ECON – Page 73 – Money Lowdown

UK house prices fall in January for fourth month in a row – Nationwide

February 1, 2023

LONDON, Feb 1 (Reuters) - British house prices dropped by a bigger-than-expected 0.6% in January and are now 3.2% below...

Currencies

U.S. remains biggest destination for German exports for eighth year in a row

February 1, 2023

BERLIN, Feb 1 (Reuters) - The United States remained the most important destination for German exports in 2022 for the...

Currencies

U.S. labor cost growth slows, but labor market remains tight

January 31, 2023

Employment cost index rises 1.0% in fourth quarterWages, salaries increase 1.0%; up 5.1% year-on-yearConsumer confidence index drops to 107.1 in...

Economy

German economy unexpectedly shrinks in Q4, reviving spectre of recession

January 30, 2023

Q4 GDP at -0.2% Q/Q vs forecast of 0.0%Decline due mainly to falling private consumptionEconomists reckon mild recession is likelyBERLIN,...

Currencies

U.S. economy posts strong growth in Q4, but with underlying weakness

January 26, 2023

Fourth-quarter GDP increases at 2.9% rateConsumer spending solid; business investment weakensWeekly jobless claims fall 6,000 to 186,000WASHINGTON, Jan 26 (Reuters)...

Banking

EU urges European banks to step up funding for critical minerals

January 25, 2023

LONDON, Jan 25 (Reuters) - European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers...

Stock Market

Stocks, dollar mostly flat on soft data, corporate outlooks

January 24, 2023

Dow 0.3%, S&P -0.1%, Nasdaq -0.3%Microsoft beats estimates in closely watched resultsCorporate bellwethers report mixed resultsU.S. business activity contractsNEW YORK/LONDON,...