European equities are seen opening higher in the last trading session of the month.
reported a net income drop of about 7% for the second quarter in comparison with the same period a year ago. However, the French bank experienced higher trading volumes and beat market expectations.
Also in France, the statistics office said GDP fell by 13.8% in the second quarter of the year, slightly better than estimates. On Thursday, the German statistics office announced the German economy contracted by 10.1% in the second quarter — the worst reading since records began in 1970.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Germany's economy posts its largest decline since 1970 with GDP shrinking 10% in Q2 | Markets InsiderGermany's economy saw a sharp 10% drop in the second quarter of 2020, the worst quarterly GDP contraction since records began in 1970. Germany'...
Weiterlesen »
News Brief: GDP Preview, Federal Agents Step Back In Portland, Big Tech HearingCommerce Department expected to release grim economic report. Federal law enforcement officers are standing down in Portland, Ore. Four big tech CEOs testify before House panel's anti-trust hearing.
Weiterlesen »
Thai finance ministry slashes 2020 GDP outlook to 8.5% contractionThailand's finance ministry on Thursday slashed its 2020 economic forecast to a record 8.5% contraction in gross domestic product from the 2.8% growth it projected in January, due to the impacts of the coronavirus pandemic.
Weiterlesen »
German GDP slumps by most since 1970 in the second quarterThe eurozone's largest economy shrank 10.1% in the second quarter.
Weiterlesen »
Historic second-quarter GDP report will show how hard the economy crashed in virus shutdownsWhen the government releases GDP data Thursday, it is expected to show an unprecedented, nearly 35% contraction in the second quarter.
Weiterlesen »
3 Months Of Hell: U.S. Economy Drops 32.9%, In Worst GDP Report EverNEW: The coronavirus pandemic triggered the sharpest economic contraction in modern American history — as GDP shrank at an annual rate of 32.9% in the second quarter. 'Horrific,' one economist says. 'We've never seen anything quite like it.'
Weiterlesen »