... been observed in most countries around the world. In some places, the growth is more pronounced than in others, but the trend is clear. Asian countries are demonstrating the highest GDP growth rates. According to experts, the likelihood of a global recession is gradually decreasing. This is due to economic stimulation in China, rising asset prices, and the prudent policies of central banks in many countries, among other factors. All of this contributes to the acceleration of global economic growth....

... Industrial Production for October Industrial production is a vital indicator of Germany's economic health, the Eurozone's largest exporter. An increase suggests economic recovery, benefiting the euro, whereas a slowdown may raise concerns about a Eurozone recession. 13:00 MSK: Eurozone — Q3 2024 GDP The Eurozone's Gross Domestic Product data for the third quarter will provide insights into the region's economic recovery pace. Positive figures could bolster the euro and market optimism, while weak data ...

... for April–June 2025 will be released in the morning at 09:00 MSK. This data will reflect how the UK economy coped with the impact of high interest rates and inflation during the second quarter. If GDP shows zero growth or a decline, concerns about a recession in the UK will intensify — potentially putting pressure on the pound sterling and the stocks of British companies. Conversely, moderate positive growth could be a pleasant surprise, bolstering hopes for a "soft landing" for the economy....

... Index unexpectedly rose slightly in July to 88.6 points (up from 88.4 in June), although analysts had anticipated a decline. This small increase in business confidence indicates that the largest economy in Europe is temporarily avoiding a deepening recession, although the level of optimism remains low. In the UK, in contrast, consumer sentiment statistics were moderate: retail sales in June rose by 0.9% month-over-month (following a decline in May), which raises hopes for household spending resilience ...

... Germany, the Ifo business climate index unexpectedly edged up in July (to 88.6 points from 88.4 in June), although this remains below forecasts. This modest increase in business sentiment suggests that the largest economy in Europe is avoiding a deeper recession for now, although companies continue to exercise caution. In the UK, moderate retail sales data emerged: in June, sales volume increased by about 0.9% m/m after a decline in May, raising hopes for the resilience of consumer spending despite ...