Nationwide: UK house prices fall for the fifth consecutive month

February 1, 2023

Category: Industries, Others

The property market’s slowdown continued into 2023 as house prices fell for the fifth month in a row, according to Nationwide’s latest house price index. House price growth slowed to 1.1% in January from 2.8% in December. Prices fell 0.6% […]

Pub chain issues rallying cry to hospitality industry over tax ‘disparity’

January 25, 2023

Category: Industries, Others

JD Wetherspoon’s chairman, Tim Martin, has long-complained about supermarkets’ treatment when it comes to the payment of Value Added Tax (VAT), saying it gives them an unfair advantage – particularly at a time when the hospitality sector is struggling to […]

The worst is not yet over for consumers despite peaked inflation

January 18, 2023

Category: News

A second consecutive monthly fall from October’s high of 11.1% suggests price rises may have peaked and the descent towards less corrosive rates, perhaps below 6% by the middle of the year, has begun. Some of this will be down […]

Finance Tech, Liquidity

Gold Price Outlook: XAU/USD Bulls Tamed by Psychological Resistance

January 30, 2023

Via: DailyFX

Gold prices are trading over 6% higher for the month of January, driving XAU/USD into a barrier of resistance at $1,950. Throughout last week, the same psychological level that limited the upside move came into play after gold opened the […]

Finance Tech, Liquidity

US Dollar Poised Ahead of Fed as China Returns. Where to for USD?

January 30, 2023

Via: DailyFX

The US Dollar continues to tread water to start the week ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday. The market is anticipating a 25 basis point (bp) lift in the target rate. Friday’s PCE inflation data […]


5 Major Issues Impacting the US Economy in the Beginning of 2023

January 30, 2023

Via: Natalie Dunn

Ongoing issues, such as the effects of the COVID-19 pandemic and a new conflict in Europe, have disrupted the global economy and affected most countries around the world. The US is no exception, and the American economy seems to be […]

Enterprise, Industries

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit

January 27, 2023

Via: The Wall Street Journal

Chevron Corp. CVX -2.42%decrease; red down pointing triangle banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices to multiyear highs, with its shares climbing 53% while other sectors tumbled. The U.S. oil […]

Industries, Manufacturing

UK car production slumps to 66-year low

January 26, 2023

Via: Sky News

The Society of Motor Manufacturers and Traders (SMMT) had already reported how the sale of new vehicles in 2022 was severely damaged by the lack of key components, particularly semiconductor chips. COVID-led supply chain disruption harmed the ability of UK […]

Financial Services, Industries

SEB beats profit forecasts helped by trading income, hikes dividend

January 26, 2023


Swedish banking group SEB beat fourth-quarter net profit forecasts on Thursday on higher interest income after central bank rate hikes and trading gains, prompting it to boost its proposed dividend. Surging inflation, in part due to the energy crisis stemming […]