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Asking prices for homes in the UK dipped in November, despite a sharp drop in the number of new sellers on the back of lacklustre prices and political uncertainty, the results of a closely-followed survey revealed.
Trade talks between Washington and Beijing are nearing a successful conclusion and are now ongoing on a daily basis, the White House's top economic official said.
Economic activity in the People's Republic of China continued to slow down in October, pointing to at least further mild policy easing from the country's central bank before the end of the year and an economy that was heading into 2020 with scant momentum.
UK house prices dipped in October as buyers and sellers opted to sit tight amid political uncertainty, according to the latest survey from the Royal Institution of Chartered Surveyors.
The head of the Federal Reserve sounded a confident note on the economic outlook on Wednesday and appeared to signal that the central bank's monetary policy was likely set to remain at its current level for an extended period.
The cost of living in the US increased more quickly than expected last month amid rapid increases in food and energy prices, especially for the latter, but stripping out those two categories it surprised to the downside.
Confidence in the US economy rose amongst small business owners in October as recession fears eased, according to the National Federation of Independent Business.
Center-left PSOE managed to secure another win in Sunday’s general elections in Spain but failed to clinch an absolute majority with talks between the main parties to form a coalition expected in the near future.
The European Central Bank's newly arrived leader Christine Lagarde is facing pressure from the governing council to overhaul how monetary policy is decided and improve the monetary authority's internal decision-making process.
The Bank of England held off from any policy changes at its meeting on Thursday, but two members of its Monetary Policy Committee unexpectedly broke ranks and voted for a cut in Bank Rate, although they were outnumbered by their peers.
Hong Kong's economy has fallen into recession amid US-China trade uncertainty and months of protests that have resulted in shop closures, public transport interference and a drop in tourism.
A closely-followed survey of manufacturing sector conditions in the Chicago area pointed to a further worsening in October, as levels of new orders and order backlogs shrank.
