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The investor confidence index in the eurozone in November was 8.8 points, having decreased compared to the October value of 11.4 points, the results of the Sentix survey, which was attended by 991 investors, showed. The November figure was the lowest since October 2016 and was below the experts' forecast of 10.1 points. The decline in the index has been observed for three months in a row. The indicator, which indicates the current economic condition, dropped to a minimum since April 2017, a value of 29.3 points. In the previous month it was at the level of 33 points. Economic expectations fell to minus 9.8 points from minus 8.3 points.
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 ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
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 ...
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 ...
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