The goods and services trade deficit widened in the final quarter of the year after stockpiling ahead of the UK's exit from the European Union led to a pick up in imports, which one economist says is in part responsible for Monday's poor final quarter GDP growth number.
February 11,2019
The European economy’s rate of growth is slowing down, and this will probably drive the Eurozone to integrate more rapidly at a political and fiscal level, says Hans Redeker, global head of foreign exchange strategy at Morgan Stanley.
February 8,2019
The Turkish Lira and Mexican Peso will rise this year as the U.S. Dollar enters a period of structural decline following an abrupt end to the Federal Reserve's (Fed) interest rate hiking cycle, which is likely to be broight on by a slowdown in the economy.
February 7,2019
The Eurozone economy will grow at its slowest pace for five years in 2019, according to the latest European Commission economic forecasts released Thursday, throwing a curveball at the European Central Bank (ECB) as it attempts to normalise interest rate setttings.
February 7,2019
The UK economy has slowed in recent months but not by enough to see GDP stagnate in the first-quarter of 2019 according to economists at Pantheon Macroeconomics, who say recent business surveys have overstated the headwinds that are currently stunting growth.
February 6,2019
The UK Services PMI for January read at 50.1 according to a report released by IHS Markit on February 05, a figure that places the UK economy's largest sector marginally in growth territory with anything below 50 signalling contraction.
February 5,2019
The UK construction sector saw a soft start to the New Year, according to IHS Markit PMI data released Monday, with both current activity and new order growth slowing during the January month in a manner that could bode ill for other sectors of the economy.
February 4,2019
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