CURRENCIES
20 Oct
FX round-up: Dollar boosted by tax plans, pound rallies on Brexit hopes
currencies euro dollar pound money cash sterling

President Donald Trump's tax reforms made the dollar the early story, before a sterling narrative took over as Brexit developments filtered through from the EU 27 in Brussels.

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20 Oct
US existing home sales move higher in September
Housing, housebuilding, homes, construction

Existing home sales in the States broke a three-month streak of consecutive declines but were nevertheless labelled "meagre" by some observers, who warned that a lack of supply and fast price increases were putting a crimp in buyers' budgets.

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20 Oct
Spain orders elections in Catalonia in step towards autonomy suspension
ANC Cataluna catalana

Spain’s government will force elections in Catalonia in January with the support of the official opposition, in one of the first steps toward withdrawing autonomy for the region.

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20 Oct
EU27 to prepare internally for second phase of Brexit talks
angela merkel security conference february 2015-560x276

European leaders have agreed to move internal discussions on Brexit onto issues of trade and the exit transition - but not with the UK negotiating team due to the "insufficient progress" made in negotiations.

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20 Oct
Trump tax bill clears Senate hurdle as Bush and Obama make veiled swipes
campaign 2016 trump 37

US President Donald Trump’s proposed tax reforms cleared a significant hurdle on Thursday as the Senate passed a blueprint budget for 2018, as the divisiveness under his administration faced thinly-veiled attacks from predecessors Barack Obama and George W Bush.

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19 Oct
FX round-up: Euro at one-week high as investors shrug off Catalonia referendum
barcelona

The euro climbed to a one week high on Thursday as Spain moved to suspend autonomy in the region of Catalonia.

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19 Oct
Philly Fed manufacturing index hits five-month high in October
factory, factories, manufacturing, manufacturer

Manufacturing conditions in the Philadelphia region unexpectedly improved in October, according to a survey released on Thursday.

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19 Oct
US initial jobless claims drop to lowest since 1973
City workers

The number of Americans filing for unemployment benefits dropped more than expected last week, according to data from the Labor Department.

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19 Oct
New Zealand's lurch left sends Kiwi dollar crashing
jacinda ardern new zealand prime minister labour party

The New Zealand dollar crashed on Thursday, after it emerged that a socialist-populist coalition would be making up the country’s next government.

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19 Oct
Spain expected to suspend Catalan autonomy as Puigdemont refuses to back down
artur mas carles puigdemont

Spanish prime minister Mariano Rajoy is expected to press ahead with Article 155 to suspend autonomy for Catalonia after regional president Carles Puigdemont refused to revoke his suspended declaration of independence.

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19 Oct
China GDP grows at steady clip in Q3, but economists anticipate slowdown
cbchina81

China's economy continued expanding at a steady clip last quarter, although some economists believed tighter economic policy was set to weigh on the pace of expansion.

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18 Oct
FX round-up: Dollar on the front foot for fifth day, sterling lower after wage data
euro-dollar-parite-monnaie

The greenback continued to strengthen on Wednesday as higher U. S. Treasury yields triggered a squeeze on investors who have been broadly bearish on the greenback in recent weeks, while the pound fell again as investors considered the latest wage data.

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18 Oct
Iraqi government calls on BP to help develop Kirkuk's oilfields
cbbp123

Iraqi government officials urged oil giant BP to assist in developing oilfields in the disputed city of Kirkuk on Wednesday after Iraqi troops and state-sanctioned militiamen stormed through the area on Sunday.

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18 Oct
Spain's stance hardens as final deadline for Catalonia approaches
ep la vicepresidentagobierno soraya saenzsantamaria 20170403151408

The Spanish government does not appear to be wavering in its ultimatum to Catalan separatists, as Mariano Rajoy’s Thursday deadline for clarification on the independence issue draws near.

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18 Oct
US housing starts fall for third consecutive month in September
bandera EEUU USA

A key indicator of homebuilding activity in the States fell back for a third consecutive month in September, but some economists brushed off the data, saying they expected to see at least a partial rebound in coming months.

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18 Oct
Euro area construction output dips in August
1euro

Euro area construction output shrank slightly in August amid softer activity in both building and civil engineering.

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18 Oct
Xi hails 'new era' for China at opening of Communist Party congress
cbchina81

Chinese president Xi Jinping opened the Communist Party Congress with a three-hour speech on Wednesday in which he pledged to lead the country into a "new era", lowering trade barriers and deepening financial sector reforms.

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18 Oct
UK needs to keep close ties with the EU post-Brexit - OECD
brexit mx

The Organisation for Economic Co-operation and Development (OECD), on Tuesday, said it was in the UK's best interest to preserve close ties with the EU, having weakened in the aftermath of Brexit, to boost productivity as well as maintaining future living standards.

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17 Oct
FX round-up: Sterling lower on hawkish BOE tones, greenback firms up for second day
banque-d-angleterre-boe

Data out on Tuesday for the the UK showed year-on-year inflation hit a five year high of 3%.

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