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1409
Goldman Sachs Raised Its Forecast for Third Quarter U.S. GDP Growth to 35%
On September 10, Goldman Sachs raised its forecast for the third-quarter GDP growth rate of the United States to an annualized rate of 35% from 30%, saying that this was largely driven by the unexpect...
Learn More2020-09-14 Financial News -
1109
OECD Unemployment Rate Remains High after the Second Quarter of 2020
The Organization for Economic Co-operation and Development (OECD) released data on September 9, saying that the overall unemployment rate of its member countries in July was 7.7%, 0.3 percentage point...
Learn More2020-09-11 Financial News -
1109
Profits of American and European Companies Are Falling Faster than Companies of Emer...
According to JP Morgan Chase data, Global corporate profits have fallen by 33% as of the second quarter of 2020. This plunge in corporate profits is similar to the trend during the financial crisis, w...
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1009
EU’s GDP and Employment Shrank Sharply in the Second Quarter
According to the data released by Eurostat on September 8, the Eurozone’s GDP in the second quarter, after seasonal adjustments, fell by 11.8% from the previous quarter, while EU’s GDP fell by 11.4%...
Learn More2020-09-10 Financial News -
1009
A Slowdown in Surging Pork Prices Pushes China's CPI Growth lower in August
The National Bureau of Statistics (NBS) released CPI (Consumer price Index) and PPI (producer price index) data for August 2020 on September 9. The CPI went up by 2.4% year-on-year, 0.3 percentage poi...
Learn More2020-09-10 Financial News