German investors’ confidence in current economic conditions is its lowest since December 2022, according to the ZEW Indicator of Economic Sentiment, a monthly survey by the country’s ZEW economic research organization.
Category: 28 April 2026
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EU COUNTRIES RAISE TAXES ON WAGES TO DECADE HIGHS
Cash-strapped European governments have raised taxes on wages to their highest rates in almost 10 years to collect quick money to fund business and household aid programs, as soaring energy bills squeeze consumer, business, and national budgets.
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U.K. CONSUMER CONFIDENCE TANKS IN APRIL
Confidence in the U.K.’s economic prospects among British households fell four points last month to -25 in a survey by global research firm GfK.
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BRITAIN’S ECONOMIC OUTPUT JUMPS TO GET AHEAD OF WAR’S IMPACT
After a brief slump at the onset of the Iran War, the U.K.’s private sector has rebounded, according to S&P Global’s purchasing managers index (PMI) for April.
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COMPANIES SURGE PRODUCTION TO BEAT SUPPLY CHAIN DISRUPTIONS
Factory output in Britain, France, India, and Japan rose in March, according to Standard & Poor’s purchasing managers' indexes, even as the Iran War raged.
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GLOBAL CURRENCIES RISE IN VALUE AS U.S. DOLLAR SLIDES
The U.S. dollar’s value rose early in the Iran War as investors sought safety and saw the U.S. as somewhat insulated from the war’s global economic damage.
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ORACLE’S MASSIVE LOAN OBLIGATIONS CRIMP FUTURE BORROWING
After signing a $300-billion contract to provide cloud services to OpenAI, Oracle has committed so much money to leasing data centers that it has limited its own ability to borrow much more, The Wall Street Journal reported.
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DESPITE WAR, CORPORATE EARNINGS GROWTH “EXCEPTIONAL”
With the Iran War unsettled and consumers mired in gloom, U.S. corporations are piling up profits as fast as ever.
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U.S. CONSUMER SENTIMENT TANKS IN APRIL
U.S. households have never been as glum about the state of the economy as they were in April, according to the University of Michigan’s monthly survey of consumer sentiment.