News & Analytic Centre

MADRID, Oct 30 Reuters The Spanish economy grew at a fasterthanexpected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain39;s gross domestic product grew 0.8 in the third quarter from the previous three months, the same pace of expansion […]

GDP up 0.2 in Q3 from Q2; 0.1 decline had been expected Overall inflation went up to 2.4 from 1.8 in September Jobless data worse than expected in Europe39;s largest economy 39;Far from what we need but…a ray of hope,39; economy minister says BERLIN, Oct 30 Reuters Germany39;s gross domestic product unexpectedly increased in the […]

LONDON, Oct 30 Reuters Britain will not extend a freeze on the amount of money that people can earn taxfree beyond 20282029, finance minister Rachel Reeves said in her first budget speech on Wednesday. The policy was first implemented by the former Conservative government in March 2021 when the threshold was frozen until 2026. It […]

Midcap stocks outperformed bluechip index despite new tax rises Small cap stocks saw a significant boost, led by AIM index Banks, homebuilders, betting companies, and pubs benefited from budget measures LONDON, Oct 30 Reuters UK mid cap stocks enjoyed a lift on Wednesday as market players deemed the new Labour government39;s first UK budget to […]

HONG KONG, Oct 30 Reuters Hong Kong saw fresh records of homebuying from mainland Chinese in the first threequarters following efforts by the financial city to attract foreign professionals and remove purchase curbs, major realtor Centaline Property Agency said. In the first nine months, 8,133 new and secondhand homes, representing 24 of total sales, were […]

Headline CPI at 2.8 in Q3, back in RBA39;s target band of 23 Core sticky at 3.5, services inflation picks up Data supports view of 2025 rate cuts; muted reaction in markets SYDNEY, Oct 30 Reuters Australian consumer price inflation slowed to a 312 year low in the third quarter, though the core measure was […]

Thirdquarter GDP forecast to increase at a 3.0 rate Consumer, business spending expected to add to GDP growth Core PCE inflation seen rising at a slower 2.1 pace Key report lands days before presidential election WASHINGTON, Oct 30 Reuters The U.S. economy likely maintained a solid pace of growth in the third quarter as subsiding […]

PARIS, Oct 30 Reuters French economic growth beat estimates by accelerating by 0.4 in the third quarter 2024 from 0.2 in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3 for third quarter gross […]