Tag - economy

American consumer spending speeds up
American consumer spending speeds up

In April, American consumer spending demonstrated its greatest soar for five months, which turns out to be a further proof that economic surge was regaining momentum during the second quarter…

Common currency pares profits after US tariff announcement
Common currency pares profits after US tariff announcement

On Thursday, the common currency pared back revenues because the United States imposed steel as well as aluminum duties on the European Union, Canada and Mexico backing away from the maximums of the day reached earlier in the face of receding worries as…

Inflation in the euro zone tacks on more than anticipated
Inflation in the euro zone tacks on more than anticipated

In May, the annual rate of inflation in the eurozone rallied more than anticipated because energy prices went up, which is likely to underpin the European Central Bank's confidence that the figure will get back to its objective in the nearer future…

BOC Rate Statement
BOC Rate Statement

The Bank of Canada is keeping the interest rate unchanged since January 2018.

Wall Street: traders lose interest in consumption
Wall Street: traders lose interest in consumption

The index, tracking the dynamics of securities of consumer goods producers, the leader of decline among the main sectors of the S&P 500 this year, might sink even lower and become less attractive to market participants as a protective sector…

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