INTERNATIONAL NEWS
08:32
French Presidential Elections 2017 - Analysts react
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"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
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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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23 Apr
US close: Stocks end week higher on tax cut hopes
bandera EEUU USA

Wall Street ended on a down note on Friday but slightly higher over the latest five-day stretch, its first weekly gain since the end of last month, after the White House indicated that much-awaited tax cuts will arrive before the end of 2017.

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21 Apr
Europe close: Investors sit on their hands ahead of French elections
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European stocks finished on a mixed note on Friday with the CAC 40 slipping after the Paris shooting fuelled uncertainty about the French presidential election, although it was Italian stocks that did worst.

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21 Apr
Judge approves $4.3bn penalty for VW diesel engine emissions scandal
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Volkswagen has been hit with a $4. 3bn penalty for misleading US regulators and customers about its diesel engines’ emissions after a US federal judge approved the criminal charge.

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21 Apr
UK steel firms cautious ahead of Trump export investigation
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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
US open: Stocks little changed as investors mull French election, Mnuchin comments
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US stocks were little changed on Friday as concerns about the French presidential election weighed on investors, while they also digested comments from Treasury Secretary Steven Mnuchin that the Trump administration is close to bringing forward major tax reform.

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21 Apr
General Electric beats on earnings but sees negative cash flow in Q1
general electric

US industrial giant General Electric beat on its top and bottom lines in the first quarter, but reported negative cash flow in industrial operating activities.

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21 Apr
Analysts differ on forecasts for China's FX reserves
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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
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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
Tesla recalls 53,000 vehicles over brake problems
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US carmaker Tesla Motors has recalled 53,000 of its Model S and Model X vehicles after it found issues related to the cars’ braking systems.

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21 Apr
Asia report: Markets rally after Wall Street surge
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Markets in Asia finished higher on Friday, taking their cues from a strong finish on Wall Street overnight and ahead of the first round of the French presidential elections at the weekend, amid a suspected terrorist shooting in Paris.

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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
US pre-open: Stocks seen touch higher amid tax reform hopes
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US futures suggested a fairly muted open on Wall Street on Friday, although some gains were expected following solid earnings in the previous session and after Treasury Secretary Steven Mnuchin said Trump’s administration was close to bringing forward major tax reform.

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

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21 Apr
US close: American Express lifts Dow as sector earnings continue to impress
american express

Wall Street marched higher on Thursday as American Express earnings highlighted consumer spending strength, while a combination of strong financial sector earnings and a oil prices in the previous session.

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