Interest rates
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United Kingdom
UK economy unexpectedly shrinks in October for second straight month
The figures come as a setback for the new Labour government and its pro-growth agenda. ADVERTISEMENT The UK economy shrank…
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Germany
Weekly Recap: European stocks underperform global peers
Global stock markets are set to end the week on a strong note amid the US election and China’s highly…
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United Kingdom
Bank of England keeps rates at 5%, propels pound to over 2-year highs
The Bank of England held rates at 5%, as largely expected. The pound surged against the dollar and euro, while…
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United Kingdom
Bank of England set to hold rates steady as it eyes stubborn inflation
The Bank of England is set to announce its interest rate decision on Thursday, with market participants widely anticipating the…
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Germany
German inflation rate dips to lowest level in more than three years
The news raises hopes for another rate cut from the European Central Bank, with the policy committee set to meet…
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News
Fed gets green light on rate cuts as US job growth disappoints
Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a government…
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United Kingdom
UK house prices hit two-year high after ‘positive summer’ for market
The August Halifax House Price Index also revealed which parts of the UK are seeing the most growth in house…
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Germany
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany…
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Germany
Why the German government looks set to reduce its stake in Commerzbank
Commerzbank has emerged from financial distress, prompting the state to sell down its €2.5 billion stake. ADVERTISEMENT The German state…
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News
US consumer inflation records smallest annual rise since 2021
WASHINGTON: United States consumer inflation eased slightly in July, according to government data published on Wednesday (Aug 14), its smallest 12-month…
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