Economic News
US construction spending falls 0.2% in March
US construction spending fell by 0. 2% month-on-month in March, according to the Census Bureau, following a revised flat reading in February and missing market expectations for a 0. 3% increase.
US private sector employment rises more than expected - ADP
Private sector employment in the US rose more than expected April, according to figures released on Wednesday by the ADP.
US mortgage applications fall 2.3%
US mortgage applications fell 2. 3% in the week ended 26 April, according to the Mortgage Bankers Association, extending the two-month-high decline of 2. 7% seen in the previous week.
UK manufacturing sector shrinks - PMI
The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home.
UK house prices fall again in April - Nationwide
UK house prices unexpectedly fell in April for the second month in a row, as borrowing rates went up, according to figures released on Wednesday by Nationwide.