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UK firms to offer higher pay as Brexit deters EU workers

British employers are having to raise their pay offers in the face of growing recruitment problems, two surveys showed on Wednesday, following a fall in the number of European Union workers since the Brexit vote. Stronger pay growth would ease…

French Trade Balance defict widened in September

France's trade deficit widened in September to stand at 4.7 billion euros ($5.45 billion) from 4.2 billion in the previous month, the custom's office said on Wednesday, as imports outpaced exports due partly to fewer overseas sales of agricultural products…

China's Trade Balance missed market forecasts

China's exports and import growth eased in October in a sign the world's second-largest economy is starting to cool after a strong first half, with momentum seen slackening further as Beijing's crackdown on pollution hits factory output. The trade data…

U.S. Job Openings at 6.1 million

On the last business day of September, there were 6.1 million job openings, little changed from August. Job openings have been at or near record high levels since June. The job openings rate was 4.0 percent in September. The number…

Eurozone Retail Sales up by 0.3%

In September 2017 compared with August 2017, the seasonally adjusted volume of retail trade rose by 0.7% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.…

House prices rising at fastest rate since start of year, says Halifax

House prices in the UK are rising at their fastest rate since the start of the year, largely due to a shortage of homes on the market, according to mortgage lender Halifax. Its house price index shows property values up…

RBA left interest rates unchanged

The Reserve Bank of Australia on Tuesday held its benchmark cash rate at 1.50% as expected, signaling it is watching the housing market closely and that a higher Australian dollar is restraining price pressures. RBA governor Philip Lowe said the…

Eurozone PPI up by 0.6%

In September 2017, compared with August 2017, industrial producer prices rose by 0.6% in both the euro area (EA19) and the EU28. In August 2017, prices increased by 0.3% in the euro area and by 0.4% in the EU28. In…

Spanish Services PMI declined to 54.6

The Spanish service sector remained comfortably in growth territory during October, seeing marked increases in activity and new business, as well as a faster pace of job creation. That said, the rate of expansion in business activity was the slowest…

German Factory Orders rose by 1.0%

Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had increased in September 2017 a seasonally and working-day adjusted 1.0% on the previous month. In the past two months, German companies have received…

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