Swiggy’s Impressive Growth, German Business Confidence, Global Economic Calendar

Swiggy reports a 24% increase in revenue and plans for an IPO. German ifo business confidence data to be released. Traders and investors monitor key economic events worldwide. Plus, the UK faces challenges in the housing market and job market.

Sources:
https://economictimes.indiatimes.com/tech/technology/swiggys-fy24-revenue-up-24-quick-commerce-unit-economics-improve-prosus/articleshow/111223536.cms
https://www.rttnews.com/3455887/european-economic-news-preview-german-ifo-business-confidence-due.aspx
https://www.kaohooninternational.com/economics/541252
https://www.theguardian.com/business/live/2024/jun/24/uk-economic-misery-index-election-advertised-salaries-fall-ftse-stock-markets-business-live

Outline:
(00:00:00) Introduction
(00:00:50) Swiggy’s FY24 revenue up 24%; quick commerce unit economics improve: Prosus
(00:03:34) European Economic News Preview: German Ifo Business Confidence Due
(00:06:05) Economic Calendar for 24 - 28 June 2024 with Fed's and ECB's Speeches, GDP, and Inflation Data
(00:08:13) UK facing rise in economic Misery Index; advertised salaries fall