Initial jobless claims decreased by 3,000 to 213,000 in the week ending 12 January from the previous week’s unrevised level of 216,000. It is the second consecutive week of declines and brought the number of Americans claiming unemployment…
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It seems to be that almost everywhere you look there is a confidence vote going on somewhere, with the Greek Prime Minister just the latest to survive one. Fears of a snap election in Greece have abated somewhat…
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Yesterday, the Royal Institution of Chartered Surveyors reported that the threat of Brexit has significantly affected the UK housing market, with prices falling at the fastest rate in six years. In addition, the outlook for sales is said…
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Yesterday, the leader of the Commons, Andrea Leadsom, confirmed that, on Monday, Theresa May will make a statement to MPs about the next steps in the Brexit process and that she will table a motion. She went on…
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The headline release from the eurozone yesterday was the German inflation rate for December 2018. The figures showed inflation dropped to 1.7% from 2.3% the previous month, which was in line with expectations. It is the lowest rate…
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There were more fireworks in the US yesterday, as Speaker Nancy Pelosi asked Trump to reschedule the State of the Union because of the government shutdown. She sent a letter to the president asking him to deliver the…
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While journalists reacted to yesterday’s political developments (or lack thereof), the Bank of England governor, Mark Carney, delivered a speech in which he told MPs that investors believe a disorderly Brexit is now less likely. He stated that…
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A day after Theresa May suffered the heaviest Parliamentary defeat of any British prime minister in the democratic era, the Prime Minister faced another vote in the form of a no-confidence motion tabled by Jeremy Corbyn. May was…
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