Latest Economic News from British, Bank of England's King Warns Against 'Actively Managed Exchange Rates 'Bank of England Governor Mervyn King on Monday warned against countries using "actively managed exchange rates" as an alternative to monetary policy and said the trend is growing
New economic data from UK House Prices Decline At Faster Pace, RICS Survey Shows, The pace of decline in British house prices accelerated in November, a survey by the Royal Institution of Chartered Surveyors' (RICS) showed Tuesday
Economic update from Berlin we reporting, German ZEW Economic Expectations Recover Strongly, Germany's economic confidence turned positive in December for the first time since May 2012 as the largest euro area economy is expected to avoid a recession, a closely watched survey of financial market experts showed Tuesday
Meanwhile, U.S. Trade Deficit Comes In Narrower Than Expected In October, With the value of exports falling at a faster rate than the value of imports in the month of October, the Commerce Department released a report on Tuesday showing that the U.S. trade deficit for the month widened compared to the previous month.
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