Economic News
US central bank should be careful when raising rates, Fed's Kaplan says
One of the highest-ranking US central bank officials argued for caution when deciding on the pace of interest rate hikes.
FX round-up: Sterling drifts through Friday, uncertain of the path forward
Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.
Tourism stocks surge on strong UK travel data
UK tourism continues to boom thanks to the weak pound, enticing more visitors from around the world to the UK and strongly boosting spending.
London close: Value hunters push FTSE higher as Tesco flops on Amazon concerns
Equities in London finished Friday on a positive note as investors went value hunting after yesterday's sell-off, but sterling gains on the dollar limited the upside.
EU car registrations recover in May but fall in Ireland, UK
Car registrations rebounded across the European Union following a steep decline in April, recovering to close to their May 2007 levels, just before the economic crisis hit.
Consumer sentiment sours after Comey testimony, University of Michigan says
Consumer sentiment in the States soured in the wake of ex-Federal Bureau of Investigation chief James Comey's Senate testimony, the results of the most widely-followed gauge of the consumer climate revealed.
Commodities: Crude steals cautiously higher as market looks ahead to rig-count data
Crude-oil futures stole cautiously ahead Friday as the market awaits Baker Hughes rig data this afternoon, and despite the overall bearish sentiment surround the black liquid.
May US housing starts miss forecasts
Activity in the US housing market cooled sharply last month.
Jobs and economy must take priority in Brexit talks - Hammond
Chancellor of the Exchequer Philip Hammond has said the government’s priority as it enters Brexit negotiations should be on jobs and the economy.