The European Commission reported that in October consumer confidence in the eurozone fell to the lowest in a ten-month period. The corresponding index fell to minus 7.6 points. A month earlier it was at minus 6.5 points. Analysts who took part in the... Read more
The German Ministry of Economy confirmed that the economy will be in recession at the end of the third quarter. However, it is technical in nature. The probability of a serious slowdown in GDP growth is very low. The negative processes that have been... Read more
According to the preliminary assessment of IHS Markit, the composite index of business activity of the eurozone in October was 50.2 points. Its slight rise from 50.1 points in September indicates that the eurozone economy remains close to stagnation... Read more
American mortgage corporation Freddie Mac reported a significant weekly increase in mortgage rates. Thus, the average size of the mortgage rate for 30 years increased from 3.57% to 3.69%. And the mortgage rate for 15 years increased from 3.05% to 3.1... Read more
The October report of the Bundesbank, which he publishes monthly, indicates that the country's economy is likely to have entered a technical recession. The results for the third quarter are likely to show a decline in gross domestic product. And... Read more
