Week Ending 10th October 2025 US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year. The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid […]

Gold prices edged higher on Friday and were on track for their best weekly gain in three months, as expectations of a Federal Reserve rate cut bolstered bullion’s appeal, while investors awaited U.S. non-farm payrolls data due later in the day. Spot gold was up 0.1% at $3,548.09 per ounce, as of 0741 GMT. Bullion […]

Germany’s economy is showing tentative signs of emerging from a protracted slump, with gross domestic product seen inching up by 0.2% in 2025, according to projections released on Friday by the German Institute for Economic Research (DIW Berlin). This is a downward revision from the previous forecast of 0.3% growth in June. “The German economy […]

German inflation accelerated more than expected in August, bringing an end to the disinflationary process of the last months and adding to the gloom on a day when unemployment topped three million for the first time in a decade. Inflation rose to 2.1%, preliminary data from the federal statistics office showed on Friday. Analysts polled […]

China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity. Retail sales last month rose 3.7% from a year earlier, data from the National Bureau of Statistics showed Friday, sharply missing analysts’ estimates for a 4.6% growth in a Reuters […]

The Bank of England has cut the interest rate for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher in 2025. In a tight decision that saw members of the rate-setting committee vote twice to break a deadlock, the Bank cut the rate to […]

Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure to hit 1.9%, after a 2% reading in June. So-called core inflation, which strips out more volatile food, energy, alcohol and tobacco prices, came in at 2.3% in […]

Microsoft has become only the second publicly traded company after Nvidia to surpass $4 trn (£3.03trn) in market valuation, after registering huge earnings. On Thursday, shares rose on Wall Street with the S&P 500 and Nasdaq climbing to new record highs. Stocks in Microsoft jumped after posting better-than-expected results, helped by its Azure cloud computing […]