International Economic
German business confidence falls on 'bottleneck recession'
German business morale fell for the third month running in September, as manufacturers experienced a "bottleneck recession" due to the supply chain crisis, according to a survey released on Friday.
Euro zone August factory growth holds up as prices rise
Euro zone manufacturing growth continued to expand in August but supply chain problems due to the Covid-19 pandemic were pushing up prices, according to a survey published on Wednesday.
Eurozone business growth slows as demand peaks
Eurozone business growth slowed markedly in September as demand peaked and supply chain problems affected production and deliveries, a survey showed.
Fed's Bostic sees no taper at September meeting
The US Federal Reserve is unlikely to taper its bond-buying programme at its September meeting but action could come later this year, a hawkish member of the central bank's monetary policy committee said.
China trade surplus beats expectations
China's trade surplus rose unexpectedly in August as exports surged despite Covid-19 shutdowns.
Morgan Stanley downgrades US equities to 'underweight', says growth pessimism excessive
Equity strategists at Morgan Stanley downgraded their recommendation for US stocks ahead of the final stages of what they termed a mid-cycle transition.
Euro area Q2 GDP, employment grow more quickly than expected
Economic growth and employment in the single currency bloc rebounded more strongly than first thought over the three months to June.
US jobless claims drop to lowest level since mid-March 2020
The number of Americans filing for unemployment claims continued to drop at the end of August.
US second quarter unit labour costs revised higher
Unit labour costs in the US grew a bit more quickly than anticipated during the second quarter, revised data showed.
US foreign trade deficit narrows unexpectedly in July
America's shortfall in trade with the rest of the world shrank last month as exports picked up.
Europe close: Investors bide their time ahead of US jobs report
European stocks were little changed on Thursday, as investors awaited the release of the monthly non-farm payrolls report the next day.
ISM manufacturing PMI improves unexpectedly in August
Activity in American manufacturing accelerated unexpectedly last month, the results of perhaps the most closely-followed survey for the sector revealed.
US factory PMI points to continued fast growth - IHS Markit
US factory sector activity continued growing at a brisk clip last month, the results of a survey revealed.
Scientists to begin human trials of cancer vaccine using AstraZeneca technology
Researchers in the UK and Germany will begin human trials for a therapeutic cancer vaccine "shortly" that uses the same technology as AstraZeneca's Covid-19 shot.
US services sector continues fast growth in August despite supply shortages
Services sector activity in the US continued expanding at a brisk pace in August, the results of a closely-followed survey revealed.
US jobs growth slows sharply as Delta rolls across country
Hiring in the US slowed sharply last month as the Delta variant of Covid-19 rolled across the country, particularly in the Southeast.
Fed should wrap up QE by end of Q1 2022, Bullard says
A top official at the Federal Reserve brushed off concerns about a slowdown in hiring and said the central bank remained set to start tapering its debt purchases before year-end.
ECB in a different universe than the Federal Reserve, Trichet says
The European Central Bank may slow its asset purchases when rate-setters in Frankfurt next meet, but the monetary authority is not set to start phasing them out, a former head of the institution said.
US job openings hit fresh record high in July
The number of job openings in the US hit a fresh record high in July despite slower hiring as Americans increasingly chose to 'quit' their current employment.
Initial weekly US jobless claims undershoot forecasts
First time weekly unemployment claims in the US undershot market forecasts by a wide margin during the latest week for which data were unavailable.