Commentary / Economy
Add as a preferred source on GoogleThe recession probability in the United Kingdom over the next 12 months reached a historical high of 40 percent. It has jumped 22 percent since June. However, a lot will depend on how the Brexit is handled and on the tra…
The recession probability in the United Kingdom over the next 12 months reached a historical high of 40 percent. It has jumped 22 percent since June.
However, a lot will depend on how the Brexit is handled and on the trade deals. Confidence alone unlikely to trigger a recession.
Chart courtesy: Fergal O'Brien, Economics Editor Bloomberg
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
