CURRENCIES
08:10
French Presidential Elections 2017 - Analysts react
airbus a380 francia

"The result is more than a risk avoided. It offers a genuine chance to reform France and strengthen the Eurozone and the EU. Fillon and Hamon immediately endorsed Macron. Fading political risk in France adds to the chance that French and Eurozone growth can surprise to the upside this year. [. ] The late surge in support for Melenchon, who espouses the kind of loony left ideas that bankrupted Venezuela, remains scary. It shows that the potential for populist accidents is not confined to the UK (Brexit, Corbyn) and the US (Trump, Sanders).

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08:02
French equity futures jump after election result, analysts divided
emmanuel-macron

Equity futures were pointing to a sharply higher open for French stocks after centrist Emanuelle Macron was revealed to have won the first round of voting in the country's presidential elections at the weekend.

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06:54
Macron and Le Pen to face-off in French second round vote
le-pen-macron

Centrist Emmanuel Macron and his far-right rival Marine Le Pen won the first round of voting in the country’s presidential elections today, according to various reports.

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21 Apr
FX round-up: Pound, US dollar find slight safe haven bid at end of the week
money

Friday saw the pound weaken a tad against the dollar but flirt closer to the 1. 2 euro level that has been playing hard to get since June, with the single currency also on the backfoot against the greenback although it too ended higher for the week.

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21 Apr
UK steel firms cautious ahead of Trump export investigation
campaign 2016 trump 37

Steelmakers in Britain are on alert as Donald Trump launches an investigation into steel dumping in the US and suggested new tariffs will be levied on imports.

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21 Apr
Analysts differ on forecasts for China's FX reserves
cbchina81

Capital outflows from China slowed significantly over the past two months, Capital Economics estimated, telling clients that the country's fight against them might be nearly over, but Oxford Economics disagreed.

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21 Apr
US existing home sales hit 10-year high in March
US house USA United States of America housing

Sales of US existing home sales rose more than expected in March, to their highest pace in more than 10 years, according to data from the National Association of Realtors.

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21 Apr
US factory and service output levels at seven-month lows in April
factory, factories, manufacturing

The US economy softened at the start of the year, with levels of output in both the manufacturing and services sectors dipping to seven-month lows, the results of a survey showed, but economists believed there were good reasons to expect a rebound going forward.

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21 Apr
Paris attacker kills policeman, injures two others, IS claims responsibility
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An attack against a bus carrying French policemen claimed one victim and left two other officers injured just two days before the hotly-contested first round of the French presidential elections.

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21 Apr
Le Pen or Melenchon election victory would trigger a correction, Citi says

The most likely outcome of the French elections was a victory for either the centrist or centre-right candidates, Emmanuele Macron and Francois Fillon, strategists at Citi said.

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21 Apr
Barclays believes worst of iron ore price slide over, positive on mining
Iron ore mining

Analysts at Barclays sounded a positive note on the EU mining sector, flagging the potential for large cash returns from Glencore, S32 and Rio Tinto over the medium-term.

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21 Apr
Eurozone business activity hits six-year high in April
bce, banco central europeo

Business activity in the eurozone hit a six-year high in April, according to preliminary data released on Friday.

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20 Apr
FX round-up: Corbyn manifesto against moral corruption boosts pound
jeremy-corbyn-reelu-a-la-tete-du-parti-travailliste

Talk that Labour might push for personal income tax hikes in the upcoming general elections and combative language from Jeremy Corbyn gave the pound a fillip.

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20 Apr
Manufacturing activity in US mid-Atlantic region slips in April
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Factory activity in the US mid-Atlantic region cooled in April alongside a decrease in price pressures.

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20 Apr
Initial weekly US jobless claims edged past forecasts
EEUU

US jobless claims rose last week, edging past economists forecasts, even as a key measure of labour market slack fell to its lowest level since the turn of the century.

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20 Apr
Emirates to cut US routes after Trump travel restrictions
ep avion a380 emirates

Middle Eastern airline Emirates is to cut its flight routes to the US, citing concerns over restrictions brought in by Donald Trump’s administration related to visa programmes and electronics.

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20 Apr
Rex Tillerson accuses Iran of 'alarming provocations'
cbrextillerson

US Secretary of State Rex Tillerson has warned that "alarming provocations" from Iran could destabilise other states in the Middle East, and made a comparison between it and the isolated North Korea regime.

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19 Apr
FX round-up: Some analysts diverge in their outlook for the pound
Money coins pound

Cable fell prey to profit-taking on Wednesday as traders pondered the next move in the pair, alongside remarks from rate-setters on both sides of the Atlantic which highlighted the policy divide between the US Federal Reserve and the European Central Bank.

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19 Apr
WTI futures sent reeling by smaller than expected decline in oil stocks
BP service station in Tennessee, US; oil & gas; petrol

US gasoline inventories rose unexpectedly last week as refineries continued to ramp-up, but the resulting drawdown in oil stockpiles was also less than anticipated.

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19 Apr
Snap election 'an excuse to do nothing' - WPP chief Sorrell
wpp group chief executive martin sorrell

The CEO of advertising giant WPP has said the decision of Theresa May to call a snap election later this year is "just another excuse to do nothing".

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