Now playing Next Business Goldman Sachs profits surge ahead to beat forecasts The Wall Street giant's investment banking and trading business drove the results past analysts' estimates. 15/04/2024
Now playing Next Markets Week ahead in the markets: Risk-aversion expected to take centre stage Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings result this week. 15/04/2024
Now playing Next Business JPMorgan opens earnings season with profit rise and risk warning JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls. 12/04/2024
Now playing Next Markets Could the euro reach parity with the dollar as the ECB cuts rates? As the ECB hints at potential interest rate cuts, contrasting with expectations of delayed US Fed easing due to high inflation, the euro faces downward pressure, hitting a six-month low below 1.07 against the dollar. 12/04/2024
Now playing Next Markets The week ahead on the markets with all eyes on the ECB's rate decision This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment. 08/04/2024
Now playing Next Economy Eurozone construction falls on dampened housing activity in March Reductions in commercial and civil engineering activity, as well as a decline in new business also contributed to this figure. 05/04/2024
Now playing Next Markets Weekly round-up: European markets lose steam amid bond jitters The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance on interest rates, which rippled through the global markets. 05/04/2024
Now playing Next Economy Eurozone economic pulse quickens: Can stocks surge further? The Eurozone's private sector growth surges to a ten-month peak, fueled by a robust services sector. Investor confidence remains high, yet further stock market gains depend on continued disinflation and potential ECB rate cuts, with escalating oil prices posing a threat to stability. 04/04/2024
Now playing Next Economy Inflation cools in Germany as interest rates hamper growth Prices increased more slowly than expected in March according to official figures, fuelling hopes for an ECB rate cut. 02/04/2024
Now playing Next Economy Spain's economy expands: Why is it outperforming its European peers? Spain's Gross domestic product (GDP), the measure of value created through the production of goods and services, expanded 0.6% in the fourth quarter of 2023 from the previous quarter. 26/03/2024
Now playing Next Economy Turkey hikes interest rate to 50% in surprise move The increase comes after a pause last month which led experts to believe another freeze would follow suit. Yet chronic inflation still persists. 21/03/2024
Now playing Next Economy Why the Swiss central bank made a surprise cut to its key interest The Swiss National Bank (SNB) said on Thursday it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial centre to announce a cut in recent months. 21/03/2024
Now playing Next Economy Fed clears path for rate cuts: Powell lifts stocks and gold higher The Federal Reserve has set the stage for interest rate cuts later this year, indicating a shift from its long-standing restrictive policy. March's FOMC meeting kept rates stable but hinted at three cuts in 2024. The projection spiked investor confidence, pushing the S&P 500 and gold to record highs 21/03/2024
Now playing Next Economy Germany's commercial real estate plunge could be a threat for banks Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector. 20/03/2024
Now playing Next Economy Bank of Japan ends opts for first interest rate hike in 17 years Japan's central bank has decided to end its era of negative interest rates following signs that the country's decades-long deflation is coming to an end. 19/03/2024
Now playing Next Economy IMF: Emerging European economies need high interest rates for longer Inflation is proving more stubborn in central, eastern and southeastern Europe, says the International Monetary Fund, meaning a soft landing must be handled carefully. 15/03/2024
Now playing Next Economy Ukraine slashes interest rates to 14.5%, Finnish inflation slides Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices. 14/03/2024
Now playing Next Economy UK unemployment rises and wage growth cools Weakness in the job market suggests inflationary pressures are easing, although the Bank of England will likely remain cautious about rate cuts. 12/03/2024
Now playing Next Economy Cash no longer king - how Britain makes a mint from cards The Treasury is making a mint from Britain's increasingly cash-free society. 11/03/2024
Now playing Next Markets Gold prices reach all-time highs: Which European stocks may benefit? Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024. 08/03/2024
