Economic News
WTI futures drop after DoE reports sharp build in gasoline stocks
US gasoline stockpiles built sharply during the latest reference week, resulting in a sharp drop in crude oil inventories.
Thursday preview: DS Smith and Clipper Logistics report results
For the UK the financial diary is pretty quiet, with investors able to fully scrutinise new FTSE 100 entrant DS Smith as it publishes half-year results a week after it's promotion to the blue chip index was confirmed.
Real US hourly compensation growth still in the red during the third quarter
US labor costs slipped unexpectedly during the third quarter, as wages grew more slowly than anticipated.
Wall Street warming to stocks but sentiment not yet euphoric, BofA says
Analysts continued to warm towards stocks last month but based on past experience their overall level of optimism was still consistent with further gains in shares, strategists at Bank of America-Merrill Lynch said.
US private sector adds more jobs than expected in November
Private sector employment in the US rose more than expected in November, according to data released by ADP on Wednesday.
German factory orders rise for third month in October, led by capital goods
Strong domestic demand and from outside the single currency bloc boosted German factory orders last month.
Former AXA subsidiary Bluefin slapped with £4m FCA fine
The Financial Conduct Authority has fined insurance broker Bluefin - a former AXA subsidiary - £4m for misleading customers.