Risk assets extended their recovery off recent lows even as the prospect of a coordinated coronavirus policy response from the so-called G7 group of economies appeared to ebb Tuesday, with investors heartened by what is still seen as a high probability of action from individual central banks over the coming days.
March 3,2020
The UK economy looks to have started 2020 on a solid footing with the latest official data from the ONS showing consumers were happy to increase spending on the nation's high streets in January.
February 20,2020
The gold price was closing in on a seven-year high Wednesday and has this week been tipped to rise another five percent in the coming three months, although any further interest rate cuts from the Federal Reserve (Fed) could push the previous metal even higher by the end of 2020.
February 23,2020
Germany's economy clocked up its weakest pace of growth since the aftermath of the sovereign debt crisis last year and it ground to a standstill in the final quarter, official data has confirmed, although the coronavirus crisis in China threatens to see it slow even further still in the months ahead.
February 14,2020
The UK achieved a record quarterly trade surplus in late 2019 but the Office for National Statistics (ONS) suggests it's just a mirage because an increase in precious metals movements disguised what was otherwise a dire period for manufacturers and industrial firms.
February 11,2020
UK house prices rose 4.1% in the year to January 2020 according to Halifax, a result that eclipses the market's expectation for growth of 3.0% and suggests the pickup in activity that was first recorded following the December General Election continues.
February 7,2020
The UK services sector offered up further signs of a January economic rebound Wednesday when the IHS Markit PMI was revised to its highest level since September 2018 although the path ahead is littered with risks that could easily snuff out any tentative recovery.
February 5,2020
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