The UK manufacturing sector saw its fourth consecutive month of contraction in August, according to IHS Markit, as the U.S.-China trade war and the ongoing Brexit saga both took their toll on industrial firms midway through what is a make-or-break quarter for the economy.
September 2,2019
UK government borrowing fell less than was expected by the market during July, leading overall borrowing for the current financial year to rise by a touch and drawing a line under the previous financial year, which had seen the government's need for cash fall to its lowest level in nearly two decades.
August 21,2019
The UK manufacturing sector saw output stabilise in August after a multi-month period of declines that saw it subtract notably from economic growth, which was negative in the second-quarter, reinforcing forecasts from some economists that growth should rebound in the current quarter.
August 22,2019
“We prefer to have hard assets or things that are linked to hard assets. Gold is one of the best performing hard assets this year. And invest in countries where real rates of inflation are still high like some emerging markets, like Russia, Mexico or Brazil” - Alberto Gallo, Algebris Investments.
August 15,2019
China is unlikely to make a quick deal with the U.S, a leading authority on China has said, but instead they will play the ‘long game’ and want to see if the current trade situation hurts the U.S. economy sufficiently to improve their negotiating position.
August 14,2019
The German economy is now seen in the City as teetering on the brink of recession after official data revealed a contraction in growth for the second-quarter, which has strengthened the case for the European Central Bank (ECB) to cut its interest rate and restart its quantitative easing program from September.
August 15,2019
New data from Tinsa shows Spanish house prices rose 3.67% year-on-year in May 2019, reinforcing a recent slowdown in the growth rate.
August 14,2019
Page 134 of 207
