Monthly archive December, 2021

The U.S. dollar shed ground against its major counterparts on Wednesday amid optimism about global economic growth despite the surge in Omicron cases.Original Article Read More →

Revised quarterly national accounts data from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK revised quarterly GDP data. The economy is forecast Read More →

The UK budget deficit widened to its second-highest level for the month of November since records began in 1993, largely due to the surge in the debt cost, the Office for National Statistics said on Tuesday. Public sector net borrowing Read More →

UK consumer price inflation rose at the fastest pace in more than a decade in November, far exceeding expectations, ahead of the Bank of England's monetary policy announcement on Thursday. Consumer price inflation rose to 5.1 percent in November from Read More →

After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Wednesday showing retail sales rose by much less than expected in the month of November. The Commerce Department said retail Read More →

Continuing the upward trend seen throughout most of 2021, the Labor Department released a report on Wednesday showing U.S. import prices increased in line with economist estimates in the month of November.Original Article Read More →