Gentle drop in UK savings rate to boost consumer spending, Capital Economics says
On Thursday, Capital Economics, provided insights into the future of the United Kingdom (TADAWUL:4280)’s economy, focusing on household saving rates and consumer spending, indicating that the recent increase in the household saving rate is mainly due to cyclical
BofA expects Australian disinflation trend to persist
ank of America (BofA) analysts projected that the disinflationary trend in Australia is likely to continue, based on the upcoming Consumer Price Index (CPI) data release for the fourth quarter of 2024 by the Australian Bureau of Statistics (ABS). The
French sports officials snub minister’s speech over planned budget cut
PARIS (Reuters) – French sports officials walked out of a speech by new minister Marie Barsacq over a planned 33% budget cut for their sector just a few months after a memorable Paris Olympics. Earlier this month, Finance Minister Eric Lombard
UBS sees 5% US 10-year Treasury yield as equities’ negative threshold
Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a negative turning point for equities. They also suggest a 35% chance of a stocks bubble, which could happen
Norway central bank keeps rate on hold, plans March cut
By Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March. Economists