An outstanding showing from the services sector and lifting of COVID-19 restrictions have helped fuel a surge in the UK’s gross domestic product last quarter. UK GDP A productive quarter for the UK economy Data from the Office of National Statistics (ONS) reveals the UK economy grew 4.8% in Q2 2021. That falls a shade […]

A slower-than-expected rise in GDP cools expectations of US economic growth this year. But is it all doom and gloom? US GDP Slowing American GDP growth disappoints markets Despite estimates forecasting another surging quarter for the US economy, annualised GDP growth failed to match the Dow Jones estimate of 8.4%. GPD instead rose 6.5% in […]

Powell addresses global economy's structural shifts. ECB's Lagarde signals lasting economic instability. Trade changes affect currency dominance, alliances. US sanctions might weaken dollar's hegemony. Tech stocks fluctuate; dollar gains momentum.

On Wednesday, Frankfurt's blue-chip DAX 40 index reached a new record high of 16,640 points, fueled by growing expectations that major central banks might pause rate hikes and potentially initiate interest rate cuts sooner than previously expected.

The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal funding and China stimulated its sluggish economy.