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Top StoriesFactories Deliver Mixed Performance Globally in January
Top StoriesDollar Mixed in Tight Trading Range Before Fed Statement
Top StoriesIMF Says Global ‘soft Landing’ in Sight, Lifts 2024 Growth Outlook
Top StoriesEuro Zone Economy Lags Global Growth as Germany Struggles
Euro Zone Inflation Falling Quicker Than Thought, Data Show
Date: January 26, 2024
Euro zone inflation falling quicker than thought, data show By Balazs Koranyi (Reuters) -Euro zone inflation could fall faster than expected this year as economic growth will remain anaemic, a raft of surveys and indicators showed on Friday, bolstering bets for an early start to European Central Bank interest rate cuts. The ECB kept interest...
Stocks Climb on Positive Earnings, Economic Data; Yields Dip
Date: January 24, 2024
Stocks climb on positive earnings, economic data; yields dip By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -Global shares rose on Wednesday, fuelled by positive earnings, improving manufacturing data in Europe and the United States and optimism that China will support to its stock markets. U.S. Treasury yields fell as investors awaited the first...
Italy Plans to Sell up to 13% Stake in Poste Italiane – Ministry
Date: January 23, 2024
Italy plans to sell up to 13% stake in Poste Italiane – ministry By Giuseppe Fonte ROME (Reuters) -Italy plans to sell a stake of up to 13% in postal service group Poste Italiane, its industry ministry told parliament on Tuesday. The stake sale is part of government plans to raise roughly 20 billion euros...
German Economy Dodges Recession Despite Shrinking 0.3% in 2023
Date: January 15, 2024
German economy dodges recession despite shrinking 0.3% in 2023 By Maria Martinez BERLIN (Reuters) -The German economy contracted in 2023, due to persistent inflation, high energy prices and weak foreign demand, but it avoided a recession at the end of the year. Gross domestic product (GDP) shrank by 0.3% over the full-year 2023, the Federal...
Euro Zone Economy Bottoming Out, but Outlook Weak, ECB Policymakers Say
Date: January 10, 2024
Euro zone economy bottoming out, but outlook weak, ECB policymakers say FRANKFURT (Reuters) -The euro zone may have been in recession last quarter and prospects in the near term remain weak, European Central Bank policymakers said on Wednesday as they reaffirmed the bank’s policy stance. Euro zone growth has been hovering on either size of...
German Industrial Output Drops Unexpectedly in November
Date: January 9, 2024
German industrial output drops unexpectedly in November By Maria Martinez (Reuters) -German industrial production unexpectedly fell in November, the federal statistics office said on Tuesday, marking the sixth monthly decline in a row. Industrial production decreased in November by 0.7% compared to the previous month. Analysts polled by Reuters had predicted a 0.2% rise. “The...