The headline release from the eurozone was the flash consumer confidence reading for September 2018. It had been expected to fall to -2 from -1.9 in the previous month, but the actual figure came in at -2.9. It…
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Amidst continuing Brexit uncertainty, there was some extremely positive news from the UK yesterday in the form of retail sales. Analysts had predicted that sales would slip to -0.2% in August, but they actually increased by 0.3% from…
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The day after we discovered we are all getting poorer, UK retail sales smashed forecasts. The markets had been expecting a 0.2% decline in August, but they actually increased by 0.3%. However, it is perhaps telling that the…
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Following the release of the inflation figures from the UK, the pound surged against the dollar and climbed above the $1.32 mark. However, in the afternoon, reports emerged that May had rejected Europe’s offer of a solution to…
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The only real release of note from the eurozone yesterday was the construction output figures for July. Output had been expected to be 1.7%, but it actually increased by 2.6% from a year earlier in July 2018. Growth…
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UK inflation hit 2.7% in August to defy expectations and reach its highest level for six months. It effectively means that all of us are poorer – and it will be hoped that it doesn’t keep accelerating in…
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On 11 September, we learned that average earnings in the UK increased by 2.9% in the three months to July. This was good news for British households, who have been feeling the pinch for some time now. Yesterday,…
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Trump has been threatening to impose a fresh wave of tariffs on Chinese imports for a while now, but yesterday he finally moved ahead with them. Overnight, he announced the US would be moving ahead with new 10%…
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