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In April, the consumer confidence index in the US fell to 97.8 points from 101.4 points in March, according to preliminary data from the University of Michigan. The March value of the index was the maximum for 14 years. Experts had expected a less significant decrease in the indicator - up to 101 points. The attitude of Americans to the financial situation deteriorated to 115 points from 121.2 points. The indicator of consumer expectations for the next six months dropped to 86.8 points from 88.8 points a month earlier. The forecast of the survey participants for the coming year decreased to 2.7% from 2.8%, for many tomorrows - to 2.4% from 2.5%.
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 ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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 ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
China saw its factory gate data for June perform better than expected on Thursday morning. However, persistent deflation indicated that the impact from the COVID-19 pandemic still continues to linger. The data, released by the National Bureau ...
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