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Uk Gdp

All articles tagged with #uk gdp

finance1 year ago•6 min saved

"Bank of England's Focus as UK Economy Enters Recession in 2023"

European stock markets were higher as UK GDP figures showed the economy fell into a technical recession, with the Stoxx 600 index up 0.7% and major bourses in positive territory. Germany's Commerzbank posted a 55% jump in full-year net profit, while planemaker Airbus announced a special dividend of 1 euro per share. Japan's Nikkei 225 closed above the 38,000 mark for the first time since 1990, and bitcoin hit an over two-year high amid favorable regulatory activity.

via CNBC|

#airbus #bitcoin #commerzbank

finance2 years ago•7 min saved

European Stocks Soar on Positive Momentum and Rate Outlook Optimism

European stock markets closed higher as positive global momentum continued, with the Stoxx 600 index ending 0.1% higher. Oil and gas stocks rose despite uncertainty in oil markets due to the Israel-Hamas war, while travel and leisure dropped as multiple airlines suspended flights to Israel. The U.S. Federal Reserve's interest rate hikes are being questioned after dovish remarks from officials, and markets are now predicting a high probability of the Fed holding steady in November and December. European Central Bank officials also reinforced the message that rates may have peaked. The UK economy grew slightly in August, in line with expectations, while the US consumer price index rose more than predicted in September.

via CNBC|

#ecb #european-stocks #finance