consumer confidence News

Wall Street Tumbles as Robust Employment Data Sparks Rate Hike Fears

Wall Street faced a downturn as strong December employment data exceeded expectations, raising fears of interest rate hikes. Earnings reports from Walgreens and Delta Airlines were...

December Sees a Sharp Decline in Euro Area and EU Consumer Confidence

In December 2024, the euro area and EU saw a decline in consumer confidence, with indicators falling to negative 14.5 and 13.4 respectively. The Economic Sentiment and Employment E...

Mixed Reactions in Asia-Pacific Markets Following Inflation and Consumer Reports

The Asia-Pacific stock markets reacted differently on Wednesday following updates on inflation and consumer confidence. Australia saw a rise in inflation, whereas Japan's consumer ...

December Sees a Slight Dip in Japan's Consumer Confidence: What's Behind the Trend?

In December, Japan experienced a slight decrease in consumer confidence, raising questions about the factors affecting consumer sentiment and its implications for the economy. Anal...

Luxury Watches See Unprecedented Demand in India Amid Global Slowdown

Luxury watches are seeing record demand in India, with significant growth in sales across metro and tier-2, tier-3 cities. Brands like Rolex and Omega are benefiting from rising co...

November Sees a 2.2% Surge in US New Home Sales: What's Driving the Market?

US new home sales experienced a 2.2% increase in November, signaling potential growth in consumer confidence and the housing market. Analysts are closely monitoring this trend for ...

US Consumer Confidence Drop Triggers Major Market Downturn

The Dow Jones Industrial Average drops over 300 points after US December consumer confidence data shows a significant decline, impacting major retailers' shares and leading to a ma...

US Stocks Surge as Consumer Confidence Hits 8-Month High

US stock markets closed higher on Friday, driven by positive economic data showing improved consumer confidence and increased personal consumption and income.

Eurozone Consumer Confidence and UK Retail Sales Disappoint, Dragging European Markets Lower

European stock markets closed lower following disappointing economic data from the Eurozone and the UK, with the DAX, FTSE 100, CAC 40, and Eurostoxx 50 all experiencing declines.

Dow Soars by 750 Points Amidst Strong Consumer Confidence and Market Gains

US stock market indexes continue to gain, with the Dow surging by 750 points on Friday, inspired by improved consumer confidence and potential government funding outcomes.

US Stock Market Surges on Strong Consumer Confidence and Spending Data

US stock market indexes reversed early declines to post significant gains driven by positive consumer confidence and personal spending data, overshadowing temporary concerns about ...

December Sees a Decline in Eurozone Consumer Confidence: What's Behind the Dip?

The European Commission reports a decline in the Eurozone's consumer confidence index for December, dropping to negative 14.5 points from the previous month's negative 13.7.

China's Retail Sales Surge: A 3% Boost in November Amid Economic Resilience

China's retail sales saw a 3% increase in November, highlighting the country's economic resilience and steady recovery of consumer confidence.

December Sees Uplift in British Consumer Confidence: GfK Report

GfK report reveals a positive shift in British consumer sentiment during December, potentially signaling a boost in consumer spending and economic activity.

Thailand's Consumer Confidence Rises: Stimulus Measures and Tourism Boost

Thai consumer confidence increased for the second month in November, driven by government economic measures and tourism. The consumer index rose to 56.9, reflecting growing economi...

US Stock Markets Close Mostly Higher Amid Positive Jobs Data and Improved Consumer Confidence

Major Wall Street stock markets closed mostly higher on Friday after the United States Bureau of Labor Statistics reported that 227,000 jobs were created in November, which was sli...