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Monthly archive January, 2019

UK House Price Inflation Accelerates In December: Halifax

UK house price inflation accelerated in December after slowing in the previous month, though house price growth for 2018 remain thin, survey data from the Lloyds Bank unit Halifax showed on Tuesday. House price rose 1.3 percent year-on-year in the Read More →

Surprise Fall In German Industrial Production Worsens Recession Fears

Germany's industrial production unexpectedly decreased for a third straight month in November, amid a sharp fall in consumer goods and energy output, worsening fears of a technical recession in the biggest euro area economy. Overall industrial production fell a calendar Read More →

Eurozone Jobless Rate At Decade-Low

Eurozone unemployment rate unexpectedly eased in November to its lowest level in over a decade, figures from Eurostat showed on Wednesday. The seasonally adjusted jobless rate eased to 7.9 percent from a revised 8 percent in October. Economists had expected Read More →

What Does the Future Hold for Cryptocurrency? My View

Cryptocurrency is gaining ground, but could it one day replace national, fiat currencies?

When the topic of cryptocurrency comes up, conversation inevitably circles back to the latest price fluctuations in bitcoin. But while this might be interesting in as much as Read More →

Fed Minutes Indicate Patient Approach To Further Rate Hikes

Minutes from the Federal Open Market Committee's latest meeting confirmed Federal Reserve Chairman Jerome Powell's recent remarks suggesting the central bank will take a patient approach to further interest rate increases.Original Article Read More →

German Trade Surplus Grows In November As Imports Fall Unexpectedly

Germany's merchandise trade surplus grew in November to its biggest level in five months as imports fell unexpectedly, and exports decreased, giving further evidence of a slowdown in the biggest euro area economy. The non-adjusted trade surplus grew to EUR Read More →