In May this year, the index of investors 'and analysts' expectations for Germany's economy for the next six months amounted to minus 8.2 points, maintaining the level of April, data of the ZEW research institute showed. The May value of the index coincided with the forecasts of analysts. At the same time, the index of the ratio of investors and analysts to the current situation in the economy fell from 87.9 points to 87.4 points, while analysts had expected the index to drop to 85.5 points. ZEW President, Achim Wambach, noted the uncertainty caused by the US withdrawal from the agreement with Iran and fears about the global trade war.
The outlook for India’s struggling economy has darkened further on weak business activities and surging virus cases. This will likely prompt the Reserve Bank of India to lower interest rates again, a Reuters survey showed. According ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
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 ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...