Page 26 - Jonathan Cable News Today

LONDON — Business activity in the euro zone contracted slightly in July for the first time since early last year as consumers reined in spending amid a…

LONDON (Reuters) - Manufacturing activity across the euro zone contracted last month with factories forced to stockpile unsold goods due to weak deman...

By Kantaro Komiya TOKYO (Reuters) - Japan's economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year,...

Japans economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, a Reuters poll showed, as growing risks of a global economic slowdown and supply...

By Jonathan Cable

Business growth across the euro zone slowed further last month, according to a survey in which forward looking indicators suggested the region could slip into decline this quarter as the cost of living crisis keeps consumers wary. S&P Global’s final composite Purchasing Managers’ Index (PMI), seen as a good guide to economic health, fell to ...

Reuters polled more than 100 fixed-income strategists covering major sovereign bond markets from around the world during the closing weeks of one of the worst first half of any year for bonds in decades. Following are some of the highlights of their predictions for U.S. Treasuries, German Bunds and Japanese Government Bonds (JGBs). – Just ...

Global factory growth stalled in June as higher prices and a darker economic outlook left consumers wary of making purchases, while China’s strict COVID-19 lockdowns and Russia’s invasion of Ukraine added to supply chain disruptions, surveys showed. They were the latest signs pointing to the risk of all-out recession in the global economy, coming after ...

By Jonathan Cable and Leika Kihara

The European Central Bank will raise its deposit rate above zero for the first time in a decade in September, according to most economists polled by Reuters, who expect it to be at least 50 basis points higher than previously anticipated by year-end. While economists say euro zone inflation is yet to peak the ECB ...