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23 May
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US new home sales dip in March, but economists say housing is 'fine'

The pace of new home sales in the US dipped last month, but only account of upwards revisions to figures for the previous months and prices rebounded alongside.

23 May
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China asks US to correct 'wrong actions' or trade talks won't continue

The Chinese Commerce Ministry said on Thursday that the US needs to correct its "wrong actions" if it wants trade talks to continue and put an end to the tensions.

23 May
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Thomas Cook subjected to downgrades from Fitch and S&P

Thomas Cook was subjected to downgrades from credit rating agencies Fitch and S&P on Thursday, with the agencies concerned that the travel operator will struggle with weak demand over the summer.

22 May
No strong argument to either raise or lower rates, Fed's Williams says

A top US central bank official does not see strong enough arguments at the moment to either raise or lower interest rates.

22 May
US central bank may want to cut rates if inflation disappoints, Fed's Bullard says

One of the more 'dovish' rate-setters at the Federal Reserve said on Wednesday that the US central bank may want to consider interest rate cuts if inflation readings continue to disappoint.

20 May
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British households increasingly concerned about their financial health - survey

British households are becoming increasingly pessimistic about their financial wellbeing, despite record levels of employment, a survey showed on Monday.

17 May
'People are starting to worry' about Labour government, RBS chair says

RBS chair Howard Davies told Bloomberg TV on Friday that “people are starting to worry” about the policies that a potential government led by Labour’s Jeremy Corbyn might pursue.

17 May
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White House postpones decision on auto and parts tariffs for 180 days

President Donald Trump has postponed its decision on whether to impose tariffs on imports of automobiles and parts by six months to allow time for negotiations to continue with the country's main trading partners.

17 May
US consumer sentiment hits 15-year high in May, UofM says

Americans were in much more buoyant spirits than believed in early May, although the potential impact on sentiment from the breakdown in trade talks between the US and China had yet to be seen, according to the results of a closely-followed survey.

17 May
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BofA cuts 2020 UK GDP forecast on prolonged Brexit uncertainty, US-China trade war

Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.

17 May
ECB faces potential losses in Santander-LetterOne battle

The European Central Bank could face loses over the bonds it holds from Spanish company Distribuidora Internacional de Alimentacion (DIA) as LetterOne battles Santander bank to recapitalise the retailer.

16 May
S&P lifts RBS's long-term credit rating to BBB

Standard&Poor's has revised its rating on Royal Bank of Scotland's long-term debt higher, arguing that its strengthened balance sheet and improved earnings have boosted the lender's ability to navigate the uncertain political and economic landscape in the UK.

16 May
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US housing starts beat forecasts in April, despite homebuilder skepticism

Residential construction activity in the States picked up more quickly than expected last month but remained below year-ago levels and there were signs of continued caution among homebuilders.

15 May
US industrial production extends slide in April, led by factories and utilities

Industrial output growth in the States missed forecasts by a wide margin last month as manufacturing added to a growing list of monthly declines.

15 May
BoE questioned wisdom of criminal charge against Barclays

The Bank of England warned prosecutors that criminal charges against Barclays could destabilise the bank, the Financial Times reported.

15 May
Economists puzzled by unexpected dip in US retail sales for April

US retail sales dipped unexpectedly last month, amid weak outturns for those of motor vehicles and parts, electronics and building materials, leaving some economists scratching their heads given the recent strength in the closely-watched weekly retail sales surveys from Redbook.

14 May
US import prices miss forecasts in April

US import prices edged higher last month on the back of dearer fuel imports.

14 May
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US small business optimism creeps forward in April

Small business optimism improved throughout the month of April, increasing by 1. 7 points to 103. 5, with one index component falling, another unchanged and the remaining eight improving.

14 May
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UK labour market holds steady at historic high

The UK’s historic levels of employment continued to hold steady in the first quarter, with a record number of people in work.

13 May
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BoE deputy warns Brexit delay may further dampen business investment

Deputy governor of the Bank of England Ben Broadbent warned on Monday that another Brexit delay might damage the long-term economic outlook as the resulting uncertainty weighed on investor spirits.