by Christopher Nye | Feb 14, 2019
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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by Christopher Nye | Feb 14, 2019
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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by Christopher Nye | Feb 14, 2019
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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by Christopher Nye | Feb 13, 2019
Stock markets around the world received a boost yesterday as there have been reports that a US government shutdown deal looks likely to go ahead. There were concerns that Democrats and Republicans could not reach a compromise, but a potential crisis looks to have been...
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by Christopher Nye | Feb 13, 2019
It is fair to say that it has been a very quiet start to the week for economic data from the eurozone. However, given how disappointing recent releases have been, perhaps that is just as well. Germany – the eurozone’s largest economy – has been particularly...
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