Economic Indicators1 hour ago (Mar 25, 2020 06:55AM ET) (C) Reuters. PARIS (Reuters) – France’s public deficit and debt were slightly lower last year than the government had expected, the INSEE official stats agency said on Wednesday, offering some relief among all the economic gloom around the coronavirus outbreak. INSEE […]
UK house price growth slowed in January: ONS
Economic Indicators2 hours ago (Mar 25, 2020 06:00AM ET) (C) Reuters. Houses are seen painted in various colours in a residential street in London LONDON (Reuters) – British house price growth slowed in January, before the coronavirus began to hit Britain, after rising at its fastest rate in 11 months […]
German business morale slumps to lowest since 2009: Ifo
Economic Indicators3 hours ago (Mar 25, 2020 05:20AM ET) (C) Reuters. Containers are loaded on freight trains at the railroad shunting yard in Maschen near Hamburg BERLIN (Reuters) – German business morale tumbled in March to its lowest level since 2009, a survey showed on Wednesday, suggesting that Europe’s largest […]
U.S. new home sales fall in February, January revised up sharply
(C) Reuters. FILE PHOTO: Construction workers build a single family home in San Diego, California By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic which is boosting unemployment and […]
Virus Walloped U.S. Economy in March, IHS Markit Gauge Shows
Forex9 hours ago (Mar 24, 2020 10:09AM ET) © Bloomberg. An American flag hangs above an assembly line in Fort Worth, Texas. Photographer: Luke Sharrett/Bloomberg (Bloomberg) — The global health crisis dealt a swift, painful blow to the U.S. economy in March, with a gauge of activity at service providers […]
Coronavirus sinks U.S. business activity to record low: IHS Markit
(C) Reuters. Workers assemble a Ford truck at the new Louisville Ford truck plant in Louisville (Reuters) – U.S. business activity contracted further in March, hitting a record low as the coronavirus pandemic depressed activity in both the manufacturing and services sectors, bolstering economists’ views that the economy was already […]
French business activity plunges to record low in March over coronavirus: PMIs
Coronavirus12 hours ago (Mar 24, 2020 07:41AM ET) (C) Reuters. People walk on the esplanade of La Defense in the financial and business district of La Defense, west of Paris By Leigh Thomas PARIS (Reuters) – French business activity plunged to its lowest level on record in March as a […]
UK manufacturers’ most pessimistic since financial crisis: CBI
Economic Indicators12 hours ago (Mar 24, 2020 07:25AM ET) (C) Reuters. FILE PHOTO: People walk through the Canary Wharf financial district of London LONDON (Reuters) – British manufacturers are the most pessimistic about the outlook than they have been at any time since the global financial crisis more than a […]
Euro-Zone Economy Crashes on Coronavirus Business Shutdowns
Economic Indicators14 hours ago (Mar 24, 2020 05:43AM ET) (C) Reuters. Euro-Zone Economy Crashes on Coronavirus Business Shutdowns (Bloomberg) — The euro zone is sinking into the biggest economic crisis in its history as measures to contain the coronavirus pandemic bring much of the business world to a standstill. IHS […]
Coronavirus smashes UK economy with unprecedented force: PMI
Economic Indicators14 hours ago (Mar 24, 2020 05:40AM ET) (C) Reuters. The spread of the coronavirus disease (COVID-19) in London By David Milliken LONDON (Reuters) – Britain’s economy is shrinking at a record pace, faster than during the 2008-09 financial crisis, as businesses across the services sector shut up shop […]