COMMODITIES
27 Feb
FX round-up: Sterling ends mixed after second Scotland independence vote worries abate
money pound sterling magnifying glass

Sterling put in a mixed turn on key crosses Monday with this morning's weakness versus the US dollar recouped after worries about a second Scottish independence referendum stoked in the weekend press abated.

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27 Feb
Brexit fallout leaves BMW considering alternatives for Mini plant
mini john cooper works clubman

Britain's decision to leave the European Union is a factor in BMW's doubts over whether to make electrically-powered Minis in its Oxford factory.

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27 Feb
London close: FTSE ends higher as resources-led gains trump insurers' falls
sturgeon

Stocks in London ended Monday a little higher with gains among a resources-rich sweep of sectors beating falls in insurers and commercial property as the Tory rush to trigger Brexit hit another speed wobble in the form of Scottish indpendence.

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27 Feb
Trump to push for huge increase in US military spending, defence stocks spike

US President Donald Trump plans to push ahead with a budget that includes a £54bn, or 9%, rise in spending on armed forces, with an equivalent cut for spending on domestic agencies.

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27 Feb
Commodities: Gold a snip ahead as markets look to Trump soapbox before Congress
india

Gold futures are a snip higher and sitting just below resistance as global markets anticipate US President Donald Trump's soapbox address to Congress on Tuesday, and also mull potential US Federal Reserve interest rate hikes this year.

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27 Feb
US homebuying activity hits skids in January on lack of supply
builder housebuilding bricklayers persimmon

A leading indicator of homebuilding activity in the States weakened unexpectedly at the turn of the year, especially in the Midwest and West and almost returning to its levels of a year ago nationwide.

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27 Feb
US durable goods orders up 1.8% in January
Airbus A350 XWB, aircraft, air travel, transport

US durable goods orders rose a little more than expected in January, according to data from the Commerce Department, almost entirely on the back of a surge in commercial aircraft orders.

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27 Feb
Comment: What are the chances for Marine Le Pen's Frexit plan for France?
marine_lepen

By Ipek Ozkardeskaya, senior market analyst at London Capital Group.

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27 Feb
UK consumer confidence crawls higher despite growing inflation concern
meadowhall, british land, retail, shopping centre

Consumer confidence improved slightly in the UK in February despite increasing worries about inflation, European Commission data revealed on Monday, while eurozone economic sentiment remained broadly flat.

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27 Feb
Warren Buffett praises effect of immigration on US economy
warren-buffett-fete-ses-50-ans-a-la-tete-de-berkshire-hathaway

Billionaire investor Warren Buffett has heaped praise on the contribution of immigrants to the US economy, and expressed confidence that American companies will continue to grow in years to come.

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24 Feb
FX round-up: Sterling endures torrid Friday as traders head for safe-haven gold
Money scale pounds

Sterling had a torrid time on key crosses Friday with traders buying defensive assets such as gold on concerns about Europe's political unease, and worries about the economic impact of Brexit.

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24 Feb
London close: FTSE 100 dragged down by banks and miners
Sadiq Khan Mayor of London

Banks and miners led the FTSE to a lower close Friday, in a session awash with blue-chip news including disappointing annual results from Royal Bank of Scotland and Standard Chartered, among other stocks reporting.

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24 Feb
Berenberg downgrades Goldman Sachs as Trump rally 'may have peaked'
goldman-sachs-a-suivre-sur-les-marches-americains

Goldman Sachs has been downgraded to 'sell' by Berenberg as the German bank indicated its belief that the investment banking behemoth's stock is now overvalued and that it could face structural headwinds in 2017.

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24 Feb
Trump whips up CPAC with 'massive' tax cut pledge, Mexico wall timetable
cbmryen

President Donald Trump told the Conservative Political Action Conference he would "massively" lower taxes for America's middle classes as well as trimming business taxes, while also pledging to begin undoing his predecessor's 'Obamacare' healthcare laws in coming months.

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24 Feb
Mexican current account deficit narrows further in fourth quarter 2016
altos hornos de mexico port

Mexico's current account deficit narrowed over the last three months of 2016 on strength in manufacturing, but risks were on the rise, economists said.

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24 Feb
Breakout for bonds and US dollar ahead, BofA-Merrill Lynch says
Wall street america US USA signs

Investors continued to rotate towards so-called 'inflation trades', ahead of a likely break-out in bonds and the US dollar, according to the widely-followed weekly tally of fund flows by Bank of America-Merrill Lynch.

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24 Feb
Commodities: Dissatisfied traders sell crude on rise in US inventories
Nighthawk Energy nodding donkey, oil & gas

Crude-oil futures are rising Friday as traders continue to express dissatisfaction at yet another rise in US inventories amid a long-running global glut of the black liquid.

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24 Feb
French election concerns to keep dragging stocks lower
arc de triomphe paris france europe

The upcoming French presidential elections of 23 April and 7 May are a key concern for investors as jitters seeped further into European Markets at the end of the week.

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24 Feb
US new home sales rise less than expected in January
US house USA United States of America housing

Sales of new US single-family homes rose less than expected in January, according to official data released on Friday.

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24 Feb
US consumer confidence weakens in February
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US consumer sentiment weakened in February, according to the final reading from the University of Michigan.

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