The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as an inevitable recession.
This year has, so far, been something of a Jekyll and Hyde market for equities.
Price growth will likely stay higher this year, and the Federal Reserve is poised to continue to hike interest rates.
The consumer price index was expected to increase 0.4% in January from a month ago and 6.2% on an annual basis, according to Dow Jones.
Boeing has been hesitant to ramp up plane production before stabilizing its supply chain.
Median rents in Manhattan hit a record in January, fueled by a strong job market and tight supply.
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.
China’s factory activity bounced back in January and expanded for the first time since September, data from the national bureau of statistics showed.
Lower mortgage rates are giving homebuilders greater confidence in the single-family housing market.
Middle-income Singaporeans could be affected most by Singapore’s GST hike, which is designed to support an increase government social spending.
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