Economy News

Economy

UK Construction Sector Shows Signs of Recovery with Slight PMI Increase in April

The UK construction sector showed signs of a slight recovery in April, with the PMI increasing to 46.6 from 46.4 in March. Civil engineering was the weakest sector, while residenti...

Economy

Eurozone Retail Sales Dip Slightly in March, With Varied Performance Across Member States

In March, Eurozone and EU retail trade saw a slight monthly decline but annual growth. Sector performances varied, with automotive fuel sales up. Slovenia, Estonia, and Slovakia sa...

Economy

Federal Reserve Expected to Maintain Steady Rates Amid Inflation and Economic Slowdown

The Federal Reserve is expected to hold interest rates steady at 4.25% to 4.5% in May, focusing on inflation targets amidst economic slowdown and political pressures for rate cuts.

Economy

Surge in US Mortgage Applications: An 11% Weekly Increase Signals Market Shift

US mortgage applications surged by 11% last week, with interest rates for 30-year fixed mortgages dropping slightly. The Purchase and Refinance Indices both saw increases, indicati...

Economy

Surge in US Mortgage Applications: An 11% Weekly Increase Signals Market Shift

US mortgage applications saw an 11% weekly surge, with interest rates for 30-year fixed mortgages dropping slightly. The MBA survey notes significant index increases, amidst mixed ...

Economy

Fed Expected to Maintain Steady Rates Amid Inflation Challenges and Political Pressure

The Federal Reserve is likely to hold interest rates steady at its May meeting, focusing on inflation targets amid economic challenges and political pressures for rate cuts.

Economy

Germany's Industrial Sector Bounces Back: Factory Orders Surge 3.6% in March

Germany's factory orders rose by 3.6% in March, signaling a strong recovery in the industrial sector. Domestic and foreign orders increased, with significant growth in electrical e...

Economy

March Sees France's Trade Deficit Narrow to €6.25 Billion Amid Rising Exports

France's trade deficit improved in March, dropping to €6.25 billion from February's revised €7.7 billion, with exports rising by 5.6% and imports by 2.3%. The energy balance worsen...