International Economic
19 Oct
Italian bonds rally as EU's Moscovici calls for dialogue

Italian bonds are rallying at the end of the week after the European Union's economy chief, Pierre Moscovici, called for a calm dialogue with Rome.

19 Oct
ep sistemacargabasura bsaura recogidabasura
UK plastic recycling industry accused of fraud and corruption

The UK plastics recycling industry is under investigation for fraud and corruption, with the Environment Agency accusing companies of abusing the exports system and of leaving waste to leak into rivers and oceans.

19 Oct
builder housebuilding bricklayers persimmon
US existing home sales miss forecasts in September

America's residential real estate markets continued to cool in September with activity slowing to a three-year low on the back of higher interest rates on mortgages.

19 Oct
Italian stocks and bonds sold off over budget fracas

Italian stocks tumbled and Italian government bond yields surged to new four-year highs after the European Commission expressed concerns over the coalition's draft budgetary plan.

19 Oct
ep plantahellashnaghai china
China growth slows as policy changes yet to gain traction

China's economy grew at its slowest rate since the financial crisis, as Beijing's policy loosening has yet to stop the deceleration of investment, consumption and industrial production.

18 Oct
jp morgan
JP Morgan model puts odds of recession in next 2 years at over 50%

The odds that the US economy will slide into a recession in 2019 are high, standing at about roughly 28%, according to the results of a model used by JP Morgan.

18 Oct
EU deems Italian budget 'unacceptable', bond yields spring higher

The European Commission sent a letter to Rome on Thursday, querying authorities about the assumptions for economic growth underlying their budget proposals.

18 Oct
Europe close: Stocks drop after Commission queries six states on fiscal plans

Stocks across the Continent retreated on Thursday, with investor sentiment souring following the release of a 'hawkish' set of US central bank meeting minutes the day before.

18 Oct
ep sucursal banco santander 20180718195901
Santander next bank in line in German tax evasion probe

Spanish bank Santander is the latest bank to come under scrutiny from German prosecutors' probe into alleged tax evasion practices which may have cost the government around €10bn.

18 Oct
cbtradechinaeeuu93 short1
Tariffs will take toll on US economy, warns UBS

A tricky period lies ahead for the US, warned UBS, as Donald Trump’s trade war with China begins to exert a sizeable but passing influence on an economy enjoying multi-decade lows in unemployment and undergoing monetary tightening.

18 Oct
Russian rouble steady despite hawkish Fed minutes

Russia's rouble was recovering from earlier weakness triggered by what analysts labeled a 'hawkish' set of US central bank meeting minutes.

18 Oct
US initial unemployment claims hold near record low

US jobless claims dipped last week, holding near their record lows.

18 Oct
factory, factories, manufacturing, manufacturer
Philly Fed index dips less than expected in October

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

18 Oct
US could force UK to discard post-Brexit trade deal with China

The UK could be forced to choose between the United States and China when striking trade deals after Brexit, according to reports.

18 Oct
theresa may pool
UK mulls 'new idea' to extend Brexit transition period

Theresa May said she is open to negotiating a longer Brexit transition period to allow more time to agree to a solution with the EU about the Irish border, with a feared potential cost of £12bn to £15bn.

18 Oct
mail, post, UK mail, letters, parcels, postal, logistics
US to quit Universal Postal Union; treaty gives China unfair advantage, says White House

US President Donald Trump has fired the latest salvo in his increasingly bitter trade war with China by announcing plans to pull out of the United Nation’s Universal Postal Union.

17 Oct
oil rig workers drilling offshore
US oil inventories rise above five-year average, DoE says

US crude oil stockpiles pushed above their five-year average last week helped by a jump in net imports.

17 Oct
Wilbur Ross, inversor, experto, guru
US Commerce Secretary says China trade talks are on 'hiatus'

US Secretary of Commerce Wilbur Ross claimed that trade talks with China had been put on pause on Wednesday, but denied that the two parties had reached an impasse.

17 Oct
builder housebuilding bricklayers persimmon
US housing starts fall more than expected in September

US housing starts fell by more-than-expected last month, dragged lower by those for homes containing five or more family units.

17 Oct
ep planta volkswagen navarra cars auto
Europe's car manufacturers' sales slump, urge Brexit deal

Europe’s leading car producers have warned of surging costs if the UK quits the European Union without a deal, as figures published Wednesday revealed new car registrations had crashed.