufen. Auf Basis der aktuellen Situation sieht das Finanzmarktstabilitätsgremium (FMSG) bei der Wohnkreditvergabe keine systemischen Risiken für den Bankensektor.
Trump Demands ‘Commitment’ From BRICS Nations on Using US Dollar (02.12.2024)
US President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency as an alternative to using the US dollar and repeated threats to levy a 100% tariff.
US Tightens Curbs on China’s Access to AI Memory and Chips Tools (02.12.2024)
The Biden administration unveiled new restrictions on China’s access to vital components for chips and AI, escalating a campaign to contain Beijing’s technological ambitions.
384.000 ohne Job: Krise in Industrie belastet Arbeitsmarkt (02.12.2024)
Die weltweite Konjunkturflaute und die schwache Nachfrage setzen der Industrie und dem Arbeitsmarkt weiter zu. Ende November waren rund 384.000 Personen beim Arbeitsmarktservice (AMS) arbeitslos oder in Schulung gemeldet, im Vergleich zum Vorjahresmonat entspricht das einem Plus von gut 31.400 Personen bzw. einem Zuwachs von 8,9 Prozent.
China Private Factory Gauge Shows Economy Stabilized After Stimulus (02.12.2024)
China’s manufacturing activity expanded for a second straight month, according to a private survey, a further sign of stabilization after Beijing unleashed a stimulus package to shore up the economy.
Germany’s Top Diplomat Bashes China’s Weapon Supplies to Russia (01.12.2024)
German foreign minister Annalena Baerbock accused China of providing Russia with weapons for its war of aggression against Ukraine and threatening peace in Europe ahead of a potentially thorny visit to Beijing.
Trump’s tariffs could go in many different directions. Understanding the strategy from his first term, and the priorities of his new team, reveals a potential path ahead.
US Job Growth Due to Bounce Back After Storms, Strike: Eco Week (30.11.2024)
US hiring probably jumped in November after hurricanes and a major strike undercut job growth a month earlier, consistent with a labor market that’s healthy yet gradually cooling.
Stimulus Bets Drive Chinese Stocks Higher Before Key Meeting (29.11.2024)
Chinese stocks rallied for the second time this week with traders pointing to expectations for greater economic support at a key policy meeting in December.
China Air Cargo Flights Soar as Trump Return, Tariffs Loom (29.11.2024)
The race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation increasing to new records in the weeks since Donald Trump won the US election.
Euro Caps Worst Month in Over a Year as Growth Outlook Worsens (29.11.2024)
The euro is on track to cap its worst month in over a year, blighted by the prospect that US trade tariffs will hit the region’s already battered economy.
ECB Says Consumer Inflation Expectations Edged Up in October (29.11.2024)
Inflation expectations of consumers in the euro area edged higher in October, according to the European Central Bank — supporting policymakers arguing in favor of a cautious approach to lowering interest rates.
ECB May Need Rates at Stimulative Levels, Villeroy Says (28.11.2024)
The European Central Bank doesn’t need to constrain the economy any longer and may even have to take interest rates to levels that promote growth, according to Governing Council member Francois Villeroy de Galhau.
Core PCE Index: Fed’s Favorite Inflation Gauge Picks Up, in Line With Forecasts (27.11.2024)
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.