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German ZEW Economic Confidence At 7-Month Low

German economic confidence deteriorated sharply to a seven-month low in November as financial experts were concerned about the economic impact of the second wave of Covid-19, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Read More →

Australia Retail Sales Fall 1.1% On Month In September

The total value of retail sales in Australia dropped a seasonally adjusted 1.1 percent on month in September, the Australian Bureau of Statistics said on Wednesday - standing at A$29.157 billion.Original Article Read More →

China’s Service Sector Logs Robust Growth In October

China's service sector expanded strongly in October signaling a sustained recovery from the Covid-19 related drops in activity seen earlier in the year, survey results published by IHS Markit showed Wednesday. The Caixin services Purchasing Managers' Index advanced to 56.8 Read More →

Eurozone Private Sector Economy Stagnates In October

The euro area private sector recovery halted in October as the containment measures were reintroduced to combat the second wave of Covid-19 infections, final survey results from IHS Markit showed Wednesday. The composite output index fell 50.0 in October from Read More →

UK Service Sector Growth Weakens Sharply In October

The UK service sector growth weakened sharply in October as tightening restrictions amid rising Covid-19 infections dampened activity in the hospitality, transport and leisure sectors, final survey data from IHS Markit showed Wednesday. The services Purchasing Managers' Index declined to Read More →

U.S. Private Sector Job Growth Slows More Than Expected In October

Private sector employment in the U.S. increased by much less than expected in the month of October, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 365,000 jobs in October after Read More →

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