Tim Moore, economic director of S&P Global Market Intelligence, commented on the UK services PMI
The weakening momentum shown by service providers in July suggested the UK economy was at best flat in the coming ...
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UK Property Prices Witness Ongoing Decline, Marking Largest Year-on-Year Drop Since 2009
The slump in UK house prices has deepened after a sharp rise in borrowing costs and the prospect of worse ...
Euro Zone Manufacturing Activity Registers Swiftest Contraction Since COVID-19 Outbreak in July
Manufacturing activity in the euro zone contracted at the fastest pace since the outbreak of the coronavirus in July as ...
UK Industrial Output Records Steepest 7-Month Decline, Alleviating Cost Pressures
U.K. industrial output shrank at the fastest pace in seven months in July, hit by rising interest rates and a ...
Where Can I Exchange Old Swiss Francs: A Guide to Currency Exchange
Switzerland's currency, the Swiss franc (CHF), is renowned for its stability and strength. However, if you find yourself in possession ...
Why Does Ukraine Want to Join the European Union: Aspirations ＆ Motivations
Ukraine, a country with a rich history and a strategic location at the crossroads of Europe and Asia, has expressed ...
Why Is the Swiss Franc So Strong: A Comprehensive Analysis
The Swiss franc, denoted by CHF (ISO code), is renowned for its strength and stability on the global stage. For ...
Reveal! The Impact of a Federal Reserve Rate Increase on the U.S. Dollar
The Federal Reserve (the Fed) plays a crucial role in shaping the U.S. economy through its monetary policy decisions, particularly ...
Why Poland Continues to Opt Out of the Euro: An In-depth Analysis
The European Union (EU) has been home to a common currency, the euro, since its introduction in 1999. However, Poland, ...
UK Mortgage Defaults Surge as Rates Rise
British lenders are witnessing a significant increase in the number of home mortgage defaults, the biggest increase since 2009, according ...
German Economic Institute: The Outlook for German Companies is Cloudy
German business sentiment deteriorated again this summer, according to a survey by the German Institute for Economic Research (IW). More ...
RBA’s Lowe: More Policy Tightening Likely
Reserve Bank of Australia Governor Philip Lowe said today that despite keeping interest rates unchanged at the last meeting, it ...
FED Williams: Supply and Demand are Becoming More Balanced, the Unemployment Rate may Rise to about 4% by the End of the Year
Gold Ten Data, July 11, the Federal Reserve Williams said that when there is a labor shortage in 2021 and ...
Inflationary Pressures on UK Job Market Expected to Ease as Health Crisis Eases
The number of people unable to enter the UK job market due to long-term illness has fallen for the first ...
Why is USD Used Worldwide?
The United States dollar (USD) is the most widely used currency in the world, and its dominance can be attributed ...
NBF: Euro to Weaken as ECB Policy Expectations Evolve and Dollar Appreciates on Safe-haven Demand
Economists at NBF said the euro made some progress last month, gaining 2 cents. EUR/USD has since stabilized at levels ...
ECBank Vice President: The ECB Will Decide the Interest Rate Level Based on the Data
ECB Vice President Guindos: So far, our unprecedented policy rate hikes have passed through to tighter funding conditions and we ...
RMB Exchange Rate Fluctuates Sharply, and the Market Calls for Rich Derivatives Instruments
In recent days, the exchange rate of RMB has fluctuated greatly. The exchange rate of offshore RMB against the US ...
China Securities Investment: Monetary Policy Remains Stable, but it Also “Increases Counter-cyclical Adjustments”
The China Securities Research Report pointed out that the monetary policy remains stable, but it also "increases counter-cyclical adjustments." The ...
ING: The Total Supply of Government Bonds in the Euro Area is Expected to Fall in July
ING rates strategists expect total euro zone government bond issuance to fall to less than 100 billion euros in July ...
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UBS Close to Settling U.S. Tax Evasion Violations Linked to Credit Suisse
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