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The UK consumer confidence index for the country's economy in February was minus 13 points, having increased from January to minus 14 points, GfK NOP reported. The negative value of the index has been observed for 38 months in a row. The British did not change the assessment of their own financial situation over the past year, leaving it at zero. Their expectations for the next 12 months also retained the January value of 1 point. The indicator, which determines the attitude of consumers to the economic situation in the country over the past year, amounted to minus 33 points, having increased by 2 points. The British willingness to spend money on purchases rose by 3 points to 5 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 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 ...
Gold prices were down slightly on Wednesday in Asia, losing gains made in a previous session. However, the safe haven asset’s losses remained limited as COVID-19 worries mounted on top of worsening U.S.-China relations. Gold futures ...
Japanese manufacturers’ confidence dropped in the second quarter to levels not monitored since the global financial crisis of 2009. This highlighted the damage that the novel coronavirus crisis inflicted on the export-dependent economy. The ...
Japan retail sales fell a double-digit pace for the second month in May as the coronavirus pandemic heavily affected consumer confidence and hopes for economic recovery. Retail sales dropped 12.3% in May year-on-year as the downturn in demand ...
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