On Wednesday, German GDP was revealed to had grown by 0.2% in the first quarter of 2022, which indicates that there is no economic recession in the German economy.
On Tuesday, the Finance Minister of France Bruno Le Maire stated that the EU would sign the agreement for a global minimum corporate tax on June 17 despite current opposition from Poland.
Airbnb announced this week that the company would shut down its domestic business in China on July 30.
This week, the European Central Bank announced that the crypto markets pose a risk to global financial stability.
On Tuesday, European Purchasing Managers Index survey results revealed that business growth in the Euro Zone had declined in May.
India's top cryptocurrency app CoinSwitch announced on Monday that financial regulators should create certainty for the future pf cryptocurrencies to boost investment.
The stock price for Snap Inc plummeted at the start of the day's trading, as the company announced abysmal quarterly results prior to the market opening. During the first five minutes of trading, the stock price had lost 37.92%
This week, Meta Platforms announced that the company would share its data about political and social-issue ad campaigns, which are run on its Facebook platform.
This week, Christine Lagarde announced that the European Central Bank would return to positive base interest rates by September.
On Monday, JPMorgan increased its forecast for the bank's income from interest rates in 2022.
During Monday's trading hours, the US Dollar plummeted, which boosted commodity and stock prices and various currency exchange rates that include the USD.
Tesla announced on Monday that the company would return its Shanghai production to pre-lockdown levels already on Tuesday.
The Euro has surged against peer currencies, as the President of the European Central Bank Christine Lagarde commented that the ECB would hike interest rates in July.
Harley Davidson has revealed that the company would suspend most of its vehicle production due to parts shortages.
The Managing Director of the International Monetary Fund Kristalina Georgieva has announced that global financial leaders should prepare for additional inflationary shocks
Accounts of the European Central Bank's April 14 meeting have revealed that the policymakers have been arguing over the start of monetary tightening.
Data published this week revealed that in April inflation in Canada was at 6.8%, which is an increase from the previous 6.7% inflation rate.
In April, new US building permit issuance plummeted by 3.2%, reaching a five-month-low level.
This week, the US Treasury Secretary Janet Yellen stated that lockdowns in China have slowed down supply chain recovery and risks could spill over to other economies.
ECB bank supervisor Andrea Enria revealed to Italian media that the central bank had instructed Euro Zone banks to reassess their economic forecasts.
New York Federal Reserve revealed on Thursday that its data shows a worsening of global supply shortages in April.
Eurostat published this week revised inflation data for the Euro Zone. Inflation was revised down to 7.4%, which is still a record high level.
Data released this week revealed that UK annual inflation in April had reached 9.00%, which is a 40-year-high level.
This week, the state of New York sued Amazon over alleged discrimination of disabled and pregnant employees.