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In July 2018, the consolidated business and consumer confidence index in the euro area economy fell to the lowest since August 2017, to the value of 112.1 points from 112.3 points in June, the European Commission reported. Analysts had predicted an even greater decline - up to 112 points. In the euro area, the drop in the index has been observed for 7 months in a row on the back of continuing trade disputes. The indicator of consumer confidence in July kept the minimum value for 8 months at minus 0.6 points. The business climate index fell to 1.29 points from 1.38 points, while analysts had predicted 1.35 points. The confidence index among industrial enterprises dropped to 5.8 points from 6.9 points. At the same time, in the service sector, the confidence index rose to a maximum of 15.3 points in March from 14.4 points in the previous month.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
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