COMMODITIES
26 Apr
Le Pen's long odds attract new punters to French political betting
macron le pen

Gamblers have been piling in to bet on far-right candidate Marine Le Pen wrestling a surprise win over centrist candidate Emmanuel Macron next month, according to bookmakers.

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26 Apr
FX round-up: Generally upbeat sterling dips on dollar ahead of Trump tax reforms unveiling
cash money sterling pound

Sterling enjoyed a relatively rosy day on most key crosses, but fell against a resurgent US dollar ahead of US President Donald Trump outlining his proposed tax reforms later on Wednesday.

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26 Apr
White House prepares executive order withdrawing from NAFTA
aluminio mexico

The Trump administration is preparing an executive order to withdraw from the North American Free Trade Agreement.

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26 Apr
London close: FTSE higher ahead of Trump's tax reform unveiling
0cb916

Stocks in London ended Wednesday on a positive note ahead of US President Donald Trump's big unveiling of his much-anticipated tax reform proposals.

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26 Apr
Deutsche Bank executive warns Brexit could endanger 4,000 jobs
deutsche-bank-aurait-besoin-de-beaucoup-de-capitaux

One of Deutsche Bank's top executives has warned as many as 4,000 jobs at the lender could be at risk due to Britain's impending departure from the European Union.

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26 Apr
Commodities: Crude bounces off lows as EIA data shows fall in US inventories
Oil & gas plant

Crude futures bounced off earlier lows on Wednesday afternoon as US Energy Information Administration (EIA) data showed a surprise fall in inventories last week.

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26 Apr
WTI futures spike higher following DoE inventory data
BP, oil, gas

US crude oil inventories fell sharply last week despite rising imports as product stockpiles continued to build.

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26 Apr
BoJ preview: Policy changes unlikely, yen seen higher
cbdolaryen123

The Bank of Japan was likely to refrain from announcing any changes to the settings for its main policy levers on Thursday at its next meeting given the risk that inflation would remain far from its target, analysts at Bank of America-Merrill Lynch said.

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26 Apr
Mnuchin confirms plans to slash US corporate tax rate to 15%
mnuchin

The White House is planning the biggest reduction in taxes ever, the US Treasury Secretary confirmed on Wednesday.

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26 Apr
Banks to begin shift to European shores soon, Barclays CEO says
les-charges-pesent-sur-le-1er-semestre-de-barclays

Barclays CEO Jes Staley has said many international banks will begin the process of moving operations away from Britain "reasonably" soon due to concerns about Brexit.

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26 Apr
Canaccord highlights potential in Rockhopper and Eland Oil&Gas
BP, oil, gas

Analysts at Canaccord Genuity highlighted the favourable prospects for junior oil explorers Rockhopper and Eland Oil&Gas.

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26 Apr
French consumer confidence steady heading into critical 'run-off' vote
Paris, eiffel tower, France, French

French consumer confidence was steady in April amid a sharp fall in fears of becoming unemployed with more people believing now was a good time to carry out large purchases.

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25 Apr
FX round-up: Sterling holds up well as attentions turn from Macron to ECB, US tax reforms
currencies euro dollar pound money cash sterling

Sterling held up relatively well on Tuesday -- up on the dollar but down on the euro -- as the market looks to the European Central Bank's rate decision later in the week, US tax reforms tomorrow and a stack of other economic data due on both sides of the Atlantic.

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25 Apr
London close: FTSE consolidates Macron gains as gaze turns to US tax reforms
Canary Wharf and the O2, London Docklands; markets, finance, City

Stocks in London spent Tuesday consolidating their gains after Monday's sprint higher on the outcome of the first round of voting in France's presidential election, with traders now turning their attentions to potential US tax reforms.

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25 Apr
US consumer confidence slips in April
bandera EEUU USA

US consumer confidence slipped in April as the outlook for business conditions and employment deteriorated, according to one of the most widely-followed gauges of sentiment.

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25 Apr
Commodities: Crude futures tend lower ahead of much-watched API data
barrel

Crude-oil futures were tending lower ahead of industry stores data from American Petroleum Institute later on Tuesday.

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25 Apr
US new home sales rise at fastest pace since 2007 in March
crest nicholson housing build

US home sales increased last month at their fastest clip since 2007.

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25 Apr
Comment: Canadian dollar not yet over its troubles
Canadá

The Canadian dollar depreciated to the lowest levels since December against the US dollar on Tuesday, with a possible trade war likely to do major damage, writes Ipek Ozkardeskaya of London Capital Group.

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25 Apr
Trump administration considers laptop ban for European flights
cbtrump823

European passengers travelling to the US may face a ban on bringing their laptops on board as Donald Trump weighs up plans to restrict the use of computers on flights from Europe.

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25 Apr
JP Morgan upgrades Weir Group to Outperform
Weir Group, oil & gas services

JP Morgan revised its target price on shares of oil equipment manufacturer Weir Group, judging that it had been too cautious regarding the firm's near-term pricing power.

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