Economic News Page 1

Sign of L'oreal

L'Oréal stock rises after death of Bettencourt

Beauty giant L’Oréal saw its shares rise this morning following the death of billionaire majority stakeholder Liliane Bettencourt.

Alison Bloomer
port activity

Purchasing managers' index shows eurozone momentum

The eurozone economy ended the third quarter on a strong note, according to the latest Purchasing Managers' Index figures from data specialist IHS Markit. Growth in business activity picked up to its highest since May.

Brian Bollen

BoJ keeps monetary policy on hold

The Bank of Japan (BoJ) chose to keep interest rates on hold today, with rate tightening appearing a long way off.

James Hester
Federal Reserve

Fed to begin stimulus withdrawal in October

The Federal Reserve signals it is to begin unwinding its balance sheet in October, while also signalling that it still expects to raise interest rates one more time this year

Neil Dennis
ons chart

ONS reports UK retail sales rise in both volume and value

Retail sales rose in the UK in August, both in volume and value, according to the latest figures released by the Office for National Statistics this morning.

Brian Bollen
ZEW stats

German economic sentiment indicator down

The ZEW Indicator of Economic Sentiment for Germany published this morning fell considerably by 7.5 points in August 2017. It now stands at 10.0 points.

Brian Bollen
Online supermarket shopping

Ocado shares slide despite reporting strong growth

Online supermarket group Ocado has reported a strong quarter of revenue growth in its trading statement for the 13 weeks to 27 August 2017.

Alison Bloomer
bis building

Missing debt mountains: a 'What if?' poser from the BIS

More than US$10.7tn of debt globally is not being recorded on any balance sheet anywhere, according to a just-published paper from the Bank for International Settlements

Brian Bollen
Federal Reserve

Economic preview: Fed and BoJ policy decisions loom

Central bankers take centre stage again this week, with monetary policy decisions from the US Federal Reserve on Wednesday and the Bank of Japan on Thursday

Neil Dennis

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