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Economic News
20 Feb
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US government bond yields higher amid wave of issuance

The US Treasury auctioned $28bn in two-year notes at a yield of 2. 255%, attracting a bid-to-cover ratio - an indication of how many times it was oversubscribed - of 2. 72.

20 Feb
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Director dealings: GlaxoSmithKline directors offload shares

Several directors of GlaxoSmithKline offloaded shares in the healthcare giant on Tuesday in order to meet certain tax liabilities.

20 Feb
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Spain's Balearic Islands fine Airbnb €300,000 for illegally marketing apartments

The Balearic Islands regional government has fined Airbnb €300,000 for advertising homes whose owners didn't hold a licence for vacation rentals, a legal requirement since August 2017.

20 Feb
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DACA program expiration date looms amid deadlock on the Hill

Mike Pence has called on the US Congress to reach an agreement on immigration reform and funding for an extension of the border wall with Mexico just days after lawmakers' latest attempt at reaching a deal fell through, leaving the Deferred Action for Childhood Arrivals (DACA) program ever so close to expiring on 5 March.

20 Feb
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Wednesday preview: UK wages, US Fed minutes and Lloyds strategy in focus

Wednesday is a big and busy day for macro news, with crucial UK labour market data, initial Eurozone purchasing managers' surveys and a closely watched set of FOMC minutes, plus corporate results from Lloyds Banking Group, Glencore and Barratt Developments.

20 Feb
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Spanish 30-year bond auction meets strong demand

A Spanish government auction of 30-year bonds has been met with a flood of demand.

20 Feb
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European parliament wants special access for UK after Brexit, report says

The European Parliament wants the EU to soften its stance on Brexit and negotiate an agreement that would give the UK special access to the single market, according to a report.

20 Feb
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UK manufacturing growth slows in February - CBI

UK manufacturing growth slowed as expected in February as the boost from a weakening pound starts to fade, according to the latest figures from the Confederation of British Industry.

20 Feb
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German investor sentiment deteriorates less than expected in February - ZEW

German investor sentiment deteriorated less than expected in February, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.