Category: Economy

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Chinese Easing, Europe Data Shocks, Palo Alto Earnings – What’s Moving Markets

Chinese Easing, Europe Data Shocks, Palo Alto Earnings – What’s Moving Markets

A modest bit of monetary easing in China triggers a short-covering bounce in the U.S., but stocks are still on course for their lowest weekly close si [...]
Tunisia’s current account deficit to widen to 10% of gdp in 2022

Tunisia’s current account deficit to widen to 10% of gdp in 2022

Tunisia's current account deficit is expected to widen to around 10% of GDP in 2022, against 6.8% initially forecast, the central bank governor said o [...]
Dow Futures Down 320 Pts; Economic Slowdown Fears Weigh

Dow Futures Down 320 Pts; Economic Slowdown Fears Weigh

U.S. stocks are seen opening lower Thursday, continuing the previous session’s broad selloff as evidence of reduced consumer spending in the face of s [...]
ECB accounts show debate over speed of policy tightening

ECB accounts show debate over speed of policy tightening

European Central Bank policymakers expressed widespread concern about the spread of inflation and the only major debate appears to be just how fast an [...]
UK house price growth slows in March – ONS

UK house price growth slows in March – ONS

British house prices in March were 9.8% higher than a year earlier, down from 11.3% in February, the Office for National Statistics said on Wednesday. [...]
EU offers 9 billion euro loan to Ukraine, prepares reconstruction -Commission

EU offers 9 billion euro loan to Ukraine, prepares reconstruction -Commission

The European Commission proposed on Wednesday a 9 billion euro ($9.5 billion) loan to Ukraine to keep the country going as it struggles to fend off th [...]
Portugal’s central bank opens its vaults for rare glimpse of gold bars

Portugal’s central bank opens its vaults for rare glimpse of gold bars

Portugal's central bank has opened up its heavily guarded vaults in a small commuter town near Lisbon, giving a rare glimpse of where some of the coun [...]
Analysis-More pain in Sri Lanka before any resolution to crisis

Analysis-More pain in Sri Lanka before any resolution to crisis

Running out of petrol, medicines and foreign reserves, once-booming Sri Lanka is in a mess. And the measures needed to pull its economy out of the unp [...]
Euro and sterling cling onto overnight gains

Euro and sterling cling onto overnight gains

The pound and euro on Wednesday held onto most of their gains from the previous day as hopes of easing lockdowns in China and rising retail sales in t [...]
EU to offer Ukraine new loans to plug immediate needs

EU to offer Ukraine new loans to plug immediate needs

The European Commission is set to propose on Wednesday a new package of financial aid to Ukraine including new loans to provide immediate liquidity to [...]
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