27 July 2020 Fresh Data Shows Eurozone Economy Remains on Track for 'Tick-shaped' Recovery

The Eurozone economic recovery remains on track according to latest Eurozone and Germany data which shows that while a sharp 'v-shaped' recovery might not be attainable, a 'tick-shaped' recovery is…

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24 July 2020 Retail Sales Surge Followed by Rallying PMIs as Poorly UK Overtakes Eurozone in Coronavirus Recovery

UK retail sales surged in June while IHS Markit PMI surveys suggested that manufacturing and services companies operating in the troubled UK economy pulled ahead of the Eurozone rivals in July, alt…

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21 July 2020 Chancellor Faces Mammoth Task to Right Public Finances after June's Modest Improvement

Chancellor Rishi Sunak launched 2020's comprehensive spending review Tuesday, which is expected to see the government make good on a range of past commitments but will underline the goliathan task …

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16 July 2020 Job Worries Leave Question Mark Lingering Over U.S. Recovery after Sales, Sentiment Recover 

U.S. labour markets continued to haemorrhage jobs last week, leaving a question mark lingering over an economic recovery that was bolstered in June by rising retail spending and a recovery in confi…

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16 July 2020 UK Unemployment Data Comes in Better than Expected

The UK unemployment figure for May came in better than expected, with the ONS reporting 125K jobs had been lost in the three months to May against market expectations for a figure of 234K to be rep…

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15 July 2020 World's First Biologic Treatment for Covid-19 Approved

Pharmaceutical company Biocon have announced one of their drugs used to fight psoriasis has been approved to fight moderate to severe covid-19 infections in patients.

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14 July 2020 UK Economic Rebound Disappoints

The UK economy grew 1.8% in May according to the Office for National Statistics, which is a negative surprise for a market that was expecting growth of 5.5% to be reported.

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