UK Budget Deficit Widens More Than Forecast

The UK budget deficit widened more-than-expected in June as debt interest increased notably after inflation lifted the cost of index-linked bonds. Public sector net borrowing, excluding interventions, increased by GBP 2.0 billion from a year ago to GBP…

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UK Budget Deficit Widens More Than Forecast

The UK budget deficit widened more-than-expected in June as debt interest increased notably after inflation lifted the cost of index-linked bonds. Public sector net borrowing, excluding interventions, increased by GBP 2.0 billion from a year ago to GBP…

Posted in Uncategorized

UK Budget Deficit Widens More Than Forecast

The UK budget deficit widened more-than-expected in June as debt interest increased notably after inflation lifted the cost of index-linked bonds. Public sector net borrowing, excluding interventions, increased by GBP 2.0 billion from a year ago to GBP…

Posted in Uncategorized

ECB Keeps Markets Guessing On Tapering

There was no surprises from the European Central Bank on Thursday as it left its key interest rates and massive stimulus unchanged for an eleventh straight session, and also kept the forward guidance intact, thus retaining the downward bias on asset pu…

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UK Retail Sales Recover On Warm Weather

UK retail sales recovered at a faster-than-expected pace in June as warm weather boosted clothing demand. Retail sales grew 0.6 percent month-on-month in June, reversing a 1.1 percent fall in May, data from the Office for National Statistics showed Thu…

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ADB Lifts Developing Asia’s Growth Outlook

The Asian Development Bank raised its developing Asia’s growth outlook citing stronger-than-expected export demand. In its Asian Development Outlook, released Thursday, the bank upgraded developing Asia’s growth outlook for 2017 to 5.9 percent from 5.7…

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