Key TakeawaysGerman Q4 GDP was finalized at 0.3% growth, with internal demand components like private consumption (0.5%) and capital investment (1.0%) significantly outperforming market estimates.Thai stocks surged 1.6% following a rate cut by the Bank of Thailand, as the central bank pledged to maintain an accommodative stance to support economic recovery.German GfK Consumer Confidence for March disappointed at -24.7, missing the consensus estimate of -23.0 and highlighting a growing rift between past grow ...

traditions, culture, and collegiality of the Fed. We believe Powell will cede the spotlight to Kevin Warsh, if he is confirmed by the Senate, and make a graceful exit from the central bank.Conclusion: We Expect Fed to Maintain Credibility; Remain Constructive on Stocks, Underweight Fixed IncomeThe Fed has done enough to maintain a solid economy, in our view, and now it must pause to see if the economic data supports its current monetary policy. As for the political and leadership headwinds, we believe the b ...

Treasuries ticked higher in choppy trading, ending a two-day selloff, amid heightened geopolitical tensions and ongoing concerns about the outlook for inflation. Yields were mixed, with the benchmark 10-year note falling to 4.07% and policy-sensitive two-year note yields marginally rising to 3.47%. Most Read from Bloomberg The market pared steeper losses earlier in the session after President Donald Trump’s comments about negotiations with Iran over its nuclear program, warning that the nation had 10 t ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Economic growth will likely be soft during the first half of this year, held back by gloomy consumer sentiments and weak new orders for manufactured goods, the Conference Board said Thursday. The Leading Economic Index fell 0.2% in December for its fifth straight monthly decline despite strength in equity markets, a rise in building permits for private housing ...

Mark, it's great to have you. And there's, of course, some great anecdotal evidence to be had in Fed minutes, as well as the Fed's Beige Book. And I'm wondering, because it's been a while since we've had a chance to talk with you, how you describe this moment in our economy and how the president should state next week.The state of our union is what. Oh, well, fortunately, I'm not president, Joe. That's a tough one.Well, good luck with that, you know. You know, my sense of the economy is would depends on whi ...

Billionaire Khosla: If 125 Million Are Unemployed By AI They Shouldn’t Pay Taxeshttps://t.co/iAcoC50RjW https://t.co/VShGzB94BH ...

The latest UK labour market data suggests that the jobs market is fragile but stabilizing. However, the rising cost of employing young people is having a predictable effect, with youth unemployment now at its highest level since 2015. https://t.co/m49ADQjC9K ...

Unemployment rises and wage growth eases, and Topshop returns to the high street -- get briefed ahead of your morning calls with The London Rush https://t.co/G8uMYWTbYG ...

UK unemployment rose to a near five-year high and wage growth eased as the labor market continued to weaken https://t.co/jtA4MzFWiB ...

Economic Indicators - The headline month-over-month CPI increased by 0.2%, which is 0.1% lower than expected, while the year-over-year headline CPI is at 2.4%, down 0.3% from last month and 0.1% lower than the forecast of 2.5% [2][3] - Core month-over-month CPI rose by 0.3%, aligning with expectations, and the year-over-year core CPI is at 2.5%, which is 0.1% lower than last month [2][3] Energy Sector Impact - Energy prices decreased by 1.5%, with energy commodities down 3.3% and gasoline prices down 3.2% over the last 12 months, reflecting a 7% drop in gasoline prices [3][4] - Fuel oil prices fell by 5.7%, while new vehicle prices increased by 0.1%, and used cars and trucks saw a decline of 1.8% [3] Transportation and Shelter - Airfares increased by 6.12% in the month, while shelter costs rose by 0.2%, with owner's equivalent rent also up by 0.2% [3][4] - Transportation services contributed positively to the CPI report, increasing by 1.4% [4] Market Reactions - Following the CPI report, the market initially showed a decline of 0.3% in futures but later rebounded to an increase of 0.125% due to softer-than-expected inflation numbers [5] - The 10-year yield decreased to 4.09%, indicating a shift in market sentiment [6] Software Sector Performance - The software sector is experiencing significant pressure, with major companies like Microsoft and Palantir facing challenges [7] - Despite the macroeconomic positivity, the microeconomic outlook for the software sector remains uncertain [9] Upcoming Economic Data - Key economic data expected next week includes durable goods, GDP, and personal income and outlays, which will provide further insights into the economic landscape [11]