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BERLIN (Reuters) – German consumer sentiment improved further heading into May as the prospect of a new government appeared to soothe households, countering some of the uncertainty unleashed by tensions over import tariffs for now, a survey indicated on Friday. The consumer sentiment index, published by the GfK market research institute and the Nuremberg Institute …

German consumer sentiment improves in May but still weighed by uncertainty, GfK survey shows Read More »

By Sophie Yu and Casey Hall BEIJING/SHANGHAI (Reuters) -Trip numbers are set to reach a three-year post-COVID high during China’s upcoming May Day public holidays, travel firms say.  The holiday, which begins on May 1 and lasts for five days, is a prime time for travel, with pleasant spring weather making it more appealing than …

Surge in trips expected for Chinese holiday, but travellers keep budgets tight Read More »

By Gabriel Burin (Reuters) – Mexico’s economy will barely grow at all this year thanks to the U.S. tariff shock after standing on the brink of technical recession last quarter, a Reuters poll showed. Extreme uncertainty over U.S. President Donald Trump’s push to rearrange global trade is set to continue hurting private spending and investment …

Mexico economy to barely grow this year thanks to US tariff shock – Reuters poll Read More »

By Hari Kishan BENGALURU (Reuters) -Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said U.S. President Donald Trump’s tariffs have damaged business sentiment. Just three months ago, the same group of economists covering nearly 50 economies had …

Risk of global economic recession surges on US tariff shockwaves Read More »

By Sukriti Gupta and Nikhil Sharma (Reuters) – European shares extended gains on Monday, with most sub-indexes rising, as investors remained optimistic about U.S.-China trade tensions easing ahead of the week’s earnings and economic data. The pan-European STOXX 600 index ended 0.5% higher, its fifth winning session in a row – a feat last seen …

European shares end higher ahead of week’s data, earnings Read More »

By Alun John LONDON (Reuters) -Euro zone government bonds edged higher on Monday, as the unusual absence of U.S. tariff-related headlines left investors waiting for direction from economic data due later in the week. Germany’s 10-year yield rose 2.5 basis points to 2.5%, but was still near the lower end of its recent range. The …

Euro zone yields edge up as traders await economic data Read More »