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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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Fitch raises global growth forecast on improved near-term prospects

Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…

ANI   


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Resilient India to outperform most global economies in FY24, says Client Associates

India today is a compelling destination for both foreign direct and portfolio investors. For the fi…

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Nifty makes significant gains on positive PMI, GDP data

Mumbai, Sep 1 (IANS) Domestic markets made significant gains buoyed by favourable global cues, a hi…

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The eurozone fell into a double-dip recession in the first quarter as it grappled with COVID-19 and a botched vaccine rollout

GDP shrank for the second quarter running, but economists say the worst should be behind the 19-mem…

Harry Robertson   


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The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery

The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of cor…

Harry Robertson   


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Eurozone GDP shrinks at the fastest rate in history, losing 12.1% in the second quarter

Spain was the country hit hardest by the pandemic in Europe, suffering an 18.5% decline compared to…

Saloni Sardana   


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European stocks plunge after the continent reports its biggest ever GDP drop

Data on Tuesday showed that eurozone GDP fell by 3.6% in the first quarter, the worst performance s…

Saloni Sardana   


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A 'blue sweep' could boost US recovery and lift GDP across the euro-area, Goldman Sachs says

A "blue wave" in the US election could mean big financial stimulus, aiding the US economic recovery…

Theo Golden   


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An embargo on Russian oil would trigger a recession in Europe and investors are underpricing disruptions to energy supplies, Barclays says

"Any restrictions of flows would put further pressure on energy prices and could even result in rat…

Carla Mozée   


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The horrendous impact of coronavirus on Europe's economy is growing clearer as GDP shrinks 3.8%, and Germany, France, and Spain report catastrophic data

The eurozone economy declined at the fastest pace on record by 3.8% in the first quarter of 2020 as…

Shalini Nagarajan   


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ECB slows pace of pandemic bond purchases after inflation jumps to decade high

The ECB is one of many central banks around grappling not only with strong inflation, but also the …

Harry Robertson   


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Markets now see more risk in the UK's 5-year bonds than those for the most heavily indebted eurozone members

Yields on the five-year gilt soared more than 51 basis points on Monday to 4.579% amid fallout from…

Brian Evans   


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SBI Ecowrap revises FY23 annual GDP growth rate projection to 6.8%

"The downward revision is mostly to do with our Q1GDP estimate that was at 15.7 per cent," the r…

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Europe will spiral into a severe recession as the energy crisis hikes inflation and weighs on GDP, BlackRock says

A severe recession is "inevitable" for Europe as the energy crisis worsens and the ECB continues to…

Jennifer Sor   


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Here comes eurozone GDP...

Following on from that, at 10 a.m. GMT the GDP figure for the eurozone as a whole in Q3 will roll o…

Mike Bird   


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ECB president Christine Lagarde hints at a change in the central bank's inflation target

ECB president Lagarde hints that the central bank may follow the Federal Reserve in tweaking its in…

Amanda Cooper   


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Global GDP will grow the most since 1980 this year amid widespread vaccination and massive stimulus, Fitch says

While Fitch's forecast calls for the fastest growth in decades, it's lower than estimates from Gold…

Ben Winck   


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US futures rise ahead of Q3 GDP as earnings optimism eclipses inflation-related concerns

Optimism over earnings outweighed concern about the impact of inflation ahead of a first read of US…

Amanda Cooper   


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The EU is bracing for a 'recession of historic proportions' and predicts a 7.4% contraction in 2020

Italy and Spain will be the worst-hit major economies, contracting 9.5%, forecasts said in a statem…

Shalini Nagarajan