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  • GLOBAL MARKETS-Share rally peters out, euro lifted by PMI boost Reuters - UK Focus - 2 hours 36 minutes ago

    Global equity markets edged lower on Wednesday after five days of gains after disappointing U.S. housing data and as corporate earnings were not strong enough to sustain a rally, while the price of government ...

  • * Limited reaction to China HSBC flash manufacturing PMI (Recasts with U.S. market, new byline and dateline) NEW YORK (Frankfurt: HX6.F - news) , April 23 (Reuters) - The U.S. dollar weakened against the euro and yen on Wednesday, undermined by a decline in U.S. equity prices and Treasury yields and finding little support …

  • France outlines 'optimistic' pledge to get economy back on track

    French Finance Minister Michel Sapin (C) and French UMP right-wing deputy Gilles Carrez (L) attend the presentation of the government stability programme for 2014-2017 in Paris, on April 23, 2014

  • Eurozone April business activity nears 3-year high: Markit

    Volkswagen assembly line workes put together the auto maker's VW Tiguan and Touran models in Wolfsburg, central Germany on March 7, 2012

  • * Euro zone businesses enjoy best month in nearly three years * Deflation fears remain in euro zone NEW YORK/LONDON April 23 (Reuters) - The U.S. manufacturing sector expanded in April and the euro zone private sector started the second quarter on its strongest footing since 2011, while the pace of decline in Chinese …

  • Sterling fell against the dollar and the euro on Wednesday after Bank of England minutes highlighted a growing debate between policymakers about slack in the economy and the medium-term inflation outlook. Sterling eased to $1.6795 against the dollar in afternoon trade, from around $1.6823 before the minutes were released. …

  • British consumers have nothing to fear when the Bank of England eventually raising interest rates.

  • * Budget deficit falls to 6.6 pct of GDP, lowest since 07/08 LONDON, April 23 (Reuters) - Britain's hefty budget deficit has fallen to its lowest since the financial crisis, official data showed on Wednesday, helping the government argue it is delivering on a key economic pledge a year before a national election. The …

  • Eurozone deficits improve but debt mounts: data

    The Euro logo pictured in front of the European Central Bank (ECB) building in Frankfurt am Main, central Germany, on September 5, 2013

  • Budget Deficit Drops By 6% In Last Year

    The UK budget deficit has fallen to its lowest level since the financial crisis five years ago. Official figures from the Office for National Statistics (ONS) show the shortfall in tax revenues over Government spending fell to £107.7bn in the 12 months to the end of March. It was slightly lower than forecast by the Office …

  • * Aussie falls on lower-than-expected CPI (Other OTC: CPICQ - news) data The Aussie has been gaining steadily against the other major currencies since a turn in the rhetoric of its central bank. That put the currency way above the low to mid-80s against the dollar officials had previously talked. The suspicion is a slackening …

  • * Ericsson (Xetra: ERCA.DE - news) falls after earnings miss * Primark gives Associated British Foods (LSE: ABF.L - news) a lift LONDON, April 23 (Reuters) - European shares fell on Wednesday, retracing some of the previous session's strong gains as investors responded to weak earnings from Ericsson and mixed data out …

  • UK borrowing falls sharply in March Telegraph - 7 hours ago

    Stronger tax receipts and fall in departmental spending help Chancellor to meet full-year borrowing target

  • Eurozone deficits improve but debt mounts: data

    The Euro logo pictured in front of the European Central Bank (ECB) building in Frankfurt am Main, central Germany, on September 5, 2013

  • Sterling fell against the dollar and the euro on Wednesday after Bank of England minutes highlighted a growing debate between policymakers about slack in the economy and the medium-term inflation outlook. Sterling eased to $1.6802 against the dollar from around $1.6823 before the minutes were released.

  • Greece made a bailout-adjusted surplus of €1.5bn, equivalent to 0.8pc of GDP, according to the European Commission

  • Britain's budget deficit in the 12 months to March sank to its lowest since the financial crisis, and the government narrowly met its latest deficit reduction goal, official data showed on Wednesday. Deficit reduction is the central economic policy of the Conservative-led coalition. It came to power in May 2010 when Britain's …

  • French blue-chip shares underperformed their German counterparts on Wednesday after survey data showed that the recovery in France is still weaker than the euro zone's biggest economy. France's CAC 40 ...

  • Barring unexpected events, the upcoming trading session may well turn out to be the most interesting this week, as investors focus on a raft of important economic data which are set for release, alongside ...

  • Manufacturing activity in China contracted for the fourth month in a row in April, according to a private survey out Wednesday from HSBC and Markit.

  • Asian markets shrug off Chinese manufacturing data

    Asian markets are relatively flat after Chinese manufacturing data came in line with expectations but still showed the sector in contractionary territory.Markit's manufacturing purchasing managers' index ...

  • * Moves in other major currencies subdued (Updates prices, adds comments) SINGAPORE, April 23 (Reuters) - The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major …

  • China manufacturing improves slightly in April

    Workers are seen making national flags for the 2014 FIFA World Cup at a factory in Hangzhou, east China's Zhejiang province, on April 8, 2014

  • The world's major currencies started trade on Wednesday in Asia on familiar ground after an uninspired session that kept the dollar, euro and yen locked in narrow ranges. In Asia much will depend on a survey of China's manufacturing activity due at 0045 GMT. The Australian dollar, which gained a modest 0.4 percent against …

  • Is the euro the new funding currency? Sharecast - 22 hours ago

    Recent strength in the euro against other major global currencies is compounding the declining inflation trend in the single currency area and has in ways encouraged investors to pile into the riskier ...

  • The young are starting to find more jobs, enjoying pay rises and sharing in the fruits of the economic bounce-back

  • GLOBAL MARKETS-Shares gain on corporate results, M&A talk; euro flat Reuters - UK Focus - Tue, Apr 22, 2014 16:56 BST

    Global equity markets rose on Tuesday, powered by solid U.S. corporate earnings and deal-making activity among European drugmakers, while the euro hovered near break-even on uncertainty whether the European ...

  • FOREX-Growing threat of ECB action keeps euro subdued Reuters - UK Focus - Tue, Apr 22, 2014 12:16 BST

    * ECB's Draghi speech may weigh on euro * Chinese yuan drops to 14-month low vs dollar (Adds fresh quotes, details) LONDON, April 22 (Reuters) - The euro hovered near a two-week low against the dollar on Tuesday and fell to a two-month low against the British pound, as expectations the ECB will try to halt any further …

  • GLOBAL MARKETS-M&A talk lifts European shares, euro dips to two-week low Reuters - UK Focus - Tue, Apr 22, 2014 12:13 BST

    * M&A talk in pharma sector lifts European shares * Ukraine tension seen as threat to riskier assets (Updates prices, adds comments) LONDON, April 22 (Reuters) - M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which dipped to a two-week low against the dollar as …

  • FOREX-Euro subdued near two-week lows, wary of ECB Reuters - UK Focus - Tue, Apr 22, 2014 09:25 BST

    * ECB's Draghi speech may weigh on euro * Chinese yuan drops to 14-month low vs dollar (Recasts, adds quotes, details) LONDON, April 22 (Reuters) - The euro hovered near a two-week low against the dollar on Tuesday and fell against the yen, as expectations the ECB will try to halt any further strengthening kept investors …

  • Cost of moving in London soars above £20,000 City A.M. - Tue, Apr 22, 2014 04:54 BST
    Cost of moving in London soars above £20,000

    LONDONERS are shelling out over £20,000 on average to move house, according to research released this weekend, with the cost of moving rising by nearly £3,000 between 2012 and 2013 alone.The report by ...

  • Sweden now finds itself in much the same boat as the depressed periphery countries of the eurozone, at least in terms of price inflation

  • The past year has seen a huge turnaround both for the UK economy and for the politics associated with it. In early 2013, the UK economy lost its AAA rating and there was fear of a triple-dip recession. Opposition politicians said if the Government did not change course there might be no growth for a decade, and the …

  • Raise rates now or risk far more pain later on Telegraph - Sat, Apr 19, 2014 23:10 BST

    It’s entirely false, in my view, to claim that the cost of living crisis is no longer with us

  • The crisis surrounding Ukraine shows that global governance is in a mess, but events there are merely a symptom of something larger. My visit to Washington for the spring meetings of the International Monetary Fund and World Bank set me wondering whether western democracies are much guiltier than we are prepared to …

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