Economic News
Michigan consumer sentiment index slips in January
US consumer sentiment deteriorated a touch in January, according to a preliminary reading from the University of Michigan.
Chinese economic activity picks up at the end of 2019, but headwinds remain
Economic activity in China at the end of 2019 execeded forecasts, but some economists said that it was too soon to sound the 'all clear'.
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
December US housing starts surge past forecasts
Homebuilding activity in the States blew the doors of economists' forecasts in December, but economists were quick to point out that such strength was just not sustainable and some of the underlying data appeared to point in that direction too.
UK retail sales unexpectedly fall in December
UK retail sales unexpectedly fell in December, according to figures released by the Office for National Statistics on Friday, adding weight to expectations of a rate cut by the Bank of England this month.