Goldman strategists believe that the financial markets have moved a long way towards pricing in the U.S. election outcome, according to Bloomberg. The strategist points out that attention is now…
The U.S. nonfarm payrolls rose 638,000 in October, more than expected 530,000, according to the Bureau of Labor Statistics, press release. The unemployment rate declined to 6.9% from September's 7.9%,…
European Central Bank Vice-President Luis de Guindos expects the Eurozone growth to be negative in the fourth quarter, according to Reuters. The negative growth is attributed to fresh restrictions imposed…
U.S. PMI in October was 53.4, up slightly from September’s 53.2 in line with the flash estimate of 53.3, representing the sharpest rise since November 2019, according to HIS Markit…
Analysts believe that the Senate will be more important in determining the winners and losers in markets given its ability to advance or block the next president’s agenda, according to…
October's Economic Sentiment Indicator (ESI) in the Euro area and EU remained unchanged at 90.9 and 90.0, respectively, according to the European Commission press release. Employment Expectations Indicator (EEI) was…
Eurozone banks tightened corporate credit access in Q3 and will curtail further as worries of a fresh wave of coronavirus infections rise, according to European Central Bank’s press release. Credit…
Advance estimates of U.S. retail and food services sales for September were $549.3 billion, a 1.9% increase from the previous month, and 5.4% above September 2019, according to press release.…
Germany recorded a 4.5% rise in new orders for August, surpassing analysts’ expected 2.8% increase, according to press release. The rise in factory orders driven by demand abroad. Export orders…
After sustained growth, the Sentix economic index in the Eurozone dropped by 0.3 points to reach -8.3, according to press release. Economic index higher than analysts’ expected -9.3. Asia sustained…
Deutsche Boerse is pitching to include 40 firms from 30 representing the German blue-chip’s DAX now, according to Reuters. Proposed reforms call for tougher membership criteria in the wake of…
Final Eurozone manufacturing in September is 53.7, up from August's 51.7, the strongest for over two years, according to press release. Growth contributed by robust Germany's manufacturing activity due to…