Recent Posts

Brexit triggers 30% slump in German exports to UK

Bloomberg German exports to Britain plunged in January, as the downward trend since the country voted to leave EU gathered pace. Already curtailed by the economic impact of the coronavirus, Brexit helped trigger a nearly 30% slump in German exports to the UK in the first month of the year, according to a preliminary estimate by the Federal Statistics Office. ...

Read More »

Export boom driving Canada’s largest trade surplus since 2014

Bloomberg Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports. The nation ran a surplus of C$1.4 billion ($1.1 billion) in January from a revised deficit of C$1.98 billion in December, Statistics Canada said in Ottawa. Economists were predicting a gap of C$1.4 billion. It marked the first time Canada has ...

Read More »

UK house prices rise 0.7% in February

Bloomberg UK house prices rose unexpectedly in February, continuing a surge fueled by a temporary tax relief on purchases and Covid-induced shifts in people’s lifestyles. Values increased 0.7% from January to an average of 231,068 pounds ($321,000), Nationwide Building Society said. They climbed 6.9% from a year ago, accelerating from the 6.4% pace registered a month earlier. Housing boomed last ...

Read More »
Send this to a friend