This website uses cookies. We use cookies to ensure that we give you the best experience on our website. Read More

  • Davis: We won't let EU to use time pressure to force our hand

    4 Sep 2017 11:40 AM |

    David Davies, Brexit minister, made the following statement:

    • The European Commission has made itself looks silly because of its criticism of Brexit negotiations.

    Read More

  • There will be no interest rate hike until 2019 according to BBC survey

    4 Sep 2017 11:07 AM |

    The results of a survey conducted by the BBC for some economists were published. The most prominent of the following were the following:

    • Most surveyed economists don't expect to raise rates until 2019, although the inflation rate remains above the Bank of England target.

    Read More

  • Saunders, Bank of England member calls for higher interest rates to curb inflation

    31 Aug 2017 11:58 AM |

    Michael Saunders, an external member of the Bank of England's Monetary Policy Committee, said in a speech this morning that explaining his vote to raise interest rates. He said there was a need for a modest rate hike so that high inflation would now return to its target of 2% sustainably.

    Read More

  • US employment data in the private sector surpassed expectations

    30 Aug 2017 03:15 PM |

    In August, jobs in the US private sector rose by 237,000 jobs, exceeding expectations of only 185,000 jobs. The July reading was revised to 201,000 jobs from 178,000 jobs.

    Read More

  • Citi Banking Corporation comments on the impact of Hurricane Harvey

    30 Aug 2017 12:03 PM |

    Citi's comments on the impact of Hurricane Harvey on the economy were as follows:
    •    The hurricane may cause US GDP to slow in Q3 of 2017by about 0.1%, and may be slightly boosted during the Q4 of the same year and un the Q1 of 2018.

    Read More

  • Wheeler: lower New Zealand dollar is needed to support growth

    30 Aug 2017 11:55 AM |

    Graeme Wheeler, Reserve Bank of New Zealand Governor, said:
    •    In the absence of major unexpected shocks, the outlook looks promising for continued strong economic growth in New Zealand over the next two years.

    Read More

  • Theresa May is heading to Japan to calm fears of Brexit

    30 Aug 2017 11:02 AM |

    Today, British Prime Minister Theresa May will arrive in Japan for trade talks. The trip is scheduled to last for three days and will be accompanied by the Minister of International Trade and a delegation of business leaders from a range of sectors.

    Read More

  • Australian building permits decline in July

    30 Aug 2017 10:39 AM |

    Building permits in Australia fell in July for the second time in three months, with the main trend to show sharp fluctuations in construction activity. Building permits fell by 1.7% to 18.299, while expectations were supposed to down by 5.4%. In June, permits rose to highest level in nearly a year of 11.7%. On an annualized basis, building permits declined by 13.9%.

    Read More

Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only