Monthly archive December, 2019

The UK job vacancies declined sharply and average wage growth eased slightly, but the unemployment rate remained unchanged at a 44-year low and the employment rate reached a record high, data from the Office for National Statistics showed Tuesday. Data Read More →

New residential construction in the U.S. soared by more than expected in the month of November, according to a report released by the Commerce Department on Tuesday. The report said housing starts surged up by 3.2 percent to an annual Read More →

Reflecting a bounceback in motor vehicle and parts output following the end of the strike at General Motors (GM), the Federal Reserve released a report on Tuesday showing U.S. industrial production rebounded by more than expected in the month of Read More →

China's central bank reduced its 14-day reverse repurchase rate marginally on Wednesday after cutting the short-term 7-day repo rate a month ago. The People's Bank of China lowered its rate on 14-day reverse repo to 2.65 percent from 2.7 percent. Read More →

Rating agencies see less risk from the UK leaving the European Union without a deal after Boris Johnson won the general election last week, raising their views on UK ratings. The Conservative Party's majority will help them to pass the Read More →

UK consumer prices increased at a steady pace in November, as expected, while output price inflation continued to ease, official data showed Wednesday. The consumer price index rose 1.5 percent year-on-year, the same pace of increase as seen in October, Read More →