Economic activity as of 10th September 2020 in the euro area remained strong in line with the previous expectations, according to ECB press release. Manufacturing improving, but slowdowns in service…
U.K.'s September private sector output was a record low from August's 72-month high, according to Composite PMI press release. The slowdown reflected weak improvements in the manufacturing service sector activity.…
September business activity within the Eurozone hit monthly lows, according to PMI press release. Rising COVID-19 infections contributed to the downturn - HIS Markit’s chief business economist Chris Williamson. Divergent…
European Central Bank (ECB) officials are working on a plan to sell hundreds of billions of euros of bank loans in an Amazon-like website, according to a press release. The…
Fed Chair Jerome H. Powell and Treasury Secretary Steven Mnuchin optimistic of economic rebound after crisis - joint congressional hearing. Growth facilitated by strong fiscal support, stimulus checks and jobless…
ECB has purchased bonds worth €2.285T in the public sector purchase program (PSPP, QE) compared to the prior week’s €2.280T, as published by ECB. _____________________________________________________________________ The total Asset-Backed Security purchases…
ECB is moving closer to lift the ban on dividends, LSE picks Euronext’s bid, and CaixaBank and Bankia make the deal to form the biggest bank of Spain. _______________________________________________________________________________________________________ Here…
The Government of India treasury bills auction will be held September 23rd, 2020, as announced in the Reserve Bank of India press release. The state Government, the eligible Provident Funds…
In response to President Trump's order, the Department of Commerce announced to put a ban on WeChat and TikTok transactions from 20th Sep. To prohibit and safeguard the national security…
ECB is moving towards freezing the dividend payments at the beginning of 2021, stated by Bloomberg. Several members of the supervisory board of the ECB, who supported the initial requests…
State-owned Bankia and the boards of Spain’s CaxiaBank have approved the M&A deal between two lenders, according to a release published on Friday. The merger will create the biggest retail…
The new prime minister of Japan, Yoshihide Suga will target quick wins to revive the badly hit economy amid the pandemic of coronavirus. The analysts said that the policy of…