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Monthly archive October, 2018

UK Factory Orders Fall At Fastest Pace In Three Years: CBI

British factory orders dropped at the fastest pace in three years in the quarter to October as manufacturers remained worried about the possibility of a disorderly Brexit, a survey by the Confederation of British Industry showed Tuesday. The survey among Read More →

Eurozone Banks Expect Loan Demand Growth To Continue In Q4: ECB Survey

Euro area banks expect further increase in demand for loans from businesses and households in the fourth quarter, the results of the latest Bank Lending Survey of the European Central Bank showed on Tuesday. Banks expect a continued increase in Read More →

Yen attracts safe haven flows as Italian budget, Brexit concern markets

The Japanese yen, benefited from increased demand for safe haven assets as it firmed against the dollar on Tuesday, while the euro and sterling were weighed by concerns over Italy's budget spending and over British Prime Minister Theresa May's future Read More →

European Economics Preview: Germany ZEW Economic Sentiment Due

Economic confidence from Germany and unemployment from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for August. Economists forecast prices to Read More →

China’s Inflation At 7-Month High

China's inflation rose to a 7-month high in September on higher energy prices, data from the National Bureau of Statistics revealed Tuesday. Consumer prices advanced 2.5 percent year-on-year in September, in line with expectations but faster than the 2.3 percent Read More →

UK Jobless Rate At 43-Year Low; Earnings Growth Fastest In Almost A Decade

The UK unemployment rate remained at the lowest level in 43 years in the three months to August, helping the average earnings to increase further amid fears of no-deal Brexit, the Office for National Statistics said Tuesday. The ILO jobless Read More →