March 18, 2025
United States:
US Factory Production Rises by Most in a Year on Auto Output
US factory output rose by the most in a year as a surge in motor vehicle production led a broader increase that helps ease concern of weakening in manufacturing.
Manufacturing output, which accounts for three-fourths of total industrial production, jumped 0.9% on a sharp pickup at auto plants, Federal Reserve data showed Tuesday.
Europe:
German Investor Outlook Jumps to Highest Level Since 2022
Investor confidence in Germany’s economy soared by the most in more than two years as the country prepares for hundreds of billions of euros of infrastructure and military investments under its new government.
The ZEW institute’s expectations index rose to 51.6 in March from 26 the previous month – the highest reading since February 2022.
Asia:
BOJ Expected to Hold Rate Steady Amid Concern Over Global Growth
The Bank of Japan is expected to keep its benchmark interest rate unchanged this week as concerns over global economic prospects mount due to escalating trade tensions.
Governor Kazuo Ueda and his fellow board members are set to keep the policy rate at 0.5% at Wednesday’s conclusion of a two-day gathering, according to all 52 economists surveyed by Bloomberg.
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