31st October 2024

  • US Economy Expands at 2.8% Rate, Powered by Resilient Consumer

Consumer spending advanced 3.7%, the most since early 2023

Third-quarter GDP growth restrained by wider trade deficit

https://blinks.bloomberg.com/news/stories/SM682MT1UM0W

  • US Hiring in ADP Data Rises to Fastest Pace in More Than a Year

Private payrolls rose 233,000 in October, above all forecasts

Job growth strong despite hurricanes battering Southeast

https://blinks.bloomberg.com/news/stories/SM666XDWRGG0

  • Eurozone Growth Beats Expectations, Germany Dodges Recession (1)

Third-quarter GDP up 0.4%, economists saw 0.2% expansion

Surprise German growth adds to faster momentum in France

https://blinks.bloomberg.com/news/stories/SM606GT0G1KW

  • Reeves Lifts UK Taxes by £40 Billion in Post-Election Budget

Chancellor’s statement first by Labour government since 2010

Reeves frames tax rises as necessary to repair public finances

https://blinks.bloomberg.com/news/stories/SM67KFT1UM0W

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