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  • The dollar edged down in Asian trading on Friday, taking a breather from this week's rally that brought it to its highest levels against the yen since 2002 on growing expectations that the U.S. Federal Reserve would raise interest rates this year. The Australian dollar was up about 0.2 percent on the day at $0.7663, but …

  • The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly. The government is ...

  • Ireland (Other OTC: IRLD - news) 's parliament approved the sale of its 25 percent stake in Aer Lingus (Other OTC: AELGF - news) to IAG on Thursday, clearing a hurdle for the takeover of the airline and limiting political damage for the government. Ryanair said it would consider the bid once it had received the formal …

  • British government bond prices rose to their highest level in nearly three weeks on Thursday, boosted by lacklustre economic growth data that helped gilts outperform strongly compared with German debt. ...

  • UK Economy: GDP Growth Remains At 0.3%

    A slowdown in the UK economy has been confirmed after GDP growth remained unchanged at 0.3%. It had been expected the figure for the first three months of 2015 would be revised upwards by the Office for National Statistics (ONS). Despite improved figures from the industrial production and construction sectors, the data …

  • Irish retail sales volumes rose 11.9 percent in April compared with the same month a year ago, the fastest annual rise since the financial crisis began as the economy's recovery broadened and gathered further pace. Ireland (Other OTC: IRLD - news) 's economy grew by 4.8 percent last year, its best performance since 2007 …

  • G7 ministers meet on global growth amid shadow of Greek crisis

    IMF managing director Christine Lagarde and Bundesbank president Jens Weidmann at the G7 finance ministers' summit in Dresden, eastern Germany, on May 28, 2015

  • Spain's National Institute of Statistics (INE) noted that the country's economy grew 0.9% in the first quarter on the back of improved investment, better performance in the private sector and a sizeable ...

  • UK first-quarter growth sapped by surge in imports Reuters - UK Focus - 23 hours ago

    Britain sucked in imports in the first three months of 2015, and its large services sector performed weaker than first thought, casting doubt over the strength of its previously robust recovery. The economy grew 0.3 percent in the first quarter, the Office for National Statistics said on Thursday, confirming an initial …

  • Trade deficit hammers UK growth in first quarter Telegraph - Thu, May 28, 2015 10:50 BST

    UK economy grows at weakest pace since end of 2012

  • Sterling falls after UK GDP numbers Reuters - UK Focus - Thu, May 28, 2015 10:40 BST

    Sterling fell on Thursday after data confirmed that the UK economy grew at 0.3 percent in the first quarter compared with the previous three months, disappointing those who had expected a higher reading. ...

  • A second estimate of UK gross domestic product (GDP) in the first quarter expected to be revised slightly higher on Thursday.

  • Irish government backs sale of Aer Lingus to IAG Reuters - UK Focus - Tue, May 26, 2015 23:44 BST

    The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier. International Consolidated Airlines Group's (IAG) proposed 1.36 billion euro ($1.48 billion) offer for Aer Lingus was recommended …

  • South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • UK inflation expectations slip in May - Citi/YouGov Reuters - UK Focus - Tue, May 26, 2015 12:44 BST

    The British public's expectations for inflation in the next 12 months eased back in May, according to a survey published on Tuesday. The monthly Citi/YouGov poll found year-ahead inflation expectations ...

  • SAfrica GDP growth slows to 1.3% in first quarter AFP - Tue, May 26, 2015 12:08 BST
    South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • S.African GDP growth slows to 1.3% in first quarter AFP - Tue, May 26, 2015 10:59 BST
    South African growth slows to 1.3% as unemployment rises

    South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015

  • Africa seeks super banker to manage new economic frontier

    Nigerian Agriculture Minister and candidate for next president of the African Development Bank, Akinwumi Adesina, talks to the media in Paris on March 25, 2015

  • Why economists are questioning the UK's growth numbers Telegraph - Mon, May 25, 2015 20:10 BST

    As economists wrangle with GDP data on both sides of the Atlantic, can we rely on the economic data governments publish?

  • Africa's economy to strengthen in 2015 despite Ebola, oil price

    The latest economic forecast for Africa is a downward revision from projections made in 2014 which suggested the region's economy would expand by 5.7 percent this year

  • FOREX-Dollar in vogue on CPI boost and Yellen's comments, euro weakens Reuters - UK Focus - Mon, May 25, 2015 15:17 BST

    The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment …

  • FOREX-Dollar back in vogue on CPI boost, Yellen's comments Reuters - UK Focus - Mon, May 25, 2015 12:09 BST

    The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment …

  • Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil. Figures due on Friday from the United States that will almost certainly show the world's biggest economy contracted last quarter …

  • FOREX-Dollar hits 2-month high vs yen after CPI boost Reuters - UK Focus - Mon, May 25, 2015 04:40 BST

    The dollar marched to a two-month high versus the yen on Monday and carved out fresh ground against other major currencies after stronger-than-expected underlying U.S. inflation supported the Federal Reserve's case for a rate hike later this year. "Whether the dollar can breach the 122.04 yen threshold depends on upcoming …

  • FOREX-Dollar hovers at 2-month high vs yen after CPI boost Reuters - UK Focus - Mon, May 25, 2015 01:36 BST

    The dollar hovered at a two-month high versus the yen and stood firm against other peers after surging on a higher-than-expected U.S. core consumer price index that supported the Federal Reserve's case for a rate hike later this year. Data on Friday showed the core U.S. CPI increased 0.3 percent in April amid rising shelter …

  • HSBC fears world recession with no lifeboats left Telegraph - Sun, May 24, 2015 18:00 BST

    The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters

  • Brazil autoworkers fearful of future amid sales slump

    Confronting the automobile slump in Brazil, major automakers such as Ford, have placed thousands of employees on mandatory leave

  • Pakistan cuts interest rates to historic low AFP - Sat, May 23, 2015 21:34 BST
    Pakistan cuts interest rates to historic low

    A Pakistani resident withdraws currency from an ATM in Islamabad on March 6, 2015

  • UK growth outpaces Germany Telegraph - Sat, May 23, 2015 20:04 BST

    The UK outstripped the German economy at the start of the year, economists say

  • GLOBAL MARKETS-Stocks dip, bonds fall as CPI keeps Fed on course Reuters - UK Focus - Fri, May 22, 2015 21:26 BST

    Global equity markets dipped but remained near record highs on Friday after Federal Reserve Chair Janet Yellen said she expected U.S. interest rates to rise this year, a view that lifted bond yields and was bolstered by rising core consumer prices. Yellen's tone on when the rate lift-off would begin appeared stronger, …

  • 5 Things to Watch on the Economic Calendar The Wall Street Journal - Fri, May 22, 2015 21:22 BST

    The U.S. workweek starts a day late as businesses close for Memorial Day. The shortened week is still long on data. We will get a second look at the first quarter and new readings on home demand and consumer optimism.

  • The yield on 10-year US Treasury notes retreated by six basis points to 2.19% on Thursday, with that on the thirty-year long bond coming off by a similar amount to hit 2.99% by the close of trading.

  • Brazil unveils cuts as IMF urges fiscal discipline

    IMF Managing Director Christine Lagarde delivers a speech during the XVII Annual Seminar of aims for inflation at the Central Bank in Rio de Janeiro on May 22, 2015

  • Firmer underlying inflation keeps Fed on rate hike path Reuters - UK Focus - Fri, May 22, 2015 19:18 BST

    Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. The Labor Department said on Friday its Consumer Price Index, excluding food and energy, increased 0.3 percent last month. It was the largest …

  • US STOCKS-Wall St lower after CPI data; Yellen speech awaited Reuters - UK Focus - Fri, May 22, 2015 16:42 BST

    * Yellen speaks at 1:00 p.m. May 22 (Reuters) - U.S. stocks fell in late morning trading on Friday, retreating from recent record highs, as investors await Federal Reserve Chair Janet Yellen's economic outlook for clues on the timing of a rate hike after new data showed a rise in inflation. Yellen is expected to highlight …

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