Market News
BERLIN, Sept 28 - German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could be the beginning of the end for high inflation that has weighed heavily on Europe's largest economy.
The states' September inflation rates ranged from 4.1% in Bavaria, down from 5.9% the month before, to 5.6% in Brandenburg, down from 7.1%. Analysts forecast national German inflation in September falling sharply, to 4.5% from 6.4% last month. The statistics office is set to publish national inflation at 1200 GMT.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
German inflation likely to ease in September, key states indicateBERLIN (Reuters) - German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what ...
Read more »
Stock market today: Wall Street drops as its September slump gets even worseNEW YORK (AP) — Wall Street’s September swoon accelerated, knocking stocks down to their lowest levels since June. The S&P 500 fell 1.5% Tuesday, its fifth drop in six days. The Dow lost 388 points and the Nasdaq composite gave back 1.6%.
Read more »
German Labor Market Shows Signs of Cracking as Economy StrugglesGerman companies are thinking twice about hiring staff amid an increasingly uncertain economic environment, according to a study by the Ifo Institute.
Read more »
Market mind: Dollar glimmers in broad market gloomGerman and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce the gloom that's enveloped markets in recent days. Oil's spike to one-year highs has poured fuel on selling in the bond market and further pumped up the dollar, while global stocks have dropped for nine sessions in a row. The greenback stands at a 10-month high against a basket of other majors, and 10-year Treasury yields are hovering at a 16-year peak.
Read more »
Market mind: Dollar glimmers in broad market gloomA look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today ...
Read more »
Stock losses accelerate amid Fed fallout, shutdown worries: Stock market news todayStocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.
Read more »