Bonds
US trade deficit reaches nine-year high amid 'protectionist rhetoric'
The US trade deficit rose 5% in January to reach a nine-year high of $56. 6bn but an improvement is expected in the coming months.
Bonds: Strong service sector PMI weighs on Gilts
These were the movements in some of the mostwidely-followed 10-year sovereign bond yields: US: 2. 88% (+2bp) UK: 1. 50% (+3bp) Germany: 0. 64% (-1bp) France: 0. 91% (-1bp) Spain: 1. 50% (-5bp) Italy: 2. 0% (+3bp) Portugal: 1. 95% (-4bp) Greece: 4. 36% (+1bp) Japan: 0. 04% (-3bp).
Populist movement makes inroads in Italian elections
Italy's main anti-establishment parties made new inroads in Sunday's parliamentary elections, possibly paving the way for already-approved economic reforms to be rolled back and higher spending.
London close: Stocks drop amid trade jitters
London stocks finished the week at their session lows as the White House's pledge to slap tariffs on imports of steel and aluminium reverberated around the world.
Buy humiliation, sell 'hubris', say strategists at BofA-Merrill Lynch
Strategists at Bank of America-Merrill Lynch on Friday laid out their case in favour of a re-test of the S&P 500's recent lows, towards 2. 534.
Bonds: Yields slip on less hawkish second take from Fed's Powell
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 81% (-5bp) UK: 1. 47% (-3bp) Germany: 0. 64% (-1bp) Spain: 1. 51% (-3bp) France: 0. 91% (-1bp) Italy: 1. 95% (-3bp) Portugal: 1. 95% (-4bp) Greece: 4. 47% (+6bp) Japan: 0. 04% (-1bp).
US 'core' PCE accelerates in January
Personal income and spending printed ahead of forecasts at the start of the year, alongside a hefty 0. 9% jump in disposable incomes as recently approved tax cuts kicked-in, according to a keenly awaited release from the Department of Commerce.