Capital Economics
ECB set to hold rates as inflation drifts downwards
For the first time in over a year, European Central Bank (ECB) policymakers are expected to decide against raising interest rates again when they gather in Athens on Oct. 26.
Once red-hot, inflation, driven by Russia's invasion of Ukraine in early 2022, has started to ease, while the outlook for the economy has worsened.
Japanese growth smashes expectations
Quarterly growth data for Japan smashed expectations yesterday as car exports rebounded and tourists flooded back, but economists cautioned that it may not last.
The world's third-largest economy expanded 1.5 percent quarter-on-quarter in the three months to June, the fastest rate since the fourth quarter of 2020.
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China trade weakens after cities shut down to fight virus
China's export growth tumbled in April as global demand weakened, adding to pressure on the world's second-largest economy after Shanghai and other industrial cities were shut down to fight virus outbreaks.
New upgrades for Greek growth
Foreign agencies and international banks have made a barrage of upward revisions for the growth rate of the Greek economy in order to better capture the stronger-than-expected start of the Greek economy this year, with the recovery rising in the second half, as a result of domestic demand, the start of the Recovery Fund projects, as well as the increase of tourist receipts, while increased sa
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Sweden in Recession Despite Soft Lockdown
Sweden's highly contested response to Covid-19 left much of the economy open. Even so, the country is now headed for its worst recession since World War II.
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China's July Exports Accelerate Despite US Tariff Hike
BEIJING (AP) — China's export growth accelerated in July, showing little impact from a U.S. tariff hike in a spiraling dispute over technology. Sales to the United States rose 13.3 percent over a year earlier.
Europe's recovery strengthens, unemployment at 8-year low
Europe's economic recovery is strengthening with unemployment in the eurozone dropping in June to its lowest since February 2009, according to official figures released on July 31.
The jobless rate of 9.1 percent was better than predicted by analysts and will boost confidence that the 19-nation single currency area's pick-up is gathering steam after the financial crisis.
Oil prices rebound as Saudi-Iran row deepens
Oil prices rebounded in Asia on Jan. 5 as a diplomatic row between Saudi Arabia and Iran deepened, but a global crude supply glut and economic weakness in China are keeping any increases in check.
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Saudi Arabia opens $585 bln stock market to foreign investors
Saudi Arabia's stock market, valued at $585 billion, opened up to direct foreign investment for the first time on June 15, as the kingdom seeks an economic boost amid low global oil prices.