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USD: US jobs growth slows dramatically

The highlight from the US on Friday was the non-farm payrolls for November, which showed 155,000 jobs were added. This was well below the 200,000 the markets had been expecting and, while job growth remains strong, it is possible it has peaked. It is worth bearing in...


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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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