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German Investor Morale Improves in June Though Risks Remain Ahead
Date: June 14, 2022
BERLIN (Reuters) – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory due to numerous risks. The ZEW economic research institute said its economic sentiment index rose to -28.0 points from -34.3 in May. A Reuters poll had pointed to a...
Norway Firms See Growth Slowing in Next Six Months, Survey Says
Date: June 14, 2022
OSLO (Reuters) – Norwegian companies expect economic growth to slow in the coming six months, a central bank survey showed on Tuesday, driven by high inflation, capacity constraints and expected higher interest rates dampening demand. “Constraints have become increasingly widespread across all sectors in the course of spring, except retail trade where somewhat more enterprises...
Nearly Half of Japan Firms See Weak Yen as Bad for Business – Survey
Date: June 14, 2022
TOKYO (Reuters) – Nearly half of Japanese companies see the weak yen as bad for their business, a private survey showed on Tuesday, suggesting the currency’s recent sharp decline is hurting business sentiment and clouding the economic outlook. The yen’s decline to a 24-year low against the dollar is inflating the cost of raw material...
China Set to Keep Medium-Term Rate Unchanged on Wednesday, Poll Shows
Date: June 14, 2022
SHANGHAI (Reuters) – China’s central bank is expected to keep unchanged for a fifth straight month on Wednesday the borrowing costs on its medium-term policy loans, a Reuters survey of 31 traders and analysts showed. That expectation, held by 30 of the respondents, or nearly 97%, comes despite a pledge by policymakers to step up...
How Are Businesses Handling the Cost-Of-Living Crisis?
Date: June 13, 2022
By Atul Bhakta, CEO of One World Express It requires a considerable cache of optimism – and good fortune – to say the last few years have seen favourable conditions for businesses. This is particularly true for those in the UK, guarding against the uncertainty of Brexit negotiations, then dealing with its reverberations after implementation, before...
Euro Zone to Avoid Recession, Growth to Accelerate in Q3 – ECB Survey
Date: June 13, 2022
FRANKFURT (Reuters) – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed on Monday. The 19-country currency bloc has been hit by fallout from Russia’s invasion of Ukraine, which has sapped confidence, investment and households’ purchasing...