GBP: UK house price slows to a six-year low

The Halifax house price index for November was released on Friday morning and both the monthly and annual readings came in well below expectations. Month-over-month, prices grew by 0.3% from 1.5% the month before, against an expectation of 1%, while the year-on-year...


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USD: US trade deficit hits a ten-year high

The main economic data release from yesterday was the US balance of trade figures for October 2018. They showed that the trade deficit widened to $55.5 billion from an upwardly revised $54.6 billion the previous month and above market expectations of a $54.9 billion...


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