Wednesday , June 3 2020

Tag Archives: economy

Eurozone warning: Deflation fears haunt EU economy after collapse in global energy prices | City & Business | Finance

Headline inflation in the single currency region fell to 0.1 percent year-over-year from 0.3 percent in April. Figures show energy prices slumped 12 percent year-on-year, having fallen 9.7 percent in April.  Food, alcohol and tobacco prices were down 3.3 percent in May compared with a to a 3.6 percent decline …

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FTSE 100 LIVE: Asian stocks struggle amid growing concerns over global economy recovery | City & Business | Finance

MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive Australian dollar retreated from an overnight two-month high and safe-haven demand drove US Treasury yields back under 0.7 percent. The moves follow a downbeat end to the day on Wall Street, after a report from medical news website …

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