Unemployment from the UK and investor confidence from euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer price data. Economists forecast inflation to remain unchanged at Read More →

The World Bank downgraded its global growth outlook to the weakest pace in three years, citing downturn in investment and a decade-low growth in trade, amid escalating disputes. Global growth is forecast to ease to 2.6 percent this year, reflecting Read More →

The UK service sector growth improved more-than-expected to a three-month high in May, but overall private sector activity weakened due to the contractions in manufacturing and construction, survey data from IHS Markit showed Wednesday. The Chartered Institute of Procurement & Read More →

Private sector employment in the U.S. crept up by much less than expected in the month of May, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment edged up by 27,000 jobs in Read More →

Indicating an unexpected acceleration in the pace of U.S. service sector growth in the month of May, the Institute for Supply Management released a report on Wednesday showing an increase by its non-manufacturing index. The ISM said its non-manufacturing index Read More →

The European Central Bank is finding itself in a tight spot as downside risks to Eurozone growth from external events, mainly trade tensions, have increased and inflation in the single-currency bloc sharply slowed, triggering predictions that the bank may re-launch Read More →