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Shops suffer as Christma, Public borrowing falls in December and other Economy news

The economy news of 2016-01-25 on Tamugaia - Shops suffer as Christmas sales fall, and Public borrowing falls in December.
Shops suffer as Christmas sales fall - The volume of goods sold in UK shops in December fell by 1% from the month before, according to the Office for National Statistics.... [ View ]

Public borrowing falls in December - The UK government borrowed £7.5bn in December, £4.3bn lower than the year before, official figures show.... [ View ]

Draghi hints at further ECB action - European Central Bank chief Mario Draghi says the bank will "review and possibly reconsider" monetary policy at its next meeting.... [ View ]

Markets overreacting, says Nasdaq boss - The recent stock market turmoil is an overreaction, says the head of the Nasdaq exchange, Bob Greifeld, but it could mean a slowdown in stock market listings.... [ View ]

ABC Zigzag Corrections Near Support And Resistance - The EUR/USD continues to build a corrective chart pattern with support (green) and resistance (orange) marking its boundaries. The EUR/USD is showing steep bearish price action with support and resistance... [ View ]

Ascending Trend-Channel Resistance Might Hinder USDCHF Rally - Following its bounce from 0.9800 – 0.9790 horizontal support-zone, which comprised of 100-day SMA 50% Fibonacci Retracement of August – November upside, the USDCHF managed to portray short-term ascendi... [ View ]

European Stocks Seen Rising At Open - European stocks are set to open higher on Monday, although gains are likely to remain capped after sharp gains in the previous two sessions.... [ View ]

Salads Produced At Ohio Dole Facility Named Culprit In Listeriosis Outbreak - Packaged salads produced at Dole processing facility in Springfield, Ohio have been identified as the source of the recent multistate outbreak of listeriosis, which resulted in 1 death and 12 hospitalizati... [ View ]

Johnson Controls, Tyco Intl. in Talks to Combine-Rpt - Johnson Controls is in advanced talks to combine with Tyco International, according to people familiar with the matter, in a deal that could be valued as high as $20 billion.... [ View ]

New York City Bridges and Tunnels to Close Due to Snow - All bridges and tunnels into New York City operated by the Port Authority of New York and New Jersey will close on Saturday afternoon because of blizzard conditions in the metropolitan area, New York Gover... [ View ]

Blizzard for Record Books Paralyzes New York and Washington - A blizzard that has paralyzed much of the U.S. East Coast intensified on Saturday, bringing Washington to a standstill and forcing the closure of roads, bridges and tunnels into New York until Sunday morni... [ View ]

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