Over the past two weeks, Bank of America clients have recorded record sales of shares of large companies, which has become one of the largest movements since 2008. Last week's net capital outflow amounted to $5.7 billion, which is the second week in a row with a figure of more than $5 billion. At the same time, exchange-traded equity investment funds (ETFs) raised $1 billion.According to analysts, the stock sales in two weeks were the third largest since 2008, mainly due to large companies. Shar... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More
The economy of Canada soared more than the forecast of 0.2 percent in July, which in turn increases... Read More
The US consumer confidence grew to an 18-year high in September with households progressing more... Read More
UK inflation grew unexpectedly in the month of August due to transportation, computer games,... Read More
Japan’s monetary policy remained steady on Wednesday with a positive outlook on the economy despite ... Read More
The German economy is expected to rise around 2 percent this year, more or less 0.1 percent,... Read More
The central bank of France forecasts an increase by 1.6 percent annually to 2020 amid the steady... Read More
Japanese manufacturers’ confidence dropped this month, following a seven-month high in August. The s... Read More
Factory production in the eurozone fell in July for a second successive month, greater than the... Read More
China’s producer inflation subdued in August despite weakened domestic demand. It signals a slow s... Read More
On Sunday, Sweden had a poll whether to elect a new government because most of the analysts... Read More
The eurozone rose by 0.4 percent in the second quarter based on the report by the Eurostat... Read More
On Thursday, the Ifo economic institute announced its increased on 2018 economic growth outlook for... Read More
The resilient economy of Australia showed robust growth during the Apr-Jun quarter this year, along... Read More
Eurozone producer prices marginally increased higher than the forecast in July because of higher... Read More
UK manufacturers had a lackluster month after a couple of years while exports had an unusual... Read More
The Japanese manufacturing activity rose in August at a slightly quicker pace compared to the... Read More
The services sector in China gained momentum in August following a decline in the previous month,... Read More
According to reports of the Bank of England, the new credit lines for July reaches £0.817BN, which ... Read More
The central bank of Mexico adjusted lower their forecast for this year and the next, based on the... Read More
The American economy had increased its Q2 annual rate at 4.2 percent, according to the Commerce... Read More
The US consumer confidence rose in August, almost at an 18-year high with a boost from households... Read More
The New Zealand Institute of Economic Research (NZIER) decided to reduce its economic growth... Read More
French Finance Minister Bruno Le Maire told Turkish counterpart Berat Albayrak at a meeting on... Read More
The debt prices of the U.S. government dropped lower on Friday trading. The benchmark yield of the... Read More