UK housing market activity off lows, but struggling to build momentum

Jan 04, 2017 12:14 pm UTC| Insights & Views Economy

UK consumer credit increased by the highest amount since 2005 in the month on November, says the Bank of England (BoE)on Wednesday. Data released by the BoE showed UK consumer credit in November alone jumped by 1.926...

Eurozone consumer inflation rises to over 3-year high in December, beats market expectations

Jan 04, 2017 11:50 am UTC| Commentary Economy

Consumer inflation in the eurozone rose to over 3-year high during the month of December, slightly beating what markets had initially anticipated. Eurozones annual inflation rate hit 1.1 percent in December, a sharp...

Worrisome Signs Series

Worrisome Signs Series: Real wages in decline thanks to inflation

Jan 04, 2017 10:55 am UTC| Commentary Economy

The US Federal reserve is right to worry onlooming inflation, as higher inflation without compensatory growth would eat away the purchasing powers of the consumers. In addition to that, a higher inflation uptick means that...

Renminbi Series

Renminbi Series: Impossible trinity set to push interest rates higher and yuan lower

Jan 04, 2017 10:16 am UTC| Commentary Economy Central Banks

The Impossible trinity (also known as the Trilemma) is a trilemma in international economics which states that it is impossible to have all three of the following at the same time: a fixed foreign exchange rate, free...

Eurozone composite PMI surges in December as service sector activity jumps to 11-month high

Jan 04, 2017 09:52 am UTC| Commentary Economy

Output growth in the eurozone accelerated to a 67-month high to round off the best quarter of the year. However, price pressures continued to mount, with inflation of both input costs and output charges gathering...

Spain services PMI remains above 50-point mark in December as business activity, new orders spike

Jan 04, 2017 09:12 am UTC| Commentary Economy

The Spanish service sector remained in growth territory at the end of 2016, with further increases in both business activity and new orders recorded in December. Higher fuel costs drove acceleration in the pace of input...

US under Trump Series

U.S. under Trump Series: Trump team readies for mega changes to immigration

Jan 04, 2017 08:52 am UTC| Commentary Economy

Once the President-elect Donald Trump formally becomes the President of the United States this month, one can expect big changes to US immigration. According to the latest information from Reuters, the Trump team has...