Economy News


Auction for Sky will end lasting bid competition

Auction for Sky will end lasting bid competition

The UK’s watchdog has resorted to an unusual measure of resolving the race for Sky by means of an auction as the two rivals, Comcast and Twenty-First Century Fox, retained their bids.


September 19, 2018
Britain’s inflation shows surprise upswing in August
Britain’s inflation shows surprise upswing in August

UK inflation suddenly surged to the top mark in half a year in August, driven by higher seasonal growth in fares for air and marine transport,...

September 18, 2018
Japan logs first hike in land prices in most three decades
Japan logs first hike in land prices in most three decades

Mean prices on land in Japan grew in the first six months this year, the first case in 27 years, with the bigger incoming flow of tourists raising...

September 14, 2018
UK interest rates remain unchanged, with Brexit causing worries
UK interest rates remain unchanged, with Brexit causing worries

The BoE hasn’t made any changes to interest rates, keeping them at 0.75%, pointing out there are signs of growing uncertainty linked to...

September 13, 2018
European Central Bank sticks to its plans of ceasing bond purchases
European Central Bank sticks to its plans of ceasing bond purchases

Today the ECB reaffirmed its current policy, planning to terminate bond acquisitions in 2018 and lift interest rates in a year, unmoved by the...

U.S. records minimal number of jobless benefit applications in next to 49 years
U.S. records minimal number of jobless benefit applications in next to 49 years

U.S. unemployment pay claims surprisingly shrank in the previous week, reaching the least mark in almost 49 years, which signals of a brisk jobs...

Data from Germany and Italy caused slide in euro zone’s factory output in July
Data from Germany and Italy caused slide in euro zone’s factory output in July

The euro zone’s industrial production declined in July steeper than anticipated, becoming the second straight month of falls, today’s...

September 11, 2018
BoE’s current governor will remain in office till early 2020
BoE’s current governor will remain in office till early 2020

Mark Carney, the incumbent governor of the BoE, has given his consent to remain in this position till January 2020 inclusive.

UK wages accelerate above forecasts
UK wages accelerate above forecasts

The UK wages rose faster than predicted in the three months through July, as they continued to outpace surging prices.

September 10, 2018
UK expansion rate of July at 1-year high
UK expansion rate of July at 1-year high

British economy revved up overcoming forecasts in July due to support for the country’s retail from World Cup and favorable weather.

September 7, 2018
Germany’s industry affected by U.S. protectionism
Germany’s industry affected by U.S. protectionism

Germany experienced a sudden dip in foreign sales and industrial production in July, which confirms that manufacturing companies in the EU’s...

September 6, 2018
China prepares for response measures if U.S. new tariffs come into effect
China prepares for response measures if U.S. new tariffs come into effect

China will react in case the U.S. enacts new tariffs, according to today’s statement by the country’s commerce ministry, as the trade...

September 5, 2018
Britain posts acceleration in service sector, though experiences lack of workers
Britain posts acceleration in service sector, though experiences lack of workers

Service industry of the United Kingdom picked up in August, however, businesses are facing difficulties in hiring employees, as shows the new...

September 4, 2018
Sales drop in Britain’s stores in August, people prefer spending in pubs
Sales drop in Britain’s stores in August, people prefer spending in pubs

UK retailers showed subdued sales expansion in August because consumers opted for pubs considering the favorable weather of the end of summer.

Britain’s manufacturing sector at the lowest in 2 years due to Brexit issue
Britain’s manufacturing sector at the lowest in 2 years due to Brexit issue

UK manufacturing industry enters a hard season, with the time running out for Brexit deal and exports coming under pressure from the U.S. trade...

September 3, 2018
Major oil producers voice concerns over falling demand from China
Major oil producers voice concerns over falling demand from China

Middle Eastern oil producers are troubled by decreases in China’s demand for oil because of U.S. sanctions.

Britain’s property prices mark the sharpest monthly dip in 6 years
Britain’s property prices mark the sharpest monthly dip in 6 years

UK home prices keep going down, with yearly and monthly figures declining, showing current average value at £214,745, recent lender index...

Asia’s manufacturing eases as trade tussles weigh
Asia’s manufacturing eases as trade tussles weigh

The biggest economies in Asia experienced a slowdown in factory production, which suffered from diminished overseas orders last month, meaning...

August 31, 2018
British pound moves to a monthly fall one more time
British pound moves to a monthly fall one more time

The UK pound kept around the highest mark in a month today, with chances of resolving Brexit issue in the week suggesting traders to curtail short...

August 30, 2018
UK car production dips sharply in July
UK car production dips sharply in July

Britain’s car factories produced 11% less vehicles in July in comparison to the same period a year back. The number of cars leaving...

Germany posts decrease of inflation in August to target levels
Germany posts decrease of inflation in August to target levels

Yearly inflation in Germany moderated harder than predicted this month entering the ECB’s price stability area, yesterday’s figures...

U.S. growth picks up above predicted levels in second quarter
U.S. growth picks up above predicted levels in second quarter

U.S. economy expanded at a more rapid rate than had been projected in the April-June period, hitting the highest reading in almost four years,...

August 29, 2018
UK Treasury detracted from news reports on offer to Mark Carney to govern longer
UK Treasury detracted from news reports on offer to Mark Carney to govern longer

UK Treasury has downplayed the reports that it has asked Mark Carney, the BoE’s governor, to remain in office one year above the agreed term...

London prices on homes will trend downwards this and next year
London prices on homes will trend downwards this and next year

Overpriced market of British capital will see home prices slump in 2018 and 2019, showed a poll of economists by Reuters, and it will drop even...

Britain’s retail prices break trend for deflation
Britain’s retail prices break trend for deflation

Retail prices in the UK have climbed, something that hasn’t happened in last five years, British Retail Consortium’s fresh figures reveal.

August 28, 2018
Iranian foreign sales of crude likely to decrease
Iranian foreign sales of crude likely to decrease

Volumes of exported oil and condensate by Iran are about to show a decline to less than 70 mln barrels this month, which hasn’t happened from...

August 24, 2018
U.S. orders on capital goods suggest investments are solid
U.S. orders on capital goods suggest investments are solid

The number of new orders for major goods manufactured in the U.S. gained surpassing predictions in July, while shipments increased at a steady...

August 23, 2018
Euro zone’s expansion slow as manufacturing firms in recess
Euro zone’s expansion slow as manufacturing firms in recess

The rate of businesses growth in the single currency bloc slightly accelerated in August undershooting forecasts though, while the escalation of...

Federal Reserve weighs next rate hike
Federal Reserve weighs next rate hike

The Fed considered interest rate increases in the near time in order to hurdle superfluous robustness of economy, while it also looked into...

U.S. and China introduce more mutual tariffs
U.S. and China introduce more mutual tariffs

The trade dispute between the U.S. and China moved further today, as new 25% tariffs of both parties on a list of imports worth $16 bln took effect.

August 22, 2018
Euro zone’s economic growth to suffer from tariff war
Euro zone’s economic growth to suffer from tariff war

The economy of euro zone is going to struggle in 2018-2019 showing firm though easy growth continuing a deceleration of last year, said analysts in...

August 21, 2018
UK government reports of record surplus in 18 years in July
UK government reports of record surplus in 18 years in July

Britain’s government recorded positive balance of £2 bln in July, the top reading for the month in 18 years, according to official...

August 20, 2018
Greece succeeds with emergency euro zone bailout
Greece succeeds with emergency euro zone bailout

Greece has coped with a €61.9 bln loan program issued as an emergency that lasted three years and directed for recovery from the debt crisis.

Manufacturing industry of Britain falls to ninth place
Manufacturing industry of Britain falls to ninth place

UK manufacturing sector is down, now ranking ninth, which sends it down from a performance recovery track that has held since the crisis. Overall...

August 17, 2018
Brits show negative attitude to banks since 2008 crisis
Brits show negative attitude to banks since 2008 crisis

A larger part of the UK population is distrustful of banks and believes the penalties for their role in the crisis of 2008 wasn’t adequate,...

August 16, 2018
Trade negotiations between China and U.S. planned for August
Trade negotiations between China and U.S. planned for August

China is going to start negotiations with Washington on trade at the end of this month, according to an official position expressed today, which...

Summer and football tournament accelerated Britain’s retail sales big
Summer and football tournament accelerated Britain’s retail sales big

The United Kingdom saw an extraordinary jump in July retail sales thanks to advances of England in the World Cup and the sunny weather, the period...

U.S. retail sales figures suggest upbeat prospects for this quarter
U.S. retail sales figures suggest upbeat prospects for this quarter

Retail sales in the United States advanced above forecasts last month, spurred by more purchases of cars and apparel by families, which means the...

Britain’s house prices grow slower, dragged down by London
Britain’s house prices grow slower, dragged down by London

Home prices gained at an easier pace in June, going down to the minimum of five years, which was caused by dropping London prices, as government...

August 15, 2018
Britain’s inflation growth paced up in July, first time in 2018
Britain’s inflation growth paced up in July, first time in 2018

Inflation in the UK increased one notch to 2.5% last month, following three months of level 2.4%, with the rise in transport costs.

Turkey’s tariffs on U.S. products go up
Turkey’s tariffs on U.S. products go up

Turkey has hiked its tariffs on a range of goods from the U.S., including cars and tobacco, a move made in retaliation for targeted U.S. attacks on...

August 14, 2018
Britain sees lowest unemployment rate in over 40 years
Britain sees lowest unemployment rate in over 40 years

The jobless rate in the UK suddenly dipped to a record low in 43 years in the second quarter, while productivity gained, though there wasn’t...

China continues to slow down, as investments ease to minimum
China continues to slow down, as investments ease to minimum

The economic expansion of China seems to be moderating even more, while Washington plans to ramp up pressure through new tariffs, with growth of...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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