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Economic News
28 Feb
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FX round-up: Sterling, dollar mixed ahead of Trump, Fed speeches

Sterling was lower on most key crosses Tuesday as markets took a cautious hue ahead of US President Donald Trump speaking before Congress, while in the UK yet another Tory icon questioned PM Theresa May's Brexit plans.

28 Feb
bullard
Fed's Kaplan supports near-term rate hike

A top US rate-setter reiterated his support for a near-term interest rate hike, albeit without suggesting which specific date might be best.

28 Feb
cbmryen
London close: FTSE mildly up amid transatlantic caution ahead of Trump speech

Equities in London turned a mildly positive performance ahead of US President Donald Trump's speech before Congress, while US Federal Reserve's interest rate stance was again in focus.

28 Feb
Wednesday preview: Plenty of macro data to crunch

Looking forward to Wednesday, there are many data releases to keep macro watchers interested, while markets may well still be reacting to Donald Trumps much-trumpeted speech due later.

28 Feb
boris, johnson, boris johnson, london
Boris Johnson chides former prime ministers in their criticism of Brexit

In an apparent response to two former Prime Ministers' rebuke of the government's approach to Brexit, Foreign Secretary Boris Johnson warned against “people moaning and droning about the state of the world”.

28 Feb
Xi Jinping china
China mulling subsidies for two-children families

The Chinese government is considering an option to encourage families to have more than one child, after decades of restrictions on those wanting to have large families.

28 Feb
US consumer confidence unexpectedly improves in February

US consumer confidence unexpectedly improved in February, according to data from the Conference Board.

28 Feb
Chicago PMI rises more than expected in February

Economic activity in the Chicago area improved more than expected in February.

28 Feb
ashtead, shipping container, port, dock
US industrial recession over, Barclays says after US trade data

America's shortfall in trade on goods with the rest of the world increased in January as stronger consumption boosted purchases from overseas.

28 Feb
builder housebuilding bricklayers persimmon
US home price gains outpace forecasts in December

Home price gains in the States accelerated to a 30-month high in December, according to one of the most widely-followed gauges.

28 Feb
Osborne warns of protectionist Brexit without alternative trade deal

UK's quitting the EU without an alternative trade deal would be the biggest single action of protectionism in the nation's history, warns former Chancellor George Osborne in London.

28 Feb
ashtead, shipping container, port, dock
US GDP slows in fourth quarter, consumption revised higher

US economic activity slowed in the final stretch of 2016 as export growth cooled and a key measure of price pressures fell back.

28 Feb
cbpatrickharker
Trump says increased military spending to come from 'revved up economy'

US President Donald Trump has said that the $54bn planned increase in military spending in the country's budget will be generated by a "revved up economy".

28 Feb
Two women charged with Kim Jong-nam murder as North Korean team arrives

An Indonesian and a Vietnamese woman will be charged with the murder of the half brother of North Korean leader Kim Jong-un in Malaysia, the attorney general in Kuala Lumpur has confirmed.

28 Feb
ukflag
Britons more confident of UK economic outlook in January, Lloyds says

Britons' were significantly more confident about the UK economy's prospects at the start of 2017, even as concerns about the outlook for their disposable income mounted.

28 Feb
Britain, UK flag
GfK says Britons less confident in January on savings, outlook for personal finances

Britons were less optimistic in February, judging that both the outlook for their personal finances and ability to save had worsened, the results of a widely-followed survey revealed.

28 Feb
BoJ
Japanese industrial production unexpectedly shrinks in January

Japanese industrial production unexpectedly shrank in January amid declining output of transport equipment, chemicals and business oriented machinery.

28 Feb
Wilbur Ross, inversor, experto, guru
Wilbur Ross confirmed as Trump's commerce secretary

Billionaire investor Wilbur Ross was confirmed as the US commerce secretary on Monday after receiving unanimous approval in the Senate.

28 Feb
BoJ
Japan PM Abe and BoJ chief defend country's monetary policy

Japan's prime minister and central bank chief came out in defence of the policies pursued by the country's monetary authority.