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Economic News Page 5


Halifax reports slowing house price growth in January

House price growth in the UK slowed in January, as did the rate of new houses coming onto the market, according to data from British mortgage lender Halifax on Wednesday

Neil Dennis

US stocks see choppy trade as volatility rises

US stocks saw choppy trading on Tuesday with the Dow staging a recovery after starting the session on a weak footing.

James Hester

US trade deficit jumps amid surging imports

The US trade deficit rose to its highest level since 2008 in December as strong domestic demand led to surging imports.

James Hester

US dollar trades higher as risk aversion remains

The US dollar traded higher on Tuesday as investor risk aversion continued.

James Hester
Aussie dollar

RBA leaves Aussie rate at a record low of 1.5%

Australia's central bank left its main monetary policy settings on hold on Tuesday as concerns over weak household consumption outweighed any hint of building inflationary pressures.

Neil Dennis
Pins in pin board in German flag colours

Strong start for German industry as factory orders surged in December

German factory orders recorded an upswing in December 2017, adjusted for seasonal swings and inflation, orders jumped 3.8% the Economy Ministry in Berlin said on Tuesday.

Claire Hunte
Display at Borough Market

A tale of two retails as food growth surges while non-food slumps

The latest figures from the British Retail Consortium show growth in retail post-holiday season was sluggish at best. In January, UK retail sales crept up 0.6% from the same period last year but food sales bucked the trend.

Claire Hunte

US services activity at strongest level in 12 years

The US economy likely picked up in January as survey data suggested services sector activity reached its highest level in over 12 years.

James Hester
customs control

UK confirms it will leave EU customs union

The UK government has confirmed that Britain will definitely be leaving the EU customs union after a week of conflict within the Conservative party.

Richard Reed
Car transporter

New car sales down again in January as drivers dump diesels

UK new car sales stayed in reverse gear during January, falling 6.3% on the same period in 2017 due to political uncertainty and fears over higher taxes on diesels.

Richard Reed

Britain’s services output growth dips in January

Growth in Britain's dominant services sectors dipped in January as lingering concerns over the UK's withdrawal from the European Union continued to sap demand

Neil Dennis

Suppliers report robust eurozone growth momentum

Eurozone growth remained robust at the beginning of 2018 according to the region's purchasing managers, who reported business activity continued to accelerate in January

Neil Dennis
bank of England

Economic preview: UK, NZ and Aussie interest rate calls

Monetary policy decisions from three major central banks are announced this week, and topping the bill is the Bank of England (BoE), where a surprisingly strong fourth-quarter growth reading could make the outcome a little more interesting

Neil Dennis
construction workers

200,000 new US jobs created in January

More than 200,000 new jobs were created in the US in January, with wages also growing at 2.9% compared with the previous year.

Richard Reed

US manufacturing sentiment weakens in January

US manufacturing sentiment weakened in January but beat economists´ forecasts.

James Hester

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