ECONOMIC NEWS
14:48
US retail sales rise 0.8% in November, comfortably beating forecasts
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The US Commerce Department reported retail sales to be 0. 8% higher in November, easily surpassing forecasts of 0. 3%.

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13:18
BoE expects gradual and limited policy tightening over medium-term
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The Bank of England kept policy on hold by a unanimous vote as had been widely-anticipated given previous guidance for a very gradual pace of tightening over the medium-term.

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13:16
ECB keeps all rates unchanged, confirms guidance on asset purchases
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The European Central Bank has opted to keep all its main policy rates unchanged, with policy-makers reiterating that they expect to keep all their key rates as they are until well past the end of the ECB's net asset purchase programme.

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13:13
China tweaks lending rates after Fed decision
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China's central bank tweaked two of its policy rates in what some analysts said was a bid to relieve pressure on the country's currency.

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13:04
Google trends reveal the most searched terms of 2017
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Bitcoin, the increasingly popular cryptocurrency has dominated Google’s top searches this year.

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12:12
Worldwide inequality grows as richest 0.1% grab more wealth
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The 2018 World Inequality Report shows the dramatic rise in inequality in recent decades caused by unequal ownership of capital, privatisation of public assets and limp tax policies.

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11:04
Ifo bumps up German growth forecasts
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The Ifo Institute bumped up its German growth forecasts for next year as it highlighted strength in the construction and manufacturing sectors.

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10:51
Eurozone manufacturing PMI hits highest level on record in December - IHS Markit
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Business activity in the eurozone accelerated in December, with manufacturing activity at a record high, according to figures released on Thursday.

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10:06
UK retail sales flatter to deceive thanks to Black Friday effect
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UK retail sales increased much more than expected last month due to a statistical anomaly caused by Black Friday.

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13 Dec
Video stream users may be exposed to hidden cryptocurrency mining
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Popular video streaming sites have a secret embedded code that mines cryptocurrencies through visitors' computers.

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13 Dec
Connected cars may help Highways England spot potholes
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Highways England, the government body responsible for roads, could receive as much as £30bn for the next Road Investment Strategy (RIS2).

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13 Dec
FOMC hikes rates, but Evans and Kashkari dissent
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The US central bank went ahead with its third rate hike of 2018, as expected, but two rate-setters dissented, voting instead for no change.

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13 Dec
Thursday preview: BoE, ECB, European Council, Bunzl, Ocado, Sports Direct
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Thursday is a big day for the Brexit process as the European Council begins its two-day meeting in Brussels, while the Bank of England's and European Central Bank's rate setters are also convening and results are expected from the likes of Bunzl, Cussons, Ocado and Sports Direct.

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13 Dec
Gasoline stockpiles build alongside increased domestic output
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US crude oil inventories shrank more quickly than expected last week, albeit a large increase in domestic output and an offsetting large build in gasoline stockpiles.

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13 Dec
US core CPI falls short of forecasts in November
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Consumer prices in the US confounded economists again last month as core inflation fell short of their forecasts, weighed down by a sharp drop in apparel costs.

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13 Dec
WTI off intra-day highs as OPEC revises US output forecasts higher
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The Organisation of the Petroleum Exporting Countries has revised its projections for US shale output in 2017 and 2018 higher even as the degree of forward cover in the industrialised world continued to rise.

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13 Dec
Tech firms to be liable for extremist, abusive content on their platforms.
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Theresa May has said that that the government will force tech firms such as Facebook and Twitter to remove extremist content from their platforms quickly or face fines.

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13 Dec
Tillerson says US is ready for talks with North Korea
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US Secretary of State Rex Tillerson has said the United States is open to communication with North Korea 'without preconditions'.

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13 Dec
Republican candidate Moore defeated in Alabama in major blow to Trump
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Donald Trump was dealt a major blow on Tuesday after Republican candidate Roy Moore was defeated by Democrat rival Doug Jones in a senate election in the GOP stronghold of Alabama.

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13 Dec
Brexit: Theresa May could be facing defeat over withdrawal bill
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The British government is facing a rebellion in parliament after MPs requested an amendment calling for a “meaningful vote" on the Brexit deal before it is made final.

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