Buoyed by falling unemployment, rising equity prices and a boost to their spending power from a lower oil price, euro-zone consumers have become increasingly confident, with the EC's measure of consumer sentiment rising …
Buoyed by falling unemployment, rising equity prices and a boost to their spending power from a lower oil price, euro-zone consumers have become increasingly confident, with the EC's measure of consumer sentiment rising in March to its highest level since the summer of 2007.
This bodes well for a revival in the euro-zone's consumer sector in the next couple of quarters and suggests that annual household spending growth may well accelerate further from Q4's 1.4%.
"We think euro-zone private consumption will rise by around 2.0% this year and 1.5% in 2016, providing some much-needed support to the region's overall economic recovery." said Capital Economics in a report on Friday
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
