16 Nov
May survives tough day as rebels seek support to knife PM in ballot

UK Prime Minister Theresa May moved on Friday to bolster her precarious position after ministerial resignations over Brexit and the continuing threat of a no confidence vote.

16 Nov
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Commodities: Natural gas bounces, Bitcoin continues to drift lower

Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.

16 Nov
'I think we'll have a deal (with China),' Trump says

Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.

16 Nov
US interest rates closer to 'neutral', Fed's Clarida says

The US central bank's second-in-command noted recent volatility in stock markets, but continued to defend the need for gradual rate hikes.

16 Nov
US industrial production rises in October, boosted by output of business equipment

US industrial production edged higher last month on the back of sharp increases in the output of business equipment and construction.

16 Nov
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ECB's Draghi confident, but argues for patience and persistence

Outgoing European Central Bank President, Mario Draghi, sounded a confident note on the outlook for the euro area economy, describing a recent slowdown as a 'soft patch', but said policymakers needed to be "patient and persistent" in providing monetary stimulus.

16 Nov
Walmart's wages targeted by new Bernie Sanders legislation

Walmart has been targeted by a new bill that would prevent large companies from completing stock buy-backs unless their employees are paid at least $15 an hour, which was introduced by senator Bernie Sanders.

16 Nov
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Kim Jong-Un supervises tests of new North Korean 'tactical' weapon

North Korea leader Kim Jong-Un inspected a new “tactical” weapon for the first time in nearly a year this week, reported the country’s state media on Friday.

16 Nov
US sets sanctions on 17 Saudi officials over Khashoggi murder

The US imposed economic sanctions on 17 Saudi Arabian officials late on Thursday after the killing of journalist Jamal Khashoggi last month.

15 Nov
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May pledges to drive Brexit plan through despite Cabinet turmoil

UK Prime Minister Theresa May vowed to push through her Brexit after a day of turmoil that saw two Cabinet ministers quit and MPs openly talking of a no-confidence vote.

15 Nov
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Cryptocurrencies drop 12% to hit a one-year low

Cryptocurrencies were adding to their Wednesday plunge with the best-known of them, Bitcoin, down 12. 61% to $5,428.

15 Nov
US jobless claims rose unexpectedly last week

US jobless claims edged only slightly higher last week, but some economists believed there were signs in the data that, at least for now, momentum in the jobs market might be topping out.

15 Nov
October US retail sales rise as expected

US retail sales grew more quickly than expected last month, boosted by sales of motor vehicles, building materials and at gasoline stations.

15 Nov
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Philly Fed index drops more than expected in November

Manufacturing conditions in the Philadelphia region deteriorated more than expected in November, according to a survey released on Thursday.

15 Nov
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Europe midday: Stocks dip amid post-Brexit deal political convulsions

Stocks across the Continent are trading slightly lower as investors digest the ongoing political convulsions in London, even as they keep a wary eye on the Italian government's antics with Brussels over its 2019 budget.

15 Nov
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Fed's Powell's positive on economy, financial markets' reaction is being monitored

The Federal Reserve needs to calibrate how much it needs to further tighten monetary policy and at what pace, central bank chairman, Jerome Powell, said ovenright.

15 Nov
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'Information asymmetry' drives huge price swings in cryptocurrencies

New research has found informed traders and investors’ information asymmetry could be driving huge price changes in cryptocurrencies.

14 Nov
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US should hike foreign investment to curb China influence, says Congress report

A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.

14 Nov
US 'core' October CPI falls short of analysts' forecasts

Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.

14 Nov
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May faces cabinet showdown over Brexit deal

Prime Minister Theresa May faces a cabinet showdown on Wednesday when she will ask ministers to sign off a Brexit deal struck with the EU, despite strident opposition to the terms from Brexiters and in Northern Ireland.