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The consumer confidence index of the Netherlands dropped to 15 points in October from 19 points a month earlier, data from the Statistics Netherlands showed. According to finversia.ru, the index has been falling for three months in a row amid a reduction in the Dutch readiness to buy because of falling economic expectations, which have deteriorated to 28 points from 34 points. The indicator of readiness to buy was 6 points, having dropped from 8 points. There is a pessimistic attitude of households regarding their financial situation. According to the Statistics, the growth rate of household spending in August slowed from the two previous months to 2.2% in annual terms.
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 ...
Wall Street recorded a sharp decline on Thursday. This followed after investors fled market-leading technology shares due to mixed earnings reports and pieces of evidence of a worsening virus crisis, increasing the possibility of a sharp ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
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 euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
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