News
- Monday, 20 November 2017
- News
What to expect from Philip Hammond's Budget this week
Chancellor Philip Hammond will this week deliver his first ever Autumn Budget against a backdrop of slowing economic growth, continued uncertainty about the form Brexit will take, and a government that is so fragile it could collapse any minute. Hammond,…
- Monday, 20 November 2017
- News
Merkel's fail to form coalition hurts euro
The failure of Angela Merkel to form a coalition government has sent shockwaves into forex and the Euro has been wounded. Chancellor Merkel will try to form a government, but if her attempts fail again it will make traders nervous…
- Monday, 20 November 2017
- News
German PPI rose by 0.3%
In October 2017 the index of producer prices for industrial products rose by 2.7% compared with the corresponding month of the preceding year. In September 2017 the annual rate of change all over had been 3.1%, as reported by the…
- Monday, 20 November 2017
- News
Aussie little changed in a quite Monday trade
Asian markets turned lower on Monday as the correction that has hit global equities moved into another week, while the euro faced fresh pressure after German Chancellor Angela Merkel failed to form a government at the weekend. Traders tracked a…
- Friday, 17 November 2017
- News
US Housing Starts at the highest level this year
U.S. new-home construction rebounded in October to the fastest pace in a year, partly reflecting recovery efforts in the hurricane-stricken South, government figures showed Friday. A pickup in permit applications for one- family dwellings indicates building will remain firm in…
- Friday, 17 November 2017
- News
Eurozone Current Account recorded a surplus of €37.8 billion
The current account of the euro area recorded a surplus of €37.8 billion in September 2017. This reflected surpluses for goods (€35.2 billion), primary income (€9.7 billion) and services (€7.3 billion), which were partly offset by a deficit for secondary…
- Friday, 17 November 2017
- News
Draghi says there is a growing confidence in economy
Mario Draghi gave the keynote speech at the Frankfurt European Banking Congress this morning in which he focused on the strong outlook for the Eurozone economy and how his monetary policy is playing a vital role. The speech was peppered…
- Friday, 17 November 2017
- News
New Motor Vehicle Sales unchachanged
The October 2017 trend estimate (99,106) decreased by 0.4% when compared with September 2017. In seasonally adjusted terms there was no change. When comparing national trend estimates for October 2017 with September 2017, sales for Other vehicles increased by 0.4%.…
- Thursday, 16 November 2017
- News
US Unemployment Claims at a six-week high
U.S. filings for unemployment benefits rose to a six-week high, a move that may partly owe to volatility around the Veterans Day holiday, Labor Department figures showed Thursday. Jobless claims increased by 10k to 249k (est. 235k). Continuing claims fell…
- Thursday, 16 November 2017
- News
Eurozone Final CPI down to 1.4%
Euro area annual inflation was 1.4% in October 2017, down from 1.5% in September. In October 2016, the rate was 0.5%. European Union annual inflation was 1.7% in October 2017, down from 1.8% in September. A year earlier the rate…- 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… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
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…
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