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Author Archives: Top News Editor

Eurozone Inflation Sets New High

Eurozone’s inflation accelerated further in December to set a fresh record high, defying expectations for an easing, preliminary data from Eurostat showed Friday. Read Full Story

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UK House Price Inflation To Slow In 2022: Halifax

UK house price inflation accelerated sharply at the end of 2021, but the pace is set to slow this year amid expectations of further interest rate hikes and increasing pressures on household budgets, results of a survey by the Lloyds ...

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Dollar Stays Firm On Rate Hike Hopes

The U.S. dollar climbed higher against most of its major counterparts on Thursday as treasury yields spiked amid rising expectations the Federal Reserve will hike rates as early as March. Read Full Story

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Germany Factory Orders Recover In November

Germany’s factory orders rebounded at a faster-than-expected pace in November underpinned by robust foreign demand, data from Destatis showed on Thursday. New orders grew 3.7 percent month-on-month in November, reversing a strong decline of 5.8 percent in October. The pace ...

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China Service Sector Growth Improves In December

China’s services activity growth improved at the end of the year with firms posting faster increase in new work, survey results from IHS Markit showed on Thursday. The Caixin services Purchasing Managers’ Index rose to 53.1 in December from 52.1 ...

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