The Bank of England on Thursday announced it would boost quantitative easing by £150 billion, an amount significantly greater than the £100BN markets were anticipating, and economists are saying this won't be the last expansion.
November 5,2020
The UK government looks set to secure parliament's support for a new one-month lockdown in England, due to start on November 05.
November 2,2020
The Eurozone economy rebounded much more strongly than was anticipated by economists in the third-quarter, Eurostat data revealed on Friday, but with the recovery at risk from renewed 'lockdown' and the EU's coronavirus recovery fund in danger of firing blanks, the data was overlooked by investors.
October 30,2020
The U.S. economy surpassed expectations last quarter as the consumer powered a record rebound out of the coronavirus crater, potentially leaving lawmakers on the hook in more ways than one for any upset in the final quarter of the year.
October 29,2020
Germany and Europe's economies are on course for a fresh contraction due to new coronavirus containment measures announced this week, according to Deutsche Bank and Morgan Stanley forecast, although the anticipated damage could grow quickly if the new restrictions are either enhanced or prolonged.
October 29,2020
There are two weeks of oxygen left in the European economic coal mine before the Eurozone’s final quarter rebound fades like a quieting canary, economists at Berenberg suggested Friday, after IHS Markit PMI surveys warned of an October collapse in the continent’s services sector.
October 23,2020
Britain’s bricks and mortar stores caught up with the rest of the retailer class in September when sales rose faster than was expected, taking them above pre-pandemic levels, but fresh coronavirus-related restrictions on activity and looming income declines could see that success snatched away again in October.
October 23,2020
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