Economy

Economic News

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Danish GDP Growth Revised Lower in Q1

The Danish economy expanded by 1.5% quarter-on-quarter in the first quarter of 2026, falling short of initial estimates for a 1.9% growth but accelerating from a 0.5% expansion in the previous period.Despite the revision, the growth remained broad-based, with sectors beyond pharmaceuticals, includi…

Trading Economics en
Economy
NEWS reuters

Hungary posts €502 million trade surplus in May -stats

Hungary posted a foreign trade surplus (HUTRD=ECI) of €501.8 million in May, the Central Statistics Office (KSH) said on Tuesday.Exports rose by an annual 7.4% in euro terms in May, while imports grew by 6.3% year-on-year, the KSH said.

Reuters en
Economy
trading-economics

UK Business Investment Revised Slightly Higher

Business investment in the United Kingdom increased by 0.9% quarter-on-quarter in the three months to March 2026, slightly above the preliminary estimate of 0.7% and rebounding from an upwardly revised 3.0% decline in the previous period.While the latest reading pointed to a still-fragile recovery…

Trading Economics en
Economy

France suspends 2-euro charge on low-value packages as EU fee kicks in

France is scrapping a two-euro charge on low-value e-commerce packages arriving from outside the European Union from July 1, when a heftier pan-European Union fee kicks in, Serge Papin, the minister for small businesses said on Tuesday.The fee will increase to 5 euros from November, Papin said, as…

Reuters en
Economy
dow-jones

Tankan Likely to Show Slight Fall in Manufacturer Sentiment — Market Talk

The Bank of Japan's tankan corporate sentiment survey, due Wednesday, is expected to show a slight deterioration but largely shrug off the negative impact of the Middle East conflict, according to economists polled by data provider Quick. The diffusion index measuring sentiment among large manufact…

Dow Jones Newswires en
Economy
NEWS reuters

EU's side of U.S. trade deal to come into force on July 1

The European Union's side of a trade deal struck with the United States last year, which will remove import duties on many U.S. goods, will come into force on July 1, said a formal European Union regulatory filing.• The EU said this regulation would apply from July 1 until December 31, 2029.• "Wher…

Reuters en
Economy
trading-economics

European Stocks Set for Stronger Open

European equity markets were on course to open higher on Tuesday as investor sentiment improved, with the recent weakness in technology stocks showing signs of easing.Market participants also turned their attention to the resumption of US-Iran peace talks in Doha, Qatar, following a pause in recent…

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Economyindex
NEWS dow-jones

Singapore Households to Face Higher Energy Costs

By Amanda LeeSingapore households' energy costs are set to rise, which could damp consumer spending and weigh on economic growth.Like many countries in the region, Singapore relies heavily on energy imports from the Middle East. "Natural gas prices had increased sharply from the end of February and…

Dow Jones Newswires en
Economy
NEWS reuters

ECB's Lane: confidence improving but oil price seen high for years

Economic and business confidence is improving across the euro zone but remains below pre-war levels, and oil prices are seen remaining at relatively elevated levels for years, European Central Bank chief economist Philip Lane said on Tuesday."In terms of the overall inflation impulse, the fact that…

Reuters en
EconomyFutures
NEWS reuters

India 10-year bond set for best month in 7 years on oil slide, foreign demand

By Khushi Malhotra and Dharamraj DhutiaIndian government bonds rose on Tuesday, with the benchmark 10-year yield on track for its biggest monthly decline in nearly seven years, supported by lower oil prices and a pickup in foreign buying.The yield on the benchmark 6.94% 2036 bond (IN069436G=CC) was…

Reuters en
BondsEconomy
NEWS reuters

Thailand extends property fee cuts to support sector, government says

Thailand's cabinet on Tuesday agreed to extend cuts in ownership transfer and mortgage registration fees for another year to support the struggling property sector, the government said.The cut in the fees to 0.01% for certain properties will be effective until June 2027, it said in a statement.

Reuters en
Economy
trading-economics

UK Q1 Current Account Deficit Exceeds Forecasts

The UK’s current account deficit narrowed to £22.1 billion (2.8% of GDP) in the first quarter of 2026 from an upwardly revised £27.2 billion in the previous quarter, but remained slightly wider than market expectations of a £21.5 billion shortfall.The primary income deficit decreased to £3.9 billio…

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Economy