Inflation

JPMorgan opens earnings season with profit rise and risk warning
Business

JPMorgan opens earnings season with profit rise and risk warning

The largest US bank JPMorgan kicked off earnings season with a modest 6% annual rise in first-quarter profits on Friday, however,…
Inflation cools in Germany and France as food and energy prices fall
Business

Inflation cools in Germany and France as food and energy prices fall

Germany’s year-on-year inflation for March 2024 was released on Friday morning, clocking in at 2.2%, according to the Federal Statistical…
European consumers reluctant to splash cash despite slowing inflation
Business

European consumers reluctant to splash cash despite slowing inflation

The volume of retail sales in the eurozone fell by 0.5% month-over-month in February, more than expected, and by 0.4% in…
Prices hardly rise in Switzerland: What’s behind its falling inflation?
Business

Prices hardly rise in Switzerland: What’s behind its falling inflation?

Annual inflation slowed as prices rose 1% compared to the previous year in Switzerland, the Federal Statistical Office reported on…
Gold hits record high: Why investors are turning to the precious metal
Sport

Gold hits record high: Why investors are turning to the precious metal

Gold prices soared to all-time highs of $2,266.6 (€2,107.9) per troy ounce on Tuesday, before settling lower at $2,257.8 per…
Gold hits record high: Why investors are turning to the precious metal
World

Gold hits record high: Why investors are turning to the precious metal

Gold prices soared to all-time highs of $2,266.6 (€2,107.9) per troy ounce on Tuesday, before settling lower at $2,257.8 per…
Turkey’s inflation figure soars to hit its highest level since November 2022
Business

Turkey’s inflation figure soars to hit its highest level since November 2022

Turkey is still grappling with stickier-than-anticipated inflation, with March 2024’s year-on-year inflation print coming in at 68.5%, according to the…
‘Outside of the banks’: Swiss fintech startup to help customers from struggling economies
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‘Outside of the banks’: Swiss fintech startup to help customers from struggling economies

A Swiss fintech called nsave is developing an offshore bank account to help those from fragile economies secure their money…
Eurozone inflation falls more than expected: A green light for ECB rate cuts?
Business

Eurozone inflation falls more than expected: A green light for ECB rate cuts?

Eurozone inflation fell more than economists had anticipated last month, further solidifying expectations of monetary policy easing by the European…
Inflation cools in Germany as interest rates hamper growth and hopes rise for a rate cut
Business

Inflation cools in Germany as interest rates hamper growth and hopes rise for a rate cut

German inflation eased in March to an annual rise of 2.3%, according to preliminary data released by the country’s official…
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