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Job Market Remains Strong Despite Coronavirus Risks to the Economy
The global growth story has weakened in 2020. The good news, at least so far, is that the U.S. job market largely has been unaffected......»»
UK: anxious times for pre-Brexit economy
Britain's services sector stagnated last month and car sales were down again: a host of new data surveys point to a still highly uncertain outlook for a UK economy caught in Brexit turmoil. David Pollard reports......»»
Europe just waved another red flag as new data suggests its economy is at risk of stagnating
REUTERS/Yves Herman European leaders have a fresh headache as data released on Thursday suggests the eurozone economy may only grow 0.1% this month. The IHS Markit flash PMI reading inched up from 50.1 in Se.....»»
U.S. Consumers Are Continuing to Spend, Ignoring Tensions in the Global Economy
While American spending increases, personal incomes rose just 0.1% last month (WASHINGTON) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade t.....»»
UK economy feels the strain of global slowdown as well as Brexit
British manufacturers suffered the sharpest fall in activity in more than six years last month against a backdrop of Brexit uncertainty and global trade tensions, a survey showed on Monday. Edward Baran reports......»»
UK economy shrank as Brexit deadline disrupted manufacturing
Britain's economy got off to a poor start in the second quarter, shrinking by 0.4% in April compared to the previous month, as the country felt the impact of preparing for a now-delayed departure from the EU......»»
Eurozone economy picks up steam but outlook "gloomier"
A closely watched survey shows that the eurozone economy picked up a little bit of steam in May to expand at a three-month high rate......»»
UK economy: benign inflation data fails to offset sterling"s Brexit woes
British inflation rose last month by less than investors and the Bank of England had expected - but sterling hit its lowest since January as Theresa May's Brexit plan crumbles. David Pollard reports......»»
Exports sag, UK factories report lower Brexit stockpile boost - PMI survey
British factories lost some of the boost from pre-Brexit stockpiling last month and exports fell at one of their fastest rates in the past five years, according to a new survey on the UK economy. David Pollard reports......»»
Services help shore up eurozone economy in Q1 - survey
A closely monitored survey shows that the 19-country eurozone ended the first quarter of the year on a sluggish but positive note, largely because a resilient performance by the services sector helped offset a downturn in manufacturing......»»
Asia shares slip after China data, pound near 9-month peak
Asian shares stumbled on Thursday after Chinese data signaled further weakness in the world's second-biggest economy while the pound eased off nine-month highs ahead of another Brexit vote......»»
Asia shares take a breather, pound near nine-month peak
Asian shares paused on Thursday as investors awaited data from China for clues about the health of the world's second largest economy while the pound shot up to near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote......»»
London Markets: U.K. stocks at 4-month high as government opens up for customs union after Brexit
U.K. stocks rose for a third straight session on Thursday, as traders largely ignored a rally in the pound and instead welcomed reports that Britain plans to stay in the customs union after Brexit......»»
Eurozone Business Activity Picks Up
Business activity in the eurozone picked up in June for the first month in five—a first sign that the currency area’s economy may be shaking off a sluggish start to the year......»»
Euro: USD/EUR (EUR=X) drifting lower from triangle top
Euro: USD/EUR (EUR=X) drifting lower from triangle top The euro currency remains largely unchanged after solid IFO data for the month of July from the German economy. All three components of the German IFO su.....»»
Brexit is Good for Business
Britain’s economy picked up speed to outpace the eurozone in the second quarter despite mounting concerns over Brexit, official data showed Friday, helped partly by sunny we.....»»
European Central Bank ends stimulus despite growth worries
The European Central Bank will halt at year end the stimulus program that for almost four years has reinvigorated the eurozone economy — despite new risks including global trade wars and Brexit......»»
Brexit, trade undermine German economy as global outlook darkens
German business morale fell for the fifth consecutive month in January, a survey showed on F.....»»
Bank of England"s Carney warns UK of no-deal Brexit hit
Bank of England Governor Mark Carney said on Tuesday Britain should be under no illusions about the likely shock to its economy if it leaves the European Union next month without a transition deal to ease the shock......»»
BoE"s Carney says UK would suffer hit without Brexit deal
Bank of England Governor Mark Carney said there would be a hit to Britain's economy in the short-term if the country leaves the European Union next month without a deal to smooth its transition......»»