ECONOMIC NEWS
19 Jan
Take bank threats to leave Brexit London 'with dose of scepticism'
hsbc-verse-470-millions-de-dollars-pour-regler-un-litige-avec-les-autorites-americaines

While warnings by financial institutions that they will shift jobs away from London due to Brexit poses a risk the country’s economy and commercial property markets, there was a call on Thursday to “take their threats with a dose of scepticism”.

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19 Jan
Airline bosses report sky high operating costs but remain optimistic for 2017
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The International Air Transport Association has released research suggesting a challenging environment for airlines, including lower passenger yields and an increase in operating costs.

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19 Jan
Marine Le Pen leads poll ahead of French presidential election
marine le pen

French National Front leader Marine Le Pen has surged ahead in a key poll as attention turns to the presidential election later this year in the country.

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19 Jan
Energy prices at a two-year high, says Ofgem
cbmetales

Energy prices have risen this month to a two-year high according to the office of gas and electricity markets (Ofgem).

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19 Jan
RBS might book charge for US RMBS litigation in Q4, report says
RBS Royal bank of Scotland

State-owned RBS might book a charge for expected litigation charges stemming from the US Department of Justice´s probe into its role in that country´s sub-prime mortgage meltdown which ensued during the last financial crisis as soon as in its fourth quarter eanings statements.

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19 Jan
ECB keeps policy measures unchanged
draghi bce septiembre

The European Central Bank decided to keep key interest rates and the asset purchase programme unchanged on Thursday.

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19 Jan
Initial US weekly unemployment claims see large drop
jobless, unemployment, employment, us, usa, america

A key gauge of the short-term health of the US labour market continued to improve during the latest week.

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19 Jan
Philly Fed index unexpectedly jumps in January
factory, factories, manufacturing, manufacturer

Manufacturing conditions in the Philadelphia region unexpectedly improved in January.

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19 Jan
US housing starts rise more than expected in December
US house USA United States of America housing

US housing starts rose more than expected in December, according to data released by the Commerce Department.

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19 Jan
Bonds: Prices continue to move within recent trading ranges
0cb796

These were the moves in some of the most widely-followed 10-year sovereign bonds:.

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19 Jan
US CPI in line with forecasts in December
bandera EEUU USA

US consumer prices rose in December, driven by gains in prices for energy, second-hand autombiles and medical care commodities.

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19 Jan
Economist Roubini compares Trump strategies with communism
Nouriel Roubini

The economist who predicted the global stock market crash in 2008 has said that if Barack Obama had espoused policies put forward by president-elect Donald Trump, he would be labelled a communist.

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19 Jan
Goldman Sachs to move half its London bankers to Frankfurt
goldman-sachs

Giant investment bank Goldman Sachs plans to move 1,000 of its City of London traders and bankers to Frankfurt when the UK exits from the European Union, according to reports in Germany on Thursday.

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19 Jan
Britain to be 'global leader in trade' post-Brexit, says Theresa May
Theresa May

Prime Minister Theresa May told world leaders on Thursday that a post-Brexit Britain will be a leader in trade and that the country would “step up to a new leadership role” after it leaves the European Union.

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19 Jan
UK housing market activity falls in December, RICS says
Homes, houses, London

Britain’s housing market “stuttered” in December as price growth slowed and the number of sales fell, according to a widely followed survey on Thursday.

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18 Jan
Fed funds rate headed towards 3% over medium-term, Yellen says

Policy interest rates in the US might rise towards 3% by the end of 2019, the head of the US central bank told an audience.

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18 Jan
Mexican peso, Canadian Loonie hit by report US to re-open NAFTA deal
acero mexico

Mexico´s peso hit a fresh record low on Wednesday evening after The Globe and Mail reported that incoming US trade chief Wilbur Ross had notified the Canadian government of the new American administration´s intention of renegotiating two key pieces of the 1994 North American Free Trade Agreement.

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18 Jan
How to trade in the financial markets, FXTM´s Thalassinos explains
Andreas Thalassinos, FXTM

- Written by Andreas Thalassinos, head of education at FXTM .

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18 Jan
US industrial production jumps in December
fonterra milk new zealand nz global dairy trade globaldairytrade gdt

US industrial production jumped at the tail-end of 2016 as utilities output soared, albeit amid downwards revisions for data from prior months.

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18 Jan
Brent crude futures fall as IEA chief forecasts higher supplies
BP, oil, gas

Then current oil prices would definitely trigger a "strong" supply response from US alternative oil producers, the chief of the rich-world´s energy watchdog said.

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