Snapshot

Economy

Macro Snapshot — Egypt’s unemployment rate dips to 7.2%; US economic outlook weakens

Follow-ups -eshrag News: RIYADH: Egypt’s unemployment rate dropped to 7.2 percent in the first quarter, down from 7.4 percent in…

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Economy

Macro Snapshot — Foreign investment in Tunisia up 73% in Q1; Mexican inflation seen at 21-year high

Follow-ups -eshrag News: RIYADH:  Foreign investments in Tunisia rose by 73 percent in the first three months of 2022 compared…

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Economy

Macro Snapshot — Bank of England raises rates after US increase; China’s services activity falls sharply 

Follow-ups -eshrag News: RIYADH: The central banks of the UK and Brazil have raised their rates by a full percentage…

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Economy

Macro Snapshot —Fed expected to fight inflation with rate hike; French services sees strong growth

Follow-ups -eshrag News: RIYADH: The US Federal Reserve is expected to raise interest rates as it combats inflation levels, while …

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Economy

Macro Snapshot — South Korea inflation hits over 13-yr high; German unemployment sinks as pandemic measures ease

Follow-ups -eshrag News: RIYADH: While Fitch cut China’s 2022 gross domestic product forecast to 4.3 percent from 4.8 percent, South…

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Economy

Macro Snapshot — US sees rising mortgages rates; China may lower lending rates

Follow-ups -eshrag News: RIYADH: US single-family homebuilding tumbled in March as soaring mortgage rates increased costs, but residential construction remains…

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Economy

Macro Snapshot — China economy to remain in recovery; Morocco GDP growth lower than forecast

Follow-ups -eshrag News: RIYADH: Morocco gross domestic product’s growth is seen lower than previous predictions, China’s economy slowed in March,…

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Economy

China data to show sharp March deterioration as COVID bites; Turkish house sales rise — Macro Snapshot

Follow-ups -eshrag News: China data to show sharp March deterioration as COVID bites; Turkish house sales rise — Macro Snapshot…

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Economy

UK growth stutters in February; Malaysia’s February industrial production rises — Macro Snapshot

Follow-ups -eshrag News: RIYADH: Britain’s economy slowed more sharply than expected in February, reflecting a hit to car production from…

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Economy

Russian inflation accelerates to its highest since 1999; Chile inflation hits almost 30-year high — Macro Snapshot

Follow-ups -eshrag News: Saudi stocks closed slightly higher on Sunday, with gains registered by several major companies, including AMAK, and ACWA…

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