By Peter Nurse
Investing.com - The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention by the Bank of England and the...
The US economy has seen a couple of recessions over the past two decades. The most brutal one being the great recession, which remains an anomalous event. Fast forward twelve or so years,...
In this article
While fears of an immediate US recession have not been confirmed, the latest GDP report points towards a shrinking economy. GDP contracted by 0.9%, the second-straight quarter of decline, while inflation...
Pound Sterling Fundamental Forecast: BearishEncouraging UK Jobs data could solidify a 25 basis point hike form the BoE next week The ECB’s rather hawkish revelations of potential 50 bps September hike could weigh...
GDP +5.4% vs +5.1% y/y second estimateThe upwards revision may look positive at first glance but the details are less rosy. The better-than-estimated growth in Q1 was largely driven by a rise in...
