By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -Europe’s STOXX 600 rose on Thursday and Germany’s DAX closed at a record high, led by tech stocks, after softer inflation data lifte[...]
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Articles
Russian central bank says new rate hike in September is not a certainty
By Gleb Bryanski MOSCOW (Reuters) -Another key interest rate hike in September is not a certainty, as economic growth and lending are slowing down, a senior central bank official said on Thursday in t[...]
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US pending home sales tumble to record low in July
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes dropped to a record low in July as higher prices and borrowing costs drove potential buyers from the market. The National Asso[...]
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US second-quarter economic growth revised higher on consumer spending
WASHINGTON (Reuters) – The U.S. economy grew faster than initially thought in the second quarter amid strong consumer spending, while corporate profits rebounded, which should help to sustain th[...]
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Egypt central bank expands lending to government, but inflation slows
By Patrick Werr CAIRO (Reuters) – Lending to the government by Egypt’s central bank continued to climb in the last fiscal year, according to the central bank’s newly released annual[...]
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Morning Bid: Nvidia ‘beats’ as expected, but fallout limited
A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations – which has become “expected” – and the stock retreated about 5%. Th[...]
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Inflation down in six German states, pointing to national decline
By Maria Martinez BERLIN (Reuters) -Inflation fell in six important German states in August due to lower energy prices, preliminary data showed on Thursday, suggesting Germany’s national inflati[...]
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Japan raises economic assessment for first time in 15 months
By Satoshi Sugiyama TOKYO (Reuters) – The Japanese government has upgraded its economic assessment for the first time in more than a year on signs of improved consumption, fostering optimism for[...]
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South Korea’s Yoon says to ‘manage’ policy loan rates if housing market heats up
SEOUL (Reuters) -South Korean President Yoon Suk Yeol said on Thursday there was a need to “manage” policy loan rates should expectations about lower borrowing costs lead to further price[...]
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Spain’s inflation falls in August to slowest pace in a year
(Reuters) -Spain’s EU-harmonised annual inflation fell to 2.4%, its slowest pace in a year, thanks to lower fuel and food prices, preliminary data released by the National Statistics Institute ([...]
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