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The First Signs of Financial Contagion Spread out from Italy

italy eurozone flag

Rising concerns about the political and economic impact of Italy's new government's radical policies have shaken bond markets but the single currency has remained surprisingly resilient.

May 23,2018

UK Government Borrowing in April Hits Lowest Level Since Before 2008 Financial Crisis

The UK government budget deficit fell to its lowest level since before the financial crisis during April, according to Office for National Statistics data released Tuesday, with total borrowing and overall debt as a portion of gross domestic product coming in below Office for Budget Responsibility forecasts. 

May 22,2018

Eurozone Growth Unchanged, ZEW Marginally Optimistic; German Slide Insufficient to Raise Concerns

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Tuesday's slew of data for Euroland shows German GDP growth subdued, Eurozone GDP unchanged from preliminary estimates and ZEW Euro-area wide sentiment data perking up in May.

May 15,2018

Eurozone Economic Bulletin Reiterates Steady Growth Mantra

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 The latest official assessment of the Euro-area economy continues the same 'steady as she goes' themes of previous appriasals 

May 10,2018

Inflation Report: Growth and Inflation Forecast Downgraded

 

 

carney speaking at bank of england

 The Bank of England's inflation report revealed a bias for lower forecasts and a more pessimistic view of the economy.

May 10,2018

UK Trade Deficits Widen in March but Annual Data Shows Longer-term Improvement in Import-Export Balance

The UK's trade deficits widened during the March month, according to Office for National Statistics data released Thursday, although comparisons with figures from one year ago show export growth driving a strong improvement in the nation's international trade position. 

May 10,2018

Mixed March Industrial Data Cements Negative View of UK Economy

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Heavy industry data for March showed further declines in the construction industry which are particularly concerning to economists

May 10,2018

More Articles …

  1. Spain's Fading Tourism Boom Could Impact on House Prices Popular with Expats
  2. RICS House Prices: More Signs of Market Slowdown Emerge
  3. 'Hawkish' Hold Most Likely At The Bank of England Rate Meeting, Say Experts
  4. Retail Sales Drop "Off a Cliff" in April After -4.2% Decline
  5. Oil Prices, U.S. Dollar Respond to Iran Deal Demise
  6. Euro Exchange Rate's Outlook Dented as Inflation Data Shows Prices are not Going the ECB's way
  7. Forecast Met After Eurozone Growth Comes Out at 0.4% in Q1
  8. US Manufacturing Activity Stalls But Dollar Saved By Higher Prices Paid in April

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