Global Events

16 March 07:41 PM EU lists US products it could hit against Trump tariffs
The EU on Friday unveiled a long list of American exports that it could impose tariffs on as a response to Trump tariffs
16 March 05:45 PM US consumer confidence hit 14-year high in March
US consumer sentiment jumped unexpectedly in March to its highest level since March 2004
16 March 01:21 PM European inflation cools more than forecast in February
The Eurozone's annual inflation rate decreased more than expected in January
16 March 12:40 PM Gold prices rebound amid weaker dollar
Gold prices on Friday turned higher, coinciding with a declining US dollar and amid geopolitical concerns
15 March 04:26 PM US import prices grow more than expected in February
US import prices rose for the seventh consecutive month in February, beating analysts' forecasts
15 March 01:50 PM Toys R Us to shut down all US stores
American retail company Toys R Us will close or sell all of its stores in the US, posing serious risks of cutting $30,000 jobs
15 March 12:52 PM Unilever picks Rotterdam for headquarters, denies Brexit as factor
Giant consumer products company Unilever on Thursday announced it has chosen Rotterdam, Netherlands instead of London for its new headquarters
14 March 04:37 PM US retail sales post longest decline period in 6 years
US retail sales decreased unexpectedly for the third consecutive month in February
14 March 01:39 PM European industrial output falls more than forecast in January
The Eurozone's industrial production shrunk more than expected in January
14 March 12:48 PM Trump to escalate trade restrictions against China
The Trump administration may impose up to $60-billion tariffs on Chinese technology and telecommunications imports
13 March 03:03 PM Gold prices fall amid strong dollar, before inflation data
Gold prices fell on Tuesday, driven by stronger dollar ahead of the US inflation data due later in the day
9 March 04:07 PM EU condemns Trump tariffs, calls for exemption
The EU on Friday criticised US President Donald Trump's decision to impose heavy tariffs on steel and aluminum tariffs
9 March 02:28 PM UK trade deficit widens in January
UK trade balance deficit expanded markedly in January
9 March 01:02 PM UK industrial production grows less than forecasts in January
UK industrial output expanded more than expected in January, while manufacturing production posted the longest growth streak of all time
9 March 12:36 PM Chinese inflation hits highest level since 2013
China's inflation rate accelerated more than expected in February, marking its highest level since November 2013
8 March 07:26 PM Draghi sees higher growth, lower inflation, warns Trump tariffs
The ECB upgraded its economic growth forecasts, but cut inflation projections and showed concerns over US potential tariffs
7 March 07:43 PM UK automakers fear Brexit plans to make plants
UK giant car manufacturers expressed concerns over prime minister Theresa May's Brexit plans
7 March 05:23 PM EU threatens to retaliate against Trump’s tariffs
The EU on Wednesday warned that it would take serious safeguard actions against US if US tariffs plans came into effect
6 March 08:38 PM US factory orders post 1st decline in 6 months
Demand on US-manufactured goods fell for the first time in six months during January, reflecting lower business spending
6 March 06:10 PM GM, Ford to incur $1bn if Trump imposes planned tariffs
Giant carmakers General Motors and Ford may each suffer a $1 billion charge if Trump’s plans to impose tariffs on imports came into effect
5 March 05:38 PM New NAFTA deal required to cancel steel, aluminum tariffs-Trump
Trump on Monday said that tariffs on steel and aluminum imports from Mexico and Canada may be cancelled in case of a new NAFTA deal
5 March 02:30 PM European retail sales fall unexpectedly in January, rise on year
The Eurozone's retail trade volume continued decreasing on a monthly basis in January but posted an above-forecast annual growth
2 March 10:47 PM Gold records 2nd weekly losses in row
Gold prices surged on Friday, supported by the decline in the US dollar amidst growing fears of a potential global trade war
2 March 01:35 PM European producer prices grows in January
PPI grew by 0.4% in January, compared with a 0.1% increase in December
2 March 12:46 PM US to impose more tariffs on steel, aluminum imports-Trump
The US President Donald Trump said that the US is set to impose heavy tariffs on imports of steel and aluminum