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Monthly archive May, 2019

Dollar Up Slightly As Trade War Concerns Linger

The U.S. dollar was mostly subdued slightly above the unchanged line on Wednesday with traders weighing political and economic news from across the globe for direction.Original Article Read More →

German Production Surprise Growth Raises Hopes Of Strong Q1 GDP Outcome

Germany's industrial production rose for a second straight month and at the fastest pace in three months in March, defying expectations of a decline, and raised hopes of a strong economic performance in the first quarter. Industrial production grew 0.5 Read More →

UK House Price Inflation At 5-month High, But Remains Subdued – Nationwide

UK house prices rose at the fastest annual pace in five months in April, but inflation remained subdued, survey data from the Nationwide housing society showed on Wednesday. The house price index rose 0.9 percent year-on-year following a 0.7 percent Read More →

UK Factory Growth At 2-month Low

UK manufacturing expansion slowed to a two-month low in April amid a decline in export business and an easing in the robust pace of stock-building, survey data from IHS Markit showed on Wednesday. The IHS Markit/CIPS Purchasing Managers' Index, or Read More →

UK Mortgage Approvals Lowest Since 2017; Consumer Borrowing Slows Sharply

UK mortgage approvals for house purchase fell to its lowest level in over a year in March and consumer credit growth was the weakest in nearly five-and-a-half years as the original Brexit deadline approached, figures from the Bank of England Read More →

U.S. Private Sector Job Growth Far Exceeds Estimates In April

After reporting weaker than expected job growth in the previous month, payroll processor ADP released a report on Wednesday showing private sector employment jumped by much more than anticipated in the month of April. ADP said private sector employment surged Read More →