Now playing Next Markets Gold price climbs as investors buy the bullion after Fed rate decision Euronews Business looks at how the markets are performing on Thursday after the US Federal Reserve's latest interest rate decision. 14/12/2023
Now playing Next Economy US Federal Reserve holds rates steady and paves way for cuts in 2024 The US Federal Reserve bank held interest rates steady on Wednesday night and paved the way for potential cuts in 2024. 14/12/2023
Now playing Next Economy First-time buyers look for long-term loans to get on property ladder One-fifth of first-time buyers in the UK wanting to get onto the property ladder are taking out mortgages of more than 35 years, according to UK Finance. 14/12/2023
Now playing Next Economy EU banks amass high reserves despite booming payouts Emergency funds at EU banks remain high whilst shareholders continue to profit from high interest rates. 13/12/2023
Now playing Next Economy Why the UK economy took a surprise tumble in October Euronews Business takes a look at why the UK economy took a surprise tumble in October as the latest Office for National Statistics (ONS) figures are released. 13/12/2023
Now playing Next Markets US prices rise as inflation data dampens rate cut expectations The US's anticipated inflation figures strongly influence trends, especially one day before the Federal Reserve announces its latest monetary policy decision. 12/12/2023
Now playing Next Economy UK wage growth slows and job vacancies fall ahead of BoE rate decision Ahead of the Bank of England’s interest rate decision on Thursday, new data shows the economy is cooling. 12/12/2023
Now playing Next Markets DAX reaches historic highs: What's behind the surge in German stocks? The DAX index, comprising Germany's top 40 companies by market capitalisation, has reached unprecedented heights this week, surging past the 16,500-point mark, a level last witnessed in early August 2023. 12/12/2023
Now playing Next Economy German inflation fall boosts hope of European Central Bank rate cut Inflation in Germany eased more than expected in November, according to official data released on Friday. 08/12/2023
Now playing Next Markets Euro area sovereign bond yields decline on ECB rate cut expectations In recent weeks, sovereign bond yields across the eurozone have experienced a significant downward trend, propelled by mounting market anticipation of forthcoming rate cuts by the European Central Bank (ECB) in 2024. 07/12/2023
Now playing Next Economy Euroviews. Will the ECB cut interest rates next year, and why does it matter? The current mood indicates that the ECB will become the first central bank to cut rates. However, others are saying it is too early to pop open the champagne bottle as the fight against inflation is not over, Osama Rizvi writes. 06/12/2023
Now playing Next Economy Turkey: inflation reaches 62% despite interest rate rise Inflation in Turkey showed a 62% year-on-year rise in November, according to official data published on Monday. 04/12/2023
Now playing Next Economy Euroviews. In a recession, out of one, on the brink? Here’s where Europe stands While the timing of the recession is difficult to predict, one thing that is for sure is that the downside potential to future economic growth of Europe is real, Osama Rizvi writes. 01/12/2023
Now playing Next Economy Euro area inflation slowdown brings ECB's 2% target back into focus Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures. 30/11/2023
Now playing Next Markets Gold price climbs to record high: Why are investors flocking to it? After two lackluster years, gold is staging an impressive comeback in 2023, with the precious metal delivering double-digit gains by the end of November, inching closer to its all-time highs of $2,060 per ounce reached in August 2020. 29/11/2023
Now playing Next Economy German economy shrinks as household spending falls Household spending dropped by 0.3%, driving the Germany economy into contraction in the three months to September. 24/11/2023
Now playing Next Economy Russian consumers in a tight spot as high inflation persists Some Russian pensioners claim they would be unable to afford rent and food without the help of their children, due to soaring levels of inflation. 24/11/2023
Now playing Next Economy Turkey hikes interest rate to 40% - highest in 20 years Turkey's central bank has implemented a sixth consecutive interest rate hike, reaching 40%, in a surprising shift to counter the country's staggering 61.36% inflation. 24/11/2023
Now playing Next Economy Manufacturing sector improves but UK economy not out of the woods yet The latest set of economic data from the UK has come in strong for November indicating that there may be hope for the British economy after all. 23/11/2023
Now playing Next Economy UK retail sales at COVID-19 lockdown levels as cost of living rises UK retail sales have slumped back to COVID-19 lockdown levels, as increased cost of living bites. 17/11/2023