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The aggregate index of business and consumer confidence in the eurozone in February pointed to a deterioration in confidence in the region for the 10th month in a row and was the lowest since November 2016. According to the European Commission, the index value in February fell to 106.1 points from 106.3 points in January. The main negative factors affecting the dynamics of the indicator were the problems associated with the rules introduced last year for testing cars, weakening demand for export goods, as well as the upcoming Brexit, protest movements in France and the expected increase in debt burden in Italy. Economic sentiment in the countries of the European Union also deteriorated significantly due to the uncertainty surrounding the exit of the UK from the EU.
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 ...
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 ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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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