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Monthly archive December, 2022

European Economics News Preview: UK Nationwide House Price Data Due

House price data from the UK is the major economic news due on an otherwise light Friday. At 2.00 am ET, UK Nationwide house price data is due for December. House price inflation is expected to ease to 2.3 percent Read More →

Chicago Business Barometer Rebounds More Than Expected In December

A report released by MNI Indicators on Friday showed a bigger than expected slowdown in the pace of contraction in Chicago-area business activity in the month of December. MNI Indicators said its Chicago business barometer climbed to 44.9 in December Read More →

UK House Price Inflation Weakens Amid Rising Interest Rates

UK house price inflation slowed markedly at the end of the year as the rising interest rates and high inflation started to dampen the affordability of home buyers, data from the mortgage lender Nationwide showed Friday. House prices were 2.8 Read More →

U.S. Weekly Jobless Claims Inch Up Slightly More Than Expected

First-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended December 24th, according to a report released by the Labor Department on Thursday.Original Article Read More →

Dollar Rises Against Major Counterparts

The U.S. dollar climbed higher against most of its major counterparts on Wednesday, after bond yields rose on hopes the Chinese economy will see decent growth following the loosening of Covid-19 curbs.Original Article Read More →

Japan Industrial Production Slips 0.1% In November

Industrial output in Japan fell a seasonally adjusted 1.0 percent on month in November, the Ministry of Economy, Trade and Industry said on Wednesday.Original Article Read More →