International Economic
Daily Mail, Sun cut US editorial jobs
Two of Britain's largest newspaper publishers, News UK and DMGT, are implementing significant job cuts in their US digital operations, it emerged on Friday.
US consumer sentiment highest since May
US consumer sentiment improved in September to its highest level since May, according to a preliminary survey released on Friday.
Eurozone industrial production falls as expected
Industrial output in the eurozone fell as expected in July, with further weakness expected into the second half of the year as the manufacturing sector across the region continues to struggle.
Ex-NY Fed chief Dudley says he'd go for 50bp cut on 18 September
A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air.
ECB cuts rates by 25 basis points as expected
The European Central Bank cut interest rates on Thursday by 25 basis points to 3. 5%, as widely expected, pointing to a slowdown in inflation.
US producer prices rise a tad more quickly than expected, core ahead of forecasts
Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.
US jobless claims rise to 230,000
Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations.
IEA trims forecasts as demand for oil slows
Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts.
US inflation undershoots forecasts in August, core CPI picks up
The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell.
Capital Economics ups end-2025 gold price forecast to $2,750/oz.
Capital Economics boosted its gold price forecast for the end of the following year, although it was expecting a bumpy ride.
OPEC trims oil demand forecast again as crude prices sink
The Organization of the Petroleum Exporting Countries has reduced its forecast for oil demand this year for the second straight month as it attempts to balance the market in the face of falling prices.
EU court upholds EUR 2.4bn Google antitrust fine
Google found itself on the losing end of a significant European legal battle on Tuesday, as the EU's Court of Justice upheld a €2. 4bn fine imposed on the company for antitrust violations.
Apple loses decade-long Irish tax battle
Tech giant Apple has lost a decade-long battle with the European Union regarding a €13. 0bn tax bill in Ireland.
German inflation dips below 2% for first time since 2021, final estimates confirm
German inflation was confirmed at 1. 9% in August, its lowest level in three and a half years, according to final estimates from Destatis on Tuesday.
China's trade surplus widens as exports jump, imports slow
China's trade surplus rose last month as exports surged to their highest in almost two years, while imports barely changed, raising concerns over ongoing weak domestic demand.
Eurozone investor confidence weakens again on German woes - Sentix
Eurozone investor sentiment has weakened again this month, as worries grow over the state of the German economy and political situation, according to a survey published on Monday.
China consumer prices rise less than expected, producer prices deflate
China's consumer inflation saw a modest increase in August, with the consumer price index (CPI) rising 0. 6% year-on-year, up slightly from July’s 0. 5%.
US non-farm payrolls grow by 142,000 in August, miss forecasts
Job growth in the US picked up only a little in August.
Eurozone GDP growth revised down
The Eurozone economy expanded only marginally in the second quarter, official data showed on Friday, as growth struggled to take hold.
'Sell the rip' if US August payrolls print below 100,000, BoA's Hartnett says
A hard landing in the US is still most likely on the cards, a top-rated Bank of America strategist said.