Keywords: Inflation
A surge in demand for low-cost cooling equipment has triggered a wave of resale activity across online marketplaces, with air conditioners originally sold by discount retailer Lidl being listed at significantly inflated prices just days after purchase. The trend follows a promotional sale in which thousands......
European equity markets may continue to benefit from an improving macroeconomic backdrop, but stronger economic growth alone is unlikely to generate another significant rally, according to analysts at Bank of America (BofA), who argue that current market valuations already reflect much of the positive......
Russia's second-largest lender, VTB, is preparing to strengthen its financial buffers during the second half of 2026 as inflationary pressures and elevated borrowing costs increase the likelihood of credit deterioration across its loan portfolio. The move reflects growing concern within Russia's......
Investors are heading into a crucial week on Wall Street, with attention focused on monetary policy signals from the Federal Reserve and early corporate earnings reports that could set the tone for the upcoming U.S. reporting season, as recent volatility in technology stocks continues to weigh on sentiment. Market......
Britain's services sector contracted for a second consecutive month in June, with business activity falling at its fastest pace since early 2023 as the economic effects of the conflict involving Iran continued to weigh on companies. The latest S&P Global Services Purchasing Managers' Index......
France's services sector remained in contraction in June, with business activity declining more than initially estimated as weak demand, persistent inflationary pressures and subdued confidence continued to weigh on the country's economy. According to the latest S&P Global survey, the France......
The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI)......
Italy's services sector returned to growth in June, ending a three-month period of contraction as easing cost pressures and improving business conditions helped lift activity, according to the latest purchasing managers' survey. The S&P Global Italy Services Purchasing Managers' Index......
Germany's services sector remained in contraction for a third consecutive month in June, although the pace of decline eased as cost pressures moderated and business activity proved more resilient than initially estimated. The latest HCOB Germany Services Purchasing Managers' Index (PMI), compiled......
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