Data showed that German industrial orders rose for the second consecutive month in February, driven by strong domestic demand, in another indication that manufacturers are about to cushion the impact of the pandemic-related decline in production in general in the first quarter. But the growth prospects for Europe’s largest economy …

Oil prices fell on Thursday, April 8th, after official data revealed that US gasoline stocks rose significantly, raising concerns about weak demand in the world’s largest consumer of crude at a time when supplies rose around the world. Brent crude fell 51 cents, or 0.8%, to $ 62.65 a barrel. …

European stocks hit record highs Thursday, April 8, thanks to optimism about a stimulus-driven global economic recovery after the US Federal Reserve pledged to keep monetary policy soft. The European Stoxx600 index rose 0.5%, to consolidate the gains it made this week when it wiped out all the losses driven …

Data from the Robert Koch Institute for Infectious Diseases on Thursday showed that the number of confirmed cases of Coronavirus in Germany has risen to two million and 930,852 cases after 20,407 new infections were recorded. The data also showed an increase in the number of deaths to 77,707, after …

Gold rose and reached peaks during the early European session today, with the bulls making a fresh attempt to break a strong barrier near $1.745-46. After falling yesterday, the yellow metal managed to regain some positive momentum on Thursday and the US dollar tried to take advantage of the modest …

Japanese shares fell on Thursday, April 8, as they came under pressure from a rise in domestic infections with the Coronavirus and the possible return of restrictions on economic activity. The Nikkei index fell 0.07% to 29,708.98 points, while the broader Topix index fell 0.79% to 1,951.86 points. The Tokyo …

According to a statement from the Group of Twenty, global financial leaders agreed on Wednesday (April 7) to increase the International Monetary Fund’s reserves of $ 650 billion and extend a freeze on debt service payments aimed at helping developing countries confront the Coronavirus pandemic. The group’s finance ministers and …

Canada’s merchandise trade surplus with the world narrowed to $ 1,04 billion in February from $ 1.2 billion in January, the monthly data published by Statistics Canada revealed on Wednesday. This reading came in slightly better than analysts’ estimate for a surplus of $ 1 billion.

The goods and services deficit of the US widened by $3.3 billion to $71.1 billion in February, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday.

In a sign of the accelerating shift towards electric cars in Britain, last March recorded sales of 13.9 percent of total car sales in the country, a record high compared to March 2020, when sector sales recorded only 7.3 percent According to the Association of Car Manufacturers and Dealers in …