News
- Monday, 26 March 2018
- News
Brexit official tasked with solving Irish border issue quits
David Davis’s Brexit department suffered a blow as the lead civil servant tasked with finding a solution for the Irish border quit after less than a year. Simon Case is leaving his role to become Prince William’s private secretary. He…- Monday, 26 March 2018
- News
The ECB’s Weidmann says Expectations for mid-2019 rate hike is not realistic
The Bundesbank President repeated that the ECB’s policy normalization should start soon, adding again that expectations for a rate hike around the middle of next year are “not unrealistic”. No real surprise there, although there seems a slight delay in…- Monday, 26 March 2018
- News
Gold Price Forecast: Correction Dependent on Risk Recovery
Trade developments, risk appetite and position adjustment are liable to dominate the gold price discussion during the week ahead, with the U.S. interest rate debate on hold for the very short term. Gold moved lower during the first half of…- Wednesday, 21 March 2018
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Federal Reserve Raises Interest Rates at First Meeting with Powell at Helm
The Federal Reserve raised interest rates by a quarter point on Wednesday, its first rate hike this year, in a decision that was widely anticipated by markets. The Federal Open Market Committee increased the overnight funds rate to a range…- Wednesday, 21 March 2018
- News
Existing Home Sales grew by 3.0%
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, grew 3.0 percent to a seasonally adjusted annual rate of 5.54 million in February from 5.38 million in January. After last month’s increase, sales are…- Wednesday, 21 March 2018
- News
Manufacturing output growth slows but remains strong, CBI survey shows
Manufacturing order books weakened in the three months to March, but remained well above their long-run average, according to the latest monthly CBI Industrial Trends Survey. 29% of manufacturers reported total order books to be above normal, and 25% said…- Wednesday, 21 March 2018
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UK Unemployment Rate fell to 4.3%
Estimates from the Labour Force Survey show that, between August to October 2017 and November 2017 to January 2018, the number of people in work and the number of unemployed people both increased, but the number of people aged from…- Tuesday, 20 March 2018
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ZEW Economic Sentiment fell more than expected
The ZEW Indicator of Economic Sentiment for Germany decreased sharply in March 2018. The index has fallen by 12.7 points compared to the previous month, now standing at 5.1 points (long-term average: 23.6 points). The percentage of experts anticipating a…- Tuesday, 20 March 2018
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U.K. CPI increased by 2.7%
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.5% in February 2018, down from 2.7% in January 2018. The largest downward contributions to the change in the rate came from transport and food prices,…- Tuesday, 20 March 2018
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The RBA is uncertain and in no rush to move interest rates
The minutes of the RBA’s March policy meeting offered very little new information for markets. It remains optimistic about the Australian and global economy yet remains uncertain about the outlook for Australian household spending and wage growth. Until that uncertainty…- Popular
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UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
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Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
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German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
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China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…