29 July 2020 Mortgage Approvals Quadruple, Firms Accumulate Cash at Record Rates: Bank of England Data

House purchase mortgage approvals rose to 40.0K in June according to Bank of England data, which is a print that comes in above the consensus expectation for 35.0K while making for a significant re…

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28 July 2020 Gold Price Needs U.S. Economy to Fend Off 'Deflation' for New Record Highs to Keep Rolling In

Gold futures prices have clocked up repeated new record highs of late amid a downturn in the Dollar and uncertainty about the global recovery, although the rally needs the U.S. economy to fend off …

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27 July 2020 Fresh Data Shows Eurozone Economy Remains on Track for 'Tick-shaped' Recovery

The Eurozone economic recovery remains on track according to latest Eurozone and Germany data which shows that while a sharp 'v-shaped' recovery might not be attainable, a 'tick-shaped' recovery is…

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24 July 2020 Retail Sales Surge Followed by Rallying PMIs as Poorly UK Overtakes Eurozone in Coronavirus Recovery

UK retail sales surged in June while IHS Markit PMI surveys suggested that manufacturing and services companies operating in the troubled UK economy pulled ahead of the Eurozone rivals in July, alt…

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21 July 2020 Chancellor Faces Mammoth Task to Right Public Finances after June's Modest Improvement

Chancellor Rishi Sunak launched 2020's comprehensive spending review Tuesday, which is expected to see the government make good on a range of past commitments but will underline the goliathan task …

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16 July 2020 Job Worries Leave Question Mark Lingering Over U.S. Recovery after Sales, Sentiment Recover 

U.S. labour markets continued to haemorrhage jobs last week, leaving a question mark lingering over an economic recovery that was bolstered in June by rising retail spending and a recovery in confi…

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16 July 2020 UK Unemployment Data Comes in Better than Expected

The UK unemployment figure for May came in better than expected, with the ONS reporting 125K jobs had been lost in the three months to May against market expectations for a figure of 234K to be rep…

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