May Durable Goods Orders Fall More Than Expected
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Doing Business In Saudi Arabia
Saudi Arabia has had a period of relatively high growth and economic progress over the past few years. It is predicted to grow by at least 3% for the next couple of years. With 50% of Saudis under 25 years old the Saudi population is one of the fastest growing…
An Early Christmas Rally for European Stocks
After over 19 months of underperformance and losses, European stocks are closing the year with a sharp upside move. The EURO STOXX® 50 Index, the benchmark for Eurozone equities, has gained 6.8% this month through Dec. 16, beating other major regions. The move equates to a monthly advance of 11.4%,…
BOJ Keeps Policy On Hold, Brightens View Of Economy
The Bank of Japan kept monetary policy steady and took a more upbeat view of the economy on Tuesday, reinforcing market expectations that its future policy direction could be an increase - not a cut - in interest rates.
Markets Flat in October as Banks Rise
Equity markets were stable over the month of October in euro terms as investors awaited the election of a new government and higher interest rates in the US. The STOXX® Global 1800 Index rose 0.6% for the month, while it posted a loss in dollar terms.