Quickly informed:
The price of oil rose significantly last week, presumably due to new US sanctions against Russia. Rising energy prices, but also the strong December job growth in the USA, are increasing inflationary pressure – which means that the prospect of rapidly falling interest rates in the United States is also dwindling. The current week brings the US inflation numbers for December. The focus is also on the German gross domestic product for the full year 2024 as well as economic data from China, including industrial production and retail sales.
The economic overview with current assessments, short and concise – only here Hellmeyer of the week.
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