MCE

Markets

Eurozone economy grows unexpectedly in Q4, but a weak 2023 looms

GDP grows by 0.1% in the 4th quarter Growth in 2023 is expected to be weak Inflation, energy prices put…

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Markets

The downturn in US business activity is easing slightly; the eurozone back to growth

US business activity better than expected but remains soft The Eurozone surprisingly returns to modest growth UK PMI falls at…

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Technology

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs as it faces “a different economic…

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Economy

Unions call for more strikes over Macron’s pension reform

Police fire tear gas on the outskirts of the Paris protest The government wants to raise the retirement age by…

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Markets

Stocks fall, returns rise; concerns about the economic slowdown are increasing

Wall Street stocks end down Dollar down vs. Yen Oil prices are rising NEW YORK, Jan 19 (Reuters) – World…

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Markets

BOJ defies market bets for policy adjustments, sending yen tumbling

The BOJ keeps the interest rate targets, the yield band intact BOJ increases market operation tool, signals status quo on…

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Economy

China’s economic growth in 2022 is one of the worst ever, post-pandemic policies are being tested

China’s Q4 GDP growth slows; 2022 growth one of the worst ever GDP in 2022 grows 3.0%, well below the…

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Markets

US inflation cools as consumer prices fall; labor market still tight

Consumer prices fall 0.1% in December CPI up 6.5% year-on-year Core CPI rises 0.3%; an increase of 5.7% year-on-year Weekly…

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Economy

Wall Street ends significantly higher on optimism ahead of key inflation report

CPI report is due Thursday before the clock Bed, Bath & Beyond extends recent gains Indexes: Dow up 0.8%, S&P…

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Economy

Morning message: Glancing through another shock

A look at the day ahead in US and global markets from Mike Dolan. Brazil’s political weekend shock remind world…

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