News
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U.S. Q1 Stagflation Confirmed – Could Q2 GDP Growth Rebound Above 3%?
TradingKey - Newly released data from the U.S. Department of Commerce shows that the U.S. economy unexpectedly contracted in the first quarter of 2025, reversing a three-year growth trend. Combined with upward revisions to inflation indicators, this confirms that the U.S. economy entered a ...TradingKey
Fri, Jun 27
UBS lifts S&P 500 index's annual target on fading trade tensions
June 27 (Reuters) - UBS Global Wealth Management raised its year-end target for the S&P 500 index .SPX to 6,200 from its prior forecast of 6,000, banking on softening trade uncertainty."We think the recovery makes sense, considering that most largecap companies should weather the tariffs rea...Reuters
Fri, Jun 27
TABLE-Belgian June CPI +2.15% m/m, +0.35% y/y
June 27 (Reuters) - The Belgian Economics Ministry released the following consumer price inflation data on Friday. KEY FIGURESCONSUMER PRICESApril 2025May 2025June 2025Index (base 2013=100)134.44134.23134.70Mth/mth change (in pct)-0.83%-0.16%+0.35%Yr/yr change (in pct)+2.55%+2.01%+2.15%Health in...Reuters
Fri, Jun 27
German commission recommends raising minimum wage to 14.60 euros
BERLIN, June 27 (Reuters) - Germany is set to gradually raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 from its current level of 12.82 euros, according to proposals from a government-appointed commission released on Friday.Initially, the minimum wage is to rise to 13.90 euros at the b...Reuters
Fri, Jun 27
German commission recommends raising minimum wage to 14.60 eur by 2027
BERLIN, June 27 (Reuters) - Germany is set to raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 in two steps from 12.82 euros currently, according to proposals from a government-appointed commission released on Friday.($1 = 0.8535 euros)Reuters
Fri, Jun 27
A luxury experience in China: Global high-end brands bet on conceptual stores to revive sales
Luxury brands shift focus to experiential retail amid China's spending slowdownChinese luxury market declines over 18% in 2024, flat sales expected in 2025Experiential luxury spending rises 5% despite overall market decline, Bain reportsLuxury brands closing stores but opening flagship locations...Reuters
Fri, Jun 27
