INTERNATIONAL NEWS
27 Feb
US close: Dow notches 12th consecutive record close
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US stocks shook off early losses to end higher, with the Dow notching up a record close for the 12th session in a row as President Trump teased investors with talk of a “big” announcement on infrastructure when he addresses Congress on Tuesday.

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27 Feb
FX round-up: Sterling ends mixed after second Scotland independence vote worries abate
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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
Europe close: Italian stocks jump even as ruling party splits
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European stocks were higher on Monday, with Italian stocks leading the way, as investors reacted to promises of greater defence and infrastructure spending from the US president and apparently shrugged off news that the ruling party in Rome had split.

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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
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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
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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 open: Markets take a breather ahead of Trump speech
New York Stock Exchange, NYSE, markets, Wall Street, US, America. Photo: George Rex

Ahead of President Donald Trump's speech on tax, and possibly on fiscal spending plans, US stocks took a breather from previous record highs on Monday with the Dow on track to break its 12 day winning streak.

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27 Feb
US homebuying activity hits skids in January on lack of supply
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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
Facebook to offer international money transfer service
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US tech giant Facebook is now offering a new service for users of the social media site - the ability to transfter money internationally through its Messenger app.

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27 Feb
US durable goods orders up 1.8% in January
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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?
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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
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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
Asia report: Markets lower as sterling drops against greenback
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Markets in Asia finished lower on Monday, with many traders turning their attention to currencies and the tumbling sterling against the greenback.

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27 Feb
US pre-open: Stocks seen muted as investors pause for breath
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis

US futures pointed to a muted open on Wall Street, with investors likely to pause for breath after recent gains as they look to a speech by President Donald Trump on Tuesday.

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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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