Economics Page 403

Photo of London barber
UK service sector confidence trimmed and car sales stall

Is the risk of a UK recession increasing? New data from IHS Markit suggests the UK service sector

Adrian Holliday
Service sector growth loses momentum in August

The latest purchasing manager surveys of Britain's services industry showed growth in the country's dominant business sectors slowed further in August

Neil Dennis
eu retail trade
Eurozone retail sales dip by 0.3% in July

The volume of eurozone retail sales dipped by 0.3% in July compared with a month earlier on a seasonally adjusted basis, according to figures from Eurostat

Brian Bollen
Aussie dollar
RBA keeps main rate at record low for 13th straight month

The Reserve Bank of Australia held its main cash rate steady at a record low of 1.5% at its September policy meeting on Tuesday

Neil Dennis
Photo of London shoppers
UK retail sales climb in August though dangers lurk

The British Retail Consortium claims UK retail sales picked up +1.3% in August compared to a 0.9% dip this time last year

Adrian Holliday
Photo of North Korean subway
North Korea fear factor subdues shares

A little down but not rattled. Markets were wary today on North Korean Asian tensions but there were no wild swings

Adrian Holliday

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Rainy Tokyo street, photo
Asian shares sink on Pyongyang nuclear test

The latest escalation of threats following North Korea’s hydrogen bomb test yesterday saw Japanese shares down almost -1% overnight.

Adrian Holliday
Wage written on page next to a dollar
Stocks rise as US employment slows more than expected

All three major indexes have posted gains for the second straight week, despite volume remaining light with a Labor Day weekend looming.

Alison Bloomer
US dollar photo
US jobs disappoints but UK manufacturing lifts

Higher US unemployment and a slower rate of new jobs created did damage to the dollar earlier.

Adrian Holliday
Photo of mario Draghi
Improving eurozone economy tests tapering patience

Rising inflation – consumer prices were up 1.5% in August – and a better jobs picture yesterday gave more leeway

Adrian Holliday
Eurozone CPI inflation hits 1.5% in August

Headline consumer prices in the eurozone rose more quickly than expected in August as volatile energy prices exerted the most upward pressure

Neil Dennis
Gasoline jumps on Harvey disruption

Gasoline surged early today as storm damage continued to put refineries under pressure. In contrast, the storm-induced refinery shutdowns remained bearish for crude.

James Hester
Photo of President Trump at lectern
US economy boosted by Q2 GDP numbers

President Trump was delighted yesterday: US economic growth for the second quarter was estimated at 3%.

Adrian Holliday
Toy plastic forklift placing wood blocks spelling GDP
Markets calm as Tropical storm Harvey rages

As tropical storm Harvey wends its way along the Gulf Coast bringing more rain and flooding in Louisiana, US markets remain sanguine as economic growth picture stays rosy.

Claire Hunte
Photo of devastation of Hurricane Harvey
Shell warns on cost of Houston damage

Shell chief Ben van Beurden has warned that US Hurricane Harvey is one of the biggest catastrophes the oil operator has had to deal with.

Adrian Holliday

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