Macro in early 2024.
For the EU
• CPI inflation in the EU decreased to 2.9%, lower than expectations of 3% (but increased 2.4% higher than the previous period).
For America.
• Nonfarm Payroll non-agricultural employment index increased to 216k, exceeding expectations of 170k.
• The unemployment index remains at a fairly stable level for the economy at 3.7%.
In general, the macro situation is progressing relatively well as inflation is restrained and continues to decrease while the unemployment index remains stable without a sudden increase. Thus, the FED and central banks can completely stimulate the economy with support packages or interest rate reductions in the future.
