Bonds
Bonds: Gilts steady ahead of MPC, quarterly Inflation Report
There were the movements in some of the most widely-followed 10-year sovereign bond yields: .
German employment hits record 45m in September, but vacancies dip
The German jobs market continued to tighten in October, which should continue to support salary growth over the short-term, even as employment hit a record high.
UK Budget: Hammond delivers tax and spend as Brexit D-day looms
UK Chancellor of the Exchequer Philip Hammond on Monday claimed that the era of austerity was “finally coming to an end” as he unveiled £30bn of extra spending to keep the electorate onside as the gritty end of Brexit talks loomed.
Budget 2018: New 'Google tax' planned for 2020
Giant tech companies will face a new 2% tax on their British revenues, Chancellor Philip Hammond warned in his budget statement on Monday, though not until April 2020.
US personal spending picks-up in September, as does core inflation
The pace of consumer spending in the States picked-up a bit last month, despite the hit to incomes from Hurricane Florence, but price pressures were slightly more intense than anticipated too.
S&P reaffirms BBB rating on Italian sovereign debt, but lowers outlook to 'negative'
Italy dodged a downgrade of its sovereign debt for the second time in less than a week on Friday, but got an earful from analysts at Standard&Poor's, who nevertheless did lower their outlook on the country's rating.
Russian central bank stays put on rates, says inflation risks remain elevated
Rate-setters in Moscow stayed put on interest rates at the end of the week and appeared to sound a tad less strident regarding inflationary risks and the possible need for more interest rate hikes.
ECB's Draghi confident inflation headed back to target
Policymakers at the European Central Bank downplayed the recent spate of weaker-than-expected readings on the economic, expressing confidence in the outlook for both activity and prices, as well as on the outcome of the negotiations between Brussels and Italy as well as for the UK's talks on withdrawing from the European Union.
ECB keeps rates on holds, bond buying to stop at year-end
The European Central Bank kept all its main policy rates unchanged on Thursday and continued to signal that its asset purchase programme would come to a halt at the end of the year.
Loonie jumps after BoC removes reference to 'gradual' rate hikes
Canada's Loonie jumped after the country's central bankers removed a reference to a "gradual" pace of future interest rate hikes from their policy statement following Wednesday's rate meeting.
US factory and service sector growth picks-up in October, IHS Markit says
Activity in America's manufacturing and services sectors picked-up noticeably in October, supporting the case for further policy tightening by the US central bank, economists said.
European Commission rejects Italian budget proposals, Salvini defiant
The European Commission rejected Italy's medium-term budget proposals on Tuesday, asking the government in Rome to return to the drawing board and come back within three weeks.
Trump's new tax proposals take Congress by surprise
Republican lawmakers seem to be somewhat confused after Donald Trump told supporters over the weekend that Congress would be voting on a new tax cut for middle-class Americans following the midterm elections, despite those same lawmakers having never heard of any such legislative proposals.
Bonds: Investors moves back into Gilts, rally in Italian BTPs cut short
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Trump promises 'very major tax cut' to middle-income Americans
Donald Trump has vowed to implement more tax cuts ahead of the US midterms, this time promising supporters that Republicans were working on a "very major tax cut" for middle-income Americans.
Italy will adjust policies if targets at risk, Tria says
Italy will adjust its fiscal policies should it risk falling short of its commitments with Brussels for its level of public borrowing and the size of its stock pile as a proportion of the economy, the country's economy minister said.
Moody's cuts Italian sovereign debt to one notch above 'junk', but outlook 'stable'
Moody's downgraded the long-term rating on Italy's sovereign debt on Friday, arguing that the government's revised medium-term budget plans will fail to lift the country's low growth and leave it vulnerable to future fiscal shocks.
Atlanta Fed's Kaplan says 'couple' more hikes left
Two top US central bank officials signalled a need for two or three more interest rate hikes over the current tightening cycle.
Italian bonds rally as EU's Moscovici calls for dialogue
Italian bonds are rallying at the end of the week after the European Union's economy chief, Pierre Moscovici, called for a calm dialogue with Rome.
US existing home sales miss forecasts in September
America's residential real estate markets continued to cool in September with activity slowing to a three-year low on the back of higher interest rates on mortgages.