CURRENCIES
28 Apr
FX round-up: Sterling nonchalant after UK Q1 growth disappoints
Kent Inglaterra UK dover cliffs

Sterling made steady gains on most key cross on Friday, appearing nonchalant in its reaction to disappointing UK economic growth data out mid-morning.

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28 Apr
London close: FTSE lower as UK, US growth in Q1 disappoints, sterling up
Night tube/underground, London

Stocks in London drifted to a lower close on Friday as a rise in sterling weighed on blue chips and both UK and US preliminary economic growth data disappointed investors on both sides of the Atlantic.

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28 Apr
US GDP growth slows more than expected in Q1 2017
capitolio

Economic activity in the States slowed at the start of the year, weighed down by a slowdown in the pace of inventory accumulation, lower public spending and increased imports.

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28 Apr
Commodities: Crude rises on reports of Russia compliance with Opec output limits
Bolsa_petroleo_rusia

Crude-oil futures are higher on Friday as traders liked reports Russia has complied with Opec output limits, and also on hopes the cartel will extend its production cut pledge.

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28 Apr
US consumer sentiment picks up less than expected in April

Consumer sentiment in the US picked up less than expected in April, according to figures from the University of Michigan.

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28 Apr
Chicago PMI unexpectedly improves in April

Economic activity in the Chicago area unexpectedly improved in April, according to data released on Friday.

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28 Apr
US employment costs rise at fastest pace since end of 2007
bandera EEUU USA

Employment costs in the US rose in the first quarter at their fastest clip since the end of 2007, led by gains for both private sector wages and benefits.

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28 Apr
Europe midday: Stocks rise amid strong fund flows, economic data
Bank of America-Merrill Lynch, City view plaza, San Jose by Michael Gray

European stocks were seeing some buying interest after data showing inflows into euro area stocks were at their strongest since December 2015 and following the release of several stronger than expected reports on the Eurozone economy, including on money supply dynamics and consumer prices.

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28 Apr
EU leaders prepare Brexit clause for reunified Ireland membership
donald-tusk-annonce-un-accord-unanime-sur-la-grece

Northern Ireland could be allowed fast-track access to EU membership in the event of its reunification with the rest of the island, as European leaders prepare to thrash out their negotiating stance for upcoming Brexit talks with the UK government.

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28 Apr
Euro jumps as core CPI outstrips economists' forecasts in April
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Consumer prices in the euro area beat forecasts by a comfortable margin in April, especially at the 'core' level, as services prices accelerated.

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28 Apr
German retail sales edge past forecasts in March
europe germany map france uk britain spain

Retail sales in the euro area's largest economy registered a slight increase last month, led by turnover in the home furnishings, household appliances and builders' ware categories.

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28 Apr
Trump warns of 'major' North Korea conflict as China weighs in
cbtrump823

US President Donald Trump has warned that the country is prepared for a "major conflict" with North Korea as tensions between the two states rise another notch over the latter’s nuclear and missile programs.

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28 Apr
French GDP expands as expected in Q1 despite slump in trade
Paris, eiffel tower, France, French

France's economy slowed a tad at the start of the year as household spending took a breather and amid a big drag from foreign trade.

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27 Apr
Shift in 'forward guidance' was not discussed on Thursday, ECB chief Draghi says
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European Central Bank chief Mario Draghi left the door open to further policy easing, sending the euro slightly lower, albeit while noting that the balance of risks had moved towards a "more balanced configuration".

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27 Apr
ECB policy decision - Analysts react
European Central Bank (ECB) president Mario Draghi

"In June we expect a change to a less dovish and more symmetric forward guidance that would open the door for depo rate hikes in 2018. In particular, we would expect modifications possibly to both the forward guidance on rates and on QE by removing the explicit reference in the statement to a scenario with lower rates and/or higher QE. " - Philippe Gudin, Antonio Garcia Pascual, Barclays Research.

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27 Apr
FX round-up: Sterling sails higher on UK retail data, ECB rate call
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Sterling sailed higher on most key crosses Thursday as investors liked the currency after pleasing UK retail data, European Central Bank holding interest rates and last night's US tax-reform disappointment.

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27 Apr
London close: Resources weakness, US tax-reform hangover and ex-divs punish FTSE
battersea power station nine elms luxury development

Equities in London were punished lower on Thursday as pronounced weakness among mining and oil majors, a US tax-reform hangover, and a bundle of ex-dividend shares all told against the FTSE.

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27 Apr
Commodities: Crude futures slump on reports of two Libya oilfields resuming output
rosneft, oil, gas, pipeline

Crude-oil futures slumped more than 2% on Thursday afternoon as a report said two key oilfields in Libya have resumed pumping against a backdrop of rising US shale output and the now chronic global glut.

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27 Apr
Merkel warns UK not to approach Brexit talks with "illusions"
angela merkel dedo

German chancellor Angela Merkel has warned that British people should not harbour "illusions" about the country's fate in the aftermath of Brexit.

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27 Apr
US pending home sales drop less than expected in March
US house USA United States of America housing

US pending home sales fell less than expected in March, according to data from the National Association of Realtors.

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