News
- Wednesday, 20 June 2018
- News
Oil prices climb higher after bigger-than-expected weekly fall in U.S. crude supplies
The U.S. Energy Information Administration reported Wednesday that crude supplies dropped by 5.9 million barrels for the week ended June 15. Analysts surveyed by S&P Global Platts had forecast a fall of 3.7 million barrels, while the American Petroleum Institute…
- Tuesday, 19 June 2018
- News
Eurozone Current Account recorded a surplus of €28.4 billion
The current account of the euro area recorded a surplus of €28.4 billion in April 2018. This reflected surpluses for goods (€21.0 billion), services (€9.6 billion) and primary income (€8.5 billion), which were partly offset by a deficit for secondary…
- Monday, 18 June 2018
- News
Britain's housing market splits in two as north powers ahead of south
Britain’s housing market has split in two with strong activity in the north and “challenging” conditions in the south, a new report has revealed. Overall, average asking prices moved up 0.4 per cent from a month ago to a new…
- Friday, 15 June 2018
- News
U.S. Consumer Sentiment Rises While Tariffs Weigh on Outlook
U.S. consumer sentiment rose this month amid more-favorable personal finances, while tariffs weighed on Americans’ optimism for the economy and helped boost inflation expectations to a three-year high, according to a University of Michigan report Friday. Sentiment index rose to…
- Thursday, 14 June 2018
- News
Euro trashed on ECB hike delays
The ECB announced no changes to rates (entirely expected) but that the APP beyond September would be tapered from purchases of €30bn in September to €15bn per month in the December quarter before ending in December. That part of it…
- Wednesday, 13 June 2018
- News
UK CPI unchanged in May
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.3% in May 2018, up from 2.2% in April 2018. Rising motor fuel prices produced the largest upward contribution to the change in the rate between…
- Tuesday, 12 June 2018
- News
ZEW report shows major Slump in Economic Outlook
The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 7.9 points in June 2018 and now stands at minus 16.1 points. This is the lowest reading since September 2012 and well below the long-term average of 23.3…
- Monday, 11 June 2018
- News
UK Industrial Production down by 0.8%
In the three months to April 2018, the Index of Production increased by 0.3% compared with the three months to January 2018, due primarily to a rise of 3.2% in energy supply; this was supported by a rise in mining…
- Friday, 08 June 2018
- News
China’s May trade balance (CNY): Surplus shrinks as imports jump
China's trade balance for May, in Yuan terms, came in at CNY 156.51bn versus CNY 148.31bn expected and CNY 182.8bn last. Exports came at +3.2% y/y vs +1.7% expected and +3.7% last, while imports were +15.6% y/y vs +8.6% expected…
- Thursday, 07 June 2018
- News
U.S. weekly jobless claims drop as labor market picks up steam
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions. The robust labor market and firming inflation have cemented expectations the Federal Reserve will raise benchmark U.S. interest rates…- 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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