Global Economy
UK CPI Rises by 2% in June, Meeting Bank of England’s Target
The Consumer Prices Index (CPI) of the United Kingdom increased by 2% in the 12 months to June, according to...
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Chinese Economic Growth Slows to 4.7% in Q2 2024, Falling Short of Expectations
China's economic growth has slowed significantly, with the National Bureau of Statistics (NBS) reporting a year-on-year increase of +4.7% in...
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Global Stock Markets Mostly Higher Amid Signs of Slowing Inflation and Dovish Fed Comments
Global stock markets were mostly higher this week, driven by signs of slowing inflation, a cooling labor market, and dovish...
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US Job Growth Slows in June as Unemployment Rises to 32-Month High
According to the United States Bureau of Labor Statistics, total non-farm payroll employment in the US increased by 206,000 jobs...
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Eurozone Inflation Eases Slightly in June, Services Costs Remain High
Eurostat's latest data reveal that consumer prices in the Eurozone eased by 10 basis points to 2.5% year-on-year in June,...
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European Stock Futures Set for Gains Following US Inflation Data
European stock futures are poised for mild gains at the open, continuing a rally in Asia after US inflation data...
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Global Equities Poised for Record Highs Amid Tech-Led Rally, Investors Await US Inflation Data
Global equities are on track to reach fresh record highs following a significant tech-led rally in US markets, with investors...
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Eurozone Inflation Holds Steady in April, Fueling Expectations of ECB Policy Easing
In April, consumer prices in the Euro area remained unchanged, signaling a slowdown in inflationary pressures within the region. Data...
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US Federal Reserve Keeps Interest Rates Steady, Reduces Monthly Treasury Securities Redemption Cap
The Federal Open Market Committee (FOMC) has maintained the target range for the federal funds rate at 5.25% - 5.50%,...
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HSBC chief executive unexpectedly steps down
HSBC's group chief executive Noel Quinn is unexpectedly retiring after nearly five years in the role. Europe's largest bank says...
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