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Investor confidence in the eurozone economy reached its highest level in March of the current year. According to the latest Sentix survey conducted among 936 investors, the corresponding index was minus 0.3 points, rising from minus 2.2 points in February. The experts did not expect such a significant increase, they predicted the index at the level of minus 2 points. The indicator, reflecting investors' expectations, rose to the highest value since May 2018, reaching minus 4.3 points versus minus 10.3 points a month earlier. At the same time, the current situation index dropped to the lowest since February 2015, a value of 3.8 points. Its fall has been observed for eight months in a row.
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 ...
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 ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...
The second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
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