SUBSCRIBERS
Euro-area confidence hits highest in decade as ECB debates QE exit
Published Thu, Jun 29, 2017 · 09:50 PM
Madrid
EURO-AREA economic confidence jumped to the highest level in a decade as the European Central Bank (ECB) edged towards unwinding unprecedented stimulus.
An index of executive and consumer sentiment rose to 111.1 in June from 109.2 in May, the European Commission in Brussels said Thursday. The reading is the strongest since August 2007 and compares with a median estimate of 109.5 in a Bloomberg survey of economists.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected
Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions