Recent Posts

US trade deficit swells to record in March as goods imports surge

  Bloomberg The US trade deficit widened to a record in March, reflecting a surge in imports as companies relied on foreign producers to meet solid domestic demand. The gap in goods and services trade grew 22.3% to $109.8 billion, Commerce Department data showed. The median estimate in a Bloomberg survey of economists called for a $107.1 billion deficit. The ...

Read More »

German factory orders drop as war weighs on manufacturers

  Bloomberg German factory orders fall more than anticipated after Russia’s invasion of Ukraine darkened the prospects for the economy by adding to inflation pressure and disrupting global supply chains. Demand plunged 4.7% in March from the previous month, driven by a decline in orders from broad. That’s worse than all but one forecast in a survey of economists by ...

Read More »

UK office lending rises 48% after 2020’s Covid crunch

  Bloomberg Commercial real estate lending bounced back to pre-pandemic levels in 2021, ending more than a year of Covid-driven turbulence. New lending volume rose 48% year-on-year to 49.8 billion pounds ($62 billion), according to a survey of 76 major UK lenders by Bayes Business School. The data also shows that 2021 was the strongest year in the market since ...

Read More »
Send this to a friend