Breaking Economic News
UK trade balance widens in July
Britain’s total trade balance widened in July, figures released on Wednesday showed.
Chinese US dollar reserves lower in August
The People's Republic of China's foreign exchange reserves dropped last month as the country moved to weaken its currency by selling US dollars.
ECB members did not push for more QE, says Draghi
European Central Bank President Mario Draghi on Thursday said further quantitative easing was not discussed at the latest policy meeting as estimates for economic growth and inflation were lowered.
Challenges in emerging markets unlikely to be quickly reversed, says Draghi
European Central Bank president Mario Draghi on Thursday said the difficulties faced by emerging markets are unlikely to ease any time soon amid a slowdown in China.
US jobless claims hit highest level in two months in week to 28 August
The number of unemployment benefits claimants in the US rose last week, figures released on Thursday showed.
ECB keeps interest rates unchanged as expected
The European Central Bank has kept its key rates unchanged, as expected by analysts.
US construction spending hits highest level in seven years
US construction spending hit its highest level since May 2008 in July, figures released on Tuesday showed.
US ISM index in July reaches lowest level in two years
US manufacturers grew in August at their slowest pace in over two years, figures released on Tuesday showed.