Germany has remained the 'sick man of Europe' as its economy stagnated in the second quarter, new figures show, as the country battles an industrial slowdown and stubborn inflation.

Read More »

All eyes on Jackson Hole economic symposium

Before the release of the Jackson Hole Economic Symposium, the dollar surged impressively due to the positive initial jobless claims data, which underscored the persistent tightness in the labour ...

Read More »

The US needs a stable Chinese economy. Will Biden’s commerce secretary offer help?

US Commerce Secretary Gina Raimondo will travel to China next week, a visit that coincides with a worsening slowdown in the world’s second largest economy.

Read More »

Euro and Sterling tumble with lacklustre economic data

A downward spiral has affected the currencies of the euro region, as the Eurozone and U.K.'s PMI numbers have fallen below the 50 mark, signalling an economic contraction.

Read More »

Oil down on weak economic data, US Fed chief's speech in spotlight

Oil prices eased on Thursday amid disappointing economic data from key economies and as investors await a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rates.

Read More »