
In the final quarter of 2018, the German economy stalled, narrowly dodging recession because the fallout from global trade clashes and Brexit threatened to heavily impact a decade-long expansion in the EU’s number one economy…
China's economy managed to rally 6.9% during the first quarter from the previous year, moderately faster than expected, backed by a government infrastructure spending spree as well as a frenzied housing market, demonstrating signs of overheating.
Financial experts surveyed by Reuters had expected the Chinese economy to surge 6.8% during the first quarter, showing the same pace as in the previous year’s fourth quarter.
First-quarter surge turned to be the fastest since the third quarter of 2015. March data revealed that investment, factory output, retail sales as well as exports all added faster than expected.
The sturdy reading will help to back wobbly global financial markets, though it will also add to concerns that China's authorities are still heavily relying on stimulus, not to mention old economy growth drivers. The government isn’t doing enough to cope with risks from an explosive build-up in debt.
While China's data has been mostly positive this year, a great number of analysts widely expect the world's number two economy to lose steam in the nearer future because the impact of earlier stimulus measures starts fading and local authorities step up their battle for the purpose of reining in hot housing prices.
In the final quarter of 2018, the German economy stalled, narrowly dodging recession because the fallout from global trade clashes and Brexit threatened to heavily impact a decade-long expansion in the EU’s number one economy…
In January, the annual rate of inflation in Great Britain went down to 1…
The levels of retail sales and core retail sales for the US will be released on February 14 at 15:30 MT time.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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