UK economic growth hits near two-year high

Good morning. Fridays tend to be pretty good as it is, but when the UK economic growth figures come in at a near two-year high, they get even better. Figures released showed that the UK GDP growth rate for the third quarter 2018 was 1.5%. This was in line with...


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USD: Fed confirms gradually rate hikes

Federal Reserve policymakers met last night and announced that interest rates will be kept on hold this time around. They did signal that rates will continue to be hiked gradually which investors took for confirmation that rates will be hiked in December. The dollar...


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EUR: German exports drop by 0.8% in September

There were more worrying signs for the eurozone’s largest economy yesterday, as German exports dropped by 0.8% in September. Balance of trade figures showed that the surplus decreased to €18.4 billion in September from €24.2 billion in the same month a year earlier....


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European Commission forecasts put UK bottom

The European Commission forecasts were published yesterday and made for interesting reading. The latest projections show that Europe’s economy will steadily slow over the next few years, as trade wars, rising geopolitical tensions and higher oil prices exert their...


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