Eurozone loan growth shows signs of bottoming out
Tiny improvement in loan growth Broad money (M3) growth in the eurozone accelerated to 2.2% year-on-year in June 2024, from…
Can investors spur national oil companies toward methane action?
The crucial role of national oil companies (NOCs) in reducing global methane emissions is becoming evident. At the 2023 United…
South Korean GDP unexpectedly shrinks, boosting rate cut chances
South Korea’s economy unexpectedly shrank in the second quarter, clocking the sharpest contraction since 2022 as slumping consumer spending undermined…
German cabinet agrees to expand tax relief to boost economy
Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21 billion euros per year…
UK factories slash price expectations and raise output forecasts, CBI says
British manufacturers’ expectations for price rises in the next few months fell to their lowest since late 2020 and they…
Why we still expect a Bank of England rate cut in August
Our Bank of England preview in a nutshell • We expect a 6-3 vote in favour of a 25 basis-point…
US economic growth regains steam in second quarter; inflation slows
The U.S. economy grew faster than expectedin the second quarter, but inflation subsided, leaving intact expectations of a September interest…
China central bank surprises by lending again at lower rates
China’s central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at…
India steel imports likely to hit seven-year high in July on spurt in Chinese inflows
India’s steel imports are anticipated to surge in July to a seven-year high, led by increased inflows from China, according…
Repsol imports more Venezelan oil, boosts production at PDVSA joint venture
Repsol’s operations in Venezuela have entered a new phase as the Spanish oil company receives more oil cargoes from the…