Currencies
Reports say Michael Flynn will testify against President
Former US national security adviser Michael Flynn has been charged with making false statements to the FBI in special counsel Robert Mueller’s probe into Russian meddling in last year’s presidential election, with Wall Street markets falling sharply as reports suggest he will testify against Donald Trump.
US manufacturing growth remains strong in November, ISM says, new orders rise
The results of the most widely-followed survey of manufacturing conditions in the States dipped slightly last month, but continued to point towards robust conditions in the sector.
IHS Markit US manufacturing PMI drops to 53.9 in November
US manufacturing activity slowed a little less than expected in November, according to figures released on Friday.
US tax reform makes sense but it's not the best moment for stimulus, Fed's Dudley says
An overhaul of US tax legislation is sensible, but it is fair to ask whether now is the best moment to inject fiscal stimulus, the US central bank's number two official said.
Fed needs to move cautiously on interest rate hikes, Bullard says
US central bankers need to be more cautious, lest the interest rate curve 'invert', choking off growth, a top rate-setter said.
Key senate tax reform vote delayed until Friday
Tax reform in the US introduced by congressional Republicans and Donald Trump hit another stumbling block on Thursday after a key vote in the Senate was pushed back until Friday.
Corbyn tells Morgan Stanley it is right to consider him 'a threat'
Labour party leader Jeremy Corbyn told Morgan Stanley that banks were right to consider him a threat due to his plans to overhaul a rigged economy that benefits speculators at the expense of everyday people.
DUP threatens to withdraw government support if May backs down on Irish border
The Democratic Unionist Party has threatened to remove its support for Theresa May’s government if she makes concessions to the EU on the Irish border as part of Brexit discussions.
Trump planning to axe secretary of state Tillerson - reports
US secretary of state Rex Tillerson will be sacked by President Donald Trump after falling out of favour with the former property mogul, according to reports in the country.