L’endettement total des consommateurs dépasse les 2 billions de dollars NYSE:EFX

[ad_1] TORONTO, 30 nov. 2020 (GLOBE NEWSWIRE) — Selon le plus récent rapport d’Equifax Canada sur les conditions du crédit à la consommation, la croissance soutenue du marché de l’habitation et les nouveaux prêts automobiles ont fait grimper la dette des consommateurs de 3,8 % pour atteindre 2 041 billions de dollars au troisième trimestre. La dette moyenne … Read moreL’endettement total des consommateurs dépasse les 2 billions de dollars NYSE:EFX

Total Outstanding Consumer Debt Tops $2 Trillion NYSE:EFX

[ad_1] TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Continued growth in the housing market and new auto loans led the way in driving total consumer debt up by 3.8 per cent to $2.041 trillion in the third quarter, according to Equifax Canada’s most recent report on consumer credit conditions. Overall average consumer debt rose to … Read moreTotal Outstanding Consumer Debt Tops $2 Trillion NYSE:EFX

Indian Economy Probably Picked up in Sept qtr

[ad_1] NEW DELHI, Nov 27 (Reuters) – India’s economy is likely to have shown signs of a pick-up in the quarter to September after a record contraction the previous quarter, and is expected to recover early next year on hopes of better consumer demand fed by progress on coronavirus vaccines. Economists in a Reuters poll … Read moreIndian Economy Probably Picked up in Sept qtr

Iran could Rebound to 4.4% Growth if U.S. Sanctions Lifted

[ad_1] Iran’s economy could grow 4.4% next year if U.S. President-elect Joe Biden lifts sanctions that have contributed to a deep three-year recession, although the COVID-19 crisis could limit foreign investment, the Institute of International Finance (IIF) said. Biden’s victory in the Nov. 3 U.S. election has raised chances that the United States could rejoin … Read moreIran could Rebound to 4.4% Growth if U.S. Sanctions Lifted

German Economy Grew by 8.5% in Q3, but Recession Fears Grow

[ad_1] Germany’s gross domestic product grew by a record 8.5% in the third quarter as Europe’s largest economy partly recovered from an unprecedented plunge caused by the first wave of the COVID-19 pandemic in spring, the statistics office said on Tuesday. The stronger-than expected rebound was mainly driven by higher household spending and soaring exports, … Read moreGerman Economy Grew by 8.5% in Q3, but Recession Fears Grow

Wall St Dips on Concerns over Fading Stimulus, Virus Fears

[ad_1] Wall Street’s main indexes dipped on Friday as fears grew over fading stimulus and the blow to the economy from increasing coronavirus infections. U.S. Treasury Secretary Steven Mnuchin on Friday defended his decision to end several of the Federal Reserve’s key pandemic lending programs on Dec. 31, saying Congress should use the money to … Read moreWall St Dips on Concerns over Fading Stimulus, Virus Fears

Japan’s Economy Vaults Back, but Outlook Murky

[ad_1] Japan’s economy grew at the fastest pace on record in the third quarter, rebounding sharply from its biggest postwar slump, as improved exports and consumption helped the country emerge from the damage caused by the coronavirus pandemic. However, analysts painted the sharp bounceback as a one-off from the depths of recession, and cautioned that … Read moreJapan’s Economy Vaults Back, but Outlook Murky

Oil Falls on COVID-19 Surge But on Track for Weekly Gain

[ad_1] Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to rising COVID-19 infections, but the market remained on track for a second straight weekly gain, helped by hopes for a vaccine. Brent crude was down 51 cents, or 1.2%, at $43.02 a barrel as … Read moreOil Falls on COVID-19 Surge But on Track for Weekly Gain

Malaysia’s economy dips 2.7% y/y in Q3

[ad_1] KUALA LUMPUR, Nov 13 (Reuters) – Malaysia’s economy shrank by less than expected in the third quarter from a year earlier as easing coronavirus restrictions helped boost domestic consumption and exports, the central bank said on Friday. The economy fell 2.7% in the July-September period, by less than a 3.2% fall forecast in a … Read moreMalaysia’s economy dips 2.7% y/y in Q3

Polish Economy Bounces Back in Third Quarter

[ad_1] GDANSK/WARSAW Nov 13 (Reuters) – The Polish economy rebounded in the third quarter, statistics office data showed on Friday, after shoppers returned and industry picked up, but analysts say any relief could be short-lived with a tough second wave of COVID-19 on the horizon. Gross domestic product (GDP) rose a seasonally adjusted 7.7% for … Read morePolish Economy Bounces Back in Third Quarter