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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."

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...

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.

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...

Eurozone's current account surplus decreased in September, figures from the European Central Bank showed on Monday. The current account surplus fell to EUR 17 billion from EUR 24 billion in August. In the same month last year, the surplus was EUR 40 billion. The goods trade surplus decreased...

Turkey's retail sales volume declined for the first time in over one-and-a-half years in September, preliminary data from the Turkish Statistical Institute showed on Monday. The retail sales volume dropped a calendar adjusted 3.4 percent year-on-year following a 1.5 percent increase in August. The...

ecb-dragi-030817_16nov18.jpg Eurozone's growth would continue at a gradual pace, but there was a chance that core inflation may be slow in picking up in future, if uncertainty regarding the economic situation persisted, European Central Bank President Mario Draghi warned on Friday. "There is certainly no reason why the expansion in the euro area should abruptly come to an end," Draghi said in a speech.

Eurozone inflation accelerated in October at the fastest pace in almost six years, as estimated initially, final figures from Eurostat showed on Friday. The consumer price index rose 2.2 percent year-on-year after a 2.1 percent increase in September. Inflation was the highest since December 2012. Inflation...

Germany's wholesale prices climbed at a faster pace in October, data from Destatis revealed Friday. Wholesale price inflation improved to 4 percent from 3.5 percent in the previous month. The wholesale price growth in October was largely influenced by a 24.1 percent increase in solid fuels and...

ukretails-aug16_15nov18.jpg UK retail sales declined for a second straight month in October, defying expectations for an increase, amid a sharp decrease in sales of household goods, preliminary data from the Office for National Statistics showed on Thursday. Sales volume including automotive fuel dropped 0.5 percent from September, when they fell 0.4 percent, revised from a 0.8 percent slump.

Turkey's unemployment rate rose for a fifth straight month in August, preliminary data from the Turkish Statistical Institute showed on Thursday. The jobless rate rose to 11.1 percent from 10.8 percent in July. Economists had expected a figure of 11.2 percent. A year ago, the rate was 10.6 percent....

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