Monthly archive December, 2018

UK Retail Sales Rebounds Strongly In November On Black Friday Promotions

UK retail sales rose for the first time in three months in November to surpass economists' expectations, thanks to Black Friday promotions and record online spending, while the long term trend was that of a slowdown, amid the persistent Brexit Read More →

Sweden’s Riksbank Raises Rates For First Time Since 2011

Sweden's central bank unexpectedly raised its key interest rate for the first time in over seven years on Thursday, as policymakers assessed that inflation was settling around the bank's target of around 2 percent, thus reducing the need for monetary Read More →

Bank Of England Says Brexit Uncertainties ‘Intensified Considerably’

Uncertainties surrounding Britain's exit from the European Union have increase significantly, damping the financial market activity and posing risks to the growth outlook, Bank of England policymakers warned on Thursday as they unanimously left the key interest rate and asset Read More →

U.S. Jobless Claims Rebound Less Than Expected To 214,000

After reporting a notable decrease in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims rebounded in the week ended December 15th.Original Article Read More →

U.S. Weekly Jobless Claims Unexpectedly Edge Lower

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended December 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 216,000, a decrease of 1,000 from Read More →

U.S. Consumer Confidence Slumps Much More Than Expected In December

Consumer confidence in the U.S. tumbled by much more than expected in the month of December, according to a report released by the Conference Board on Thursday. The Conference Board said its consumer confidence index slumped to 128.1 in December Read More →