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  • Next week is set to be a busy one for financial markets in London with investors having to digest a flurry of global economic data and corporate results from a number of prominent UK retailers.

  • US economy slows in fourth quarter

    The Commerce Department's third estimate of GDP growth on Friday was left unrevised at an annual rate of 2.2 percent following the third quarter's blistering 5.0 percent pace

  • U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits took a hit from a strong dollar, which could undermine future business spending. Businesses throttled back on inventory and equipment investment, but robust consumer spending limited the slowdown in the pace of activity. …

  • U.S. Treasury yields fell on Friday after data showed that U.S. economic growth cooled in the fourth quarter as previously estimated, disappointing traders that had expected an upward revision. Gross domestic ...

  • U.S. stocks were set to dip at the open on Friday, setting indexes up for a full week of daily declines, as the dollar index added to the previous session's rebound ahead of a speech by Federal Reserve Chair Janet Yellen.

  • Bonds based on high-quality loans should benefit from lower capital requirements to kick-start the market in Europe, the Bank of England and European Central Bank (ECB) said on Friday. The two central banks were responding to plans from the European Union's executive, the European Commission, to revive the asset-backed …

  • Fourth-Quarter GDP -- At A Glance The Wall Street Journal - 6 hours ago

    U.S. economic output expanded at a 2.2% seasonally adjusted annual rate in the final months of 2014, the Commerce Department said Friday. Here's a quick look at the report.

  • The dollar rose across the board on Friday, extending a rebound begun the previous day after Federal Reserve officials signalled they were still on track to raise interest rates this year. At separate events on Thursday, two senior Fed policymakers said a move away from ultra-loose monetary policy might be needed in light …

  • ECB shelves euro clearing house policy - source Reuters - UK Focus - 7 hours ago

    The European Central Bank has quietly shelved its policy of requiring clearing houses handling euro-denominated securities to be located inside the euro zone, after the measure was rejected by a top European court, a source at the central bank said. Britain had challenged the policy in the European Union's second-highest …

  • Inflation skids to a halt in world's third largest economy, putting pressure on Bank of Japan to bring forward monetary easing plans

  • Yemen's President Abd-Rabbu Mansour Hadi has fled his refuge in Aden for Saudi Arabia as Houthi rebels battled with his forces on the outskirts of the southern port city. Warplanes from Saudi Arabia and Arab allies continues to hit Shi'ite Houthis and allied army units, who have taken over much of the country and seek …

  • The president of the European Central Bank, Mario Draghi, is certain that Germany's trade surplus is in breach of European Union regulations on "excessive" trade imbalances.

  • UK retail sales improve in Feb, boding well for economy Reuters - UK Focus - Thu, Mar 26, 2015 12:49 GMT

    British retail sales rose at the fastest pace in three months in February, beating expectations and suggesting Britain's consumer-led economic recovery remains strong ahead of national elections in May. Retail sales rose 0.7 percent last month, their best growth since November and up from 0.1 percent in January, the Office …

  • French 2014 deficit smaller than expected, growth at 0.4%

    France has been unable to kickstart much-needed growth in an stuttering economy which expanded by 0.4 percent in 2014

  • France set to beat 2015 public deficit targets Sharecast - Thu, Mar 26, 2015 10:55 GMT

    The French economy expanded at a very modest pace towards the end of 2014, but the red ink at the Elysee palace was significantly less than expected.

  • UK retail sales stronger than expected in February Reuters - UK Focus - Thu, Mar 26, 2015 09:30 GMT

    British retail sales rose more strongly than expected in February, helped by last year's recovery in the housing market which boosted furniture purchases and by growth in sales in all other sectors too. Compared with February last year, sales volumes rose 5.7 percent, the Office for National Statistics said in a set of …

  • French 2014 public deficit cut to 4 percent AFP - Thu, Mar 26, 2015 07:44 GMT
    French 2014 public deficit cut to 4 percent

    French Finance Minister Michel Sapin (C) meets with employees at a factory on February 23, 2015 in Bazainville, west of Paris

  • IMF warns Ireland to maintain fiscal path AFP - Wed, Mar 25, 2015 19:54 GMT
    IMF warns Ireland to maintain fiscal path

    The International Monetary Fund on Wednesday warned Ireland against a giveaway budget ahead of next year's general election but backed calls for greater spending flexibility from the European Commission...

  • European Rate Cuts Prove No Match for Mighty ECB The Wall Street Journal - Wed, Mar 25, 2015 17:45 GMT

    Some European countries outside the euro area are cutting interest rates, but that’s not weakening their currencies as it usually does.

  • London's FTSE 100 accelerated in the red by the end of Wednesday's session with declines in US markets offering direction to the downside.

  • UK retail sales figures on Thursday will be closely watched for signs of how much consumer spending is contributing towards economic growth.

  • Weak U.S. business spending data points to tepid Q1 growth Reuters - UK Focus - Wed, Mar 25, 2015 15:35 GMT

    The Commerce Department's durable goods report on Wednesday was the latest data to suggest economic growth braked sharply early in the year, in part due to bad weather and a now-settled labor dispute at the country's busy West Coast ports. While economists largely view the slowdown in activity as temporary, softer growth …

  • 'Opt-out' selling to be banned by FCA Moneywise - Wed, Mar 25, 2015 15:11 GMT

    The sales practice known as 'opt-out selling' is set to be outlawed under new proposals announced today by regulator the Financial Conduct Authority (FCA). Opt-out selling is the practice of defaulting ...

  • IMF backs Irish request for budget flexibility from EU Reuters - UK Focus - Wed, Mar 25, 2015 15:01 GMT

    The IMF backed Ireland (Other OTC: IRLD - news) 's calls for the European Commission to grant it some budget flexibility on Wednesday, saying the current fiscal rules do not reflect an Irish economic recovery "starting to fire on all cylinders". After years of painful budget cuts to get its public finances under control, …

  • Europe blocks desperate Greek attempt to stay afloat Telegraph - Wed, Mar 25, 2015 13:59 GMT

    Eurozone says it is "legally impossible" to return €1.2bn in rescue funds to cash-strapped Athens

  • UK inflation expectations rise for first time since August - Citi/YouGov Reuters - UK Focus - Wed, Mar 25, 2015 12:46 GMT

    The British public's expectations for inflation in the next 12 months and further ahead rose this month for the first time since August, according to a survey published on Wednesday. "Although headline CPI (Other OTC: CPICQ - news) inflation is at zero and may well turn slightly negative in coming months, there is no …

  • George Osborne has been accused of refusing five times to give a "cast-iron guarantee" on whether he will raise VAT if he stays on as chancellor following the general election in May.

  • FOREX-Dollar finds a steadier footing for now Reuters - UK Focus - Tue, Mar 24, 2015 22:32 GMT

    Investors had rushed to cut long dollar positions after the Federal Reserve gave a dovish steer on interest rates last week, sending the greenback crashing back from multiyear highs. U.S. data overnight was modestly dollar friendly, particularly an uptick in underlying inflation which should support the view that the Federal …

  • Moody's cuts Ukraine rating to just above default AFP - Tue, Mar 24, 2015 22:28 GMT
    Moody's cuts Ukraine rating to just above default

    Moody's cut Ukraine's sovereign debt rating to one notch above default Tuesday, saying creditors will be forced to take deep losses in a debt restructuring

  • 'Noflation’ is welcome, but there are dangers Telegraph - Tue, Mar 24, 2015 19:44 GMT

    Rampant inflation is bad, so no inflation must be good, right ? Official figures show that prices remained stable in February, the first time the monthly CPI (Other OTC: CPICQ - news) measure has registered 0.0 per cent since comparable records began in 1989. So far the collapse in fuel prices has pushed down prices …

  • Kiev’s finance minister insists the country has no choice but to restructure $3bn owed to Moscow

  • Ukraine appeals to G20 for more financial aid AFP - Tue, Mar 24, 2015 17:52 GMT
    Ukraine appeals to G20 for more financial aid

    The Ukrainian economy, now in plunging recession, was weak even before the deadly rebellion erupted in its eastern industrial heartland almost a year ago

  • Encouraging data helps European shares to finish higher Reuters - UK Focus - Tue, Mar 24, 2015 17:33 GMT

    European shares climbed higher to end just below a recent 7-1/2-year high on Tuesday, with forecast-beating business surveys from Germany and France offsetting poor Chinese factory data. Equities recovered from early falls as purchasing managers' surveys showed Germany's private sector grew in March at its strongest rate …

  • U.S. consumer inflation firming; new home sales at 7-year high Reuters - UK Focus - Tue, Mar 24, 2015 17:21 GMT

    U.S. consumer prices rebounded in February as gasoline prices rose for the first time since June, and there were also signs of an uptick in underlying inflation pressures, keeping the Federal Reserve on course to raise interest rates this year. There is some chance economic activity is going to pick up a little bit this …

  • How Long Can Central Bankers Ignore Bubbles? The Wall Street Journal - Tue, Mar 24, 2015 16:39 GMT

    No one ever said a central banker's life was easy. But the balancing act required to manage the tricky scenario of falling inflation and rocketing asset prices has many a policymaker sounding nervous, and with good cause.

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