The total value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Friday - coming in at A$35.096 billion. more...
The Bank of England delivered the biggest interest rate hike in 33 years on Thursday, joining its global peers in aggressive tightening to bring inflation down from double-digits, even as the U.K. economy is forecast to remain in a prolonged recession. The nine-member Monetary Policy Committee decided to raise the bank rate by 75 basis points to 3.00 percent from 2.25 percent. more...