What you need to know Thursday, June 24: The major pairs oscillated between gains and losses while holding at familiar levels on Thursday. Sentiment led the way, with currencies following the lead of stocks. The dollar fell during the first half of the day, regaining most of the ground lost in the last trading session […]
Tag: Increase
Growth will be stronger than expected – Olaf Scholz
The German Finance Minister, Olaf Scholz, He said on Wednesday that he expects economic growth in the country to be stronger than expected this year. Today’s PMI data from the Eurozone and especially from Germany support the minister’s statements. “We have a reason for optimism, the rally is underway“Scholz added, but also noted that the […]
New York Fed GDP falls to 3.7% for the second quarter after this week’s data
The US economy is expected to grow 3.7% and 4.4% in the second and third quarters of 2021, respectively, the latest report showed on Friday. Nowcasting from the Federal Reserve Bank of New York. “The news of this week’s data release lowered the immediate forecast for 2021: second quarter by 0.5% and lowered the immediate […]
GDP to return to pre-coronavirus levels this fiscal year – Yasutoshi Nishimura
The Minister of Economy of Japan, Yasutoshi Nishimura, said on Friday that it expects overall GDP growth in Japan to return to pre- coronavirus in this fiscal year, Reuters reported. He added that private investment and wage increases are key to achieving growth. Nishimura claimed that they will not lower the flag of fiscal consolidation. […]
Altmaier says the German economy will clearly grow more than 4% in 2022
German Economy Minister Peter Altmaier said on Friday that the economy is rebounding faster than many feared, as reported by Reuters. “The German economy will clearly grow more than 4% in 2022“, ha agegado Altmaier. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen […]
Bank of Spain expects the economy to expand 2.2% in the second quarter
The Bank of Spain said on Monday that it expects the Spanish economy to grow 2.2% in the second quarter in its central scenario, according to Reuters. Estimates 2021 growth at 6.2% in the central scenario, against 6% in March; the expected range is 4.6% to 6.8%. By 2022 they see a growth of 5.8% […]
New York Fed GDP Nowcast falls to 4.2% for the second quarter after this week’s data
The US economy is expected to. grow 4.2% and 5.3% in the second and third quarters of 2021, respectively, as the latest Report showed on Friday Nowcasting from the Federal Reserve Bank of New York. “The news of this week’s data release lowered the immediate forecast for 2021: second quarter by 0.2% and lowered the […]
GDP below estimates rises to 2.3% in April
UK GDP hit 2.3% MoM in April versus 2.4% expected. The UK’s monthly GDP release has shown that the economy grew less than expected in April, reaching 2.3% compared to the 2.4% expected and from the previous 2.1%. Meanwhile, the services index in April stood at 1.4% quarter-on-quarter, compared to -2.0% previously. About UK GDP […]
New York Fed GDP improves to 4.4% for the second quarter after this week’s data
The U.S. economy is expected to grow 4.3% and 5.4% in the second and third quarters of 2021, respectively, the latest Nowcasting Report from the Federal Reserve Bank of New York showed on Friday. “The news from this week’s data releases raised the immediate forecast for 2021: second quarter by 0.2% and increased the immediate […]
New York Fed GDP falls to 4.3% for the second quarter after this week’s data
The US economy is expected to grow 4.3% in the second quarter of 2021, it showed on Friday. the latest Nowcasting Report from the Federal Reserve Bank of New York. “The news of this week’s data release lowered the immediate forecast for 2021: Second Quarter by 0.3%,” the New York Fed explained in its release. […]
