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Economy And The Numbers

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ecbcarney-sep12_20nov18.jpg Bank of England Governor Mark Carney welcomed the draft Brexit deal and the transition arrangement that the British Prime Minister Theresa May struck with the European Union last week, but warned that the risks of a "no-deal, no-transition" scenario remained very high. Speaking at a Treasury Select Committee hearing, Carney said, "We welcome the transition arrangements in the withdrawal deal."

housing-starts-112018.jpg Housing starts in the U.S. rebounded in the month of October, according to a report released by the Commerce Department on Tuesday, although the report also showed a decrease in building permits. The Commerce Department said housing starts jumped by 1.5 percent to an annual rate of 1.228 million.

Housing starts in the U.S. rebounded in the month of October, according to a report released by the Commerce Department on Tuesday, although the report also showed a decrease in building permits.

The Bank of England Governor Mark Carney announced on Tuesday that the bank will bring forward the publication of the latest Financial Stability Report and the results of the bank stress tests to November 28 from December 5. "The change of date allows the Bank of England to fulfill a request from...

France's jobless rate was unchanged in the third quarter from the previous three months, preliminary data from INSEE showed on Tuesday. The ILO unemployment rate for the metropolitan France was 8.8 percent, unchanged from the second quarter, but was 0.5 points lower than a year ago. The number of...

philiplowe-nov20.jpg The Reserve Bank of Australia would maintain a steady monetary policy for a while, as the board expects progress on the targets for unemployment and inflation to be gradual, RBA Governor Philip Lowe said Tuesday. It is appropriate to maintain the current setting of policy for some time while progress on these goals are made, Lowe said in a speech at the CEDA Annual Dinner in Melbourne.

Hong Kong's consumer price inflation was unchanged in October, figures from the Census and Statistics Departments showed on Tuesday. The consumer price index rose 2.7 percent year-on-year, same as in September. The inflation figure was in line with economists' expectations. A rate higher than...

Germany's industrial producer prices rose at the fastest pace in 18 months during October, figures from the Federal Statistical Office showed on Tuesday. Producer prices rose 3.3 percent year-on-year following a 3.2 percent increase in September. The increase matched economists' expectations.

previewimage-aug03_20nov18.jpg Tuesday is set to remain busy in Europe on the economics front with producer prices data due from Germany and the Bank of England policymakers including its Governor set to testify before lawmakers. At 02 am ET, Germany's Federal Statistical Office is set to release the producer price data for October.

rba-030618.jpg Members of the Reserve Bank of Australia's monetary policy board said that the country's economy has continued to pick up steam, and at a slightly faster rate than expected, minutes from the central bank's November 6 meeting revealed on Tuesday.

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 6, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA kept its benchmark interest rate on hold at a record low of 1.50 percent for the 26th consecutive meeting....

nahb-111918.jpg Reflecting growing affordability concerns, the National Association of Home Builders released a report on Monday showing a sharp drop in U.S. homebuilder confidence in the month of November. The report said the NAHB/Wells Fargo Housing Market Index plunged to 60 in November.

ukinflation-aug15_19nov18.jpg Confidence among British businesses sunk to its lowest level in nine years during the third quarter and households' assessment of their financial conditions dropped to a five-month low, amid the lingering political uncertainty over Brexit, survey data from IHS Markit showed on Monday.

Eurozone construction output increased in September after declining in the previous month, but the pace of growth nearly halved sequentially in the third quarter, figures from Eurostat showed on Monday. Construction output grew 2 percent from August, when it declined 0.6 percent, revised from 0.5...

UK house prices declined sharply in November at the fastest monthly pace in seven years, figures from the property market data website Rightmove showed on Monday. Average asking prices dropped GBP 5,222 or 1.7 percent month-on-month to GBP 302,023 in November. That was biggest November drop since...

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