EUR: economic woes continue for the eurozone

The only release of note from the eurozone yesterday was the industrial production figures for December 2018. In the previous period, there was a downwardly revised 3% contraction and this time around a drop of 3.2% was expected by the markets. However, it came in...


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GBP: inflation drops to a two-year low of 1.8%

The biggest monthly drop in the price of gas since the 1980s helped drag inflation down to 1.8% in January – the lowest level in two years. That the cost of things has fallen will be welcome news for British households who have felt the effects of austerity, but...


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Inflation drops in the UK and US

Yesterday was inflation day for the UK and US and both readings showed a significant drop in January. First up was the UK’s inflation rate which was expected to drop to 1.9% last month from 2.1% the previous month. However, it actually came in lower than that at 1.8%,...


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