Archive for Tag: European News

UK shoppers slash December spending after earlier Xmas spree, Omicron

”British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many people stayed at home due to the spread of the Omicron coronavirus variant. Economists said the scale of the hit bolstered their expectations that the world’s fifth-biggest economy...

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European News – Marketmind: The ECB’s inflation conundrum

The European Central Bank meets later on Thursday and all eyes will be on its comments about the outlook for inflation. Will it or won’t it become the latest central bank to warn that price pressures are more severe — and less transitory — than they appeared a few...

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European News – Stocks set record highs as bond yields slide

European shares and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks. Investor sentiment rose in Europe after the European Central Bank raised its growth and...

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