French confidence surprised on the upside in September. Both manufacturing and service sector confidence rose from the previous month. The French manufacturing sector appears to be struggling with growth, not really gett…
French confidence surprised on the upside in September. Both manufacturing and service sector confidence rose from the previous month. The French manufacturing sector appears to be struggling with growth, not really getting a stable grip of it. This month the PMIs again point towards cautious growth after two months of contraction. "The French economy did not grow in the second quarter of the year and PMIs suggest that we might see some marginal growth in Q3", foresees Nordea Bank.
The French economy still has a long way to go in order to reach solid growth. The labour market developments do not look promising and point towards continued gloomy times ahead.
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…
