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European Shares Rise

19 April 2019 Maria Gregoriou

Things were shaken up in the European stock market yesterday, as shares in this market "ended higher as short covering kicked in ahead of a long Easter weekend," according to Reuters.

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Venezuela Deemed World’s Most Miserable Economy

18 April 2019 Maria Gregoriou

The index sums up inflation and unemployment outlooks for 62 economics. This year the index relied on Bloomberg economist surveys, while in previous years the index was complied with the use of actual data.

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US Economy Sees Slight Increase in Activity

18 April 2019 Maria Gregoriou

The current US economic situation, according to the Beige Book report released last night, shows that economic activity expanded at a slight-to-moderate pace in March and early April.

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Growth Forecast Cut in Germany

17 April 2019 Maria Gregoriou

The 2019 growth forecast from the German government was cut for the second time in three months today. This decision points to the fact that the Germany economy is slowing down due to a recession in the manufacturing sector.

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China Could Be Ahead of Trade Talks After Economic Growth

17 April 2019 Maria Gregoriou

As China's economy has grown at a steady 6.4 percent pace in the first quarter of 2019, compared to last year, the government now has legroom to move as trade negotiations with the U.S. are now at a crucial level.

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Australia - Domestic Growth Slowed

16 April 2019 Maria Gregoriou

The minutes of the Monetary Policy meetings of the Reserve Bank of Australia, released this morning, showed that growth within the domestic environment has slowed in the second half of 2018, compared with the first half.

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The Cost of Brexit on Leading Companies in Britain

12 April 2019 Maria Gregoriou

As Brexit still seems a long way off, the cost of the Brexit chaos to a number of leading companies in Britain are mounting up.

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Oil Markets Tightening

11 April 2019 Maria Gregoriou

The International Energy Agency (IEA) has announced that global oil markets are tightening as OPEC supply falls. Economic threats, as cautioned by the central banks, could also lower demand forecasts.

The decline in demand could last until the end of the year, according to Bloomberg, as Saudi Arabia and its partners curb production. Exports from Venezuela and Iran are also tightened due to economic and political crises.

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Pound Remains Stable as Brexit Postponed

11 April 2019 Maria Gregoriou

The outcome of six hours of talking yesterday in Brussels ended in the European Union allowing the U.K. to stay within the union until October 31. This decision was made in the hope that a messy no-deal will be avoided.

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Hong Kong is Now the Third Largest Stock Market in the World

10 April 2019 Maria Gregoriou

The latest market data shows that Hong Kong has overtaken Japan as the world's third largest stock market as of Tuesday. This leap to the third position - after the U.S. and mainland China - is due to a rebound in Hong Kong stocks after their worst year since 2011.

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