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Bonds
17 May
rbs-creuse-ses-pertes
'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
ep 2019 white house easter egg roll
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
dans-son-livre-beige-la-fed-estime-que-l-economie-americaine-continue-de-progresser
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
Bank of america
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
santander
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.