Shares march higher after Fed and BoE hikes; dollar regains traction
Global equity markets were still on the front foot on Thursday on relief that the biggest hike in U.S. interest rates in more than two decades hadn’t been even sharper.
‘What a run!’: German exports jump despite supply bottlenecks
German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe’s biggest economy.
German industrial orders bounce back, but supply bottlenecks weigh
German industrial orders rose more than twice as much as expected in June, driven by bookings from domestic clients for large manufacturing products, but weaker turnover suggested that supply bottlenecks continued to hold back production.
