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German govt bonds resilient to inflation, raise outlook for ECB

Bloomberg Investors are clinging to their German government bonds, looking beyond a report on Thursday that’s predicted to confirm that euro-area inflation accelerated last month to the fastest rate since 2014. As more forward-looking measures signal the European Central Bank is struggling to meet its longer-term consumer-price objectives, the yield on benchmark German 10-year securities stayed about 0.1 percentage point ...

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Consumer spending drives UK growth as investment slumps

Bloomberg Consumer spending drove the U.K. economy to a 12th straight quarter of growth as the global slowdown took its toll on exporters and business investment slumped. Household spending rose 0.7 percent between October and December, helping to counter a second quarter of declining exports and the biggest drop in business investment in almost two years, the Office for National ...

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Spanish consumers sustain growth momentum as poll impasse stays

Bloomberg The strength of Spanish consumers helped maintain momentum in the fourth quarter as an inconclusive election result led to political gridlock. Household consumption showed signs of resistance expanding 0.8 percent from the previous three months, when it grew 1.1 percent, the Madrid-based National Statistics Institute said on Thursday. Gross domestic product expanded 0.8 percent in the three months to ...

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