Currencies
EU retaliates against 'America first' taxes on imports and prepares to impose tariffs on US products
Europe is preparing to impose tariffs on Harley-Davidson motorbikes, bourbon whiskey and Levi’s jeans in response to Trump’s 'America First' taxes on steel (+25%) and aluminium (+10%) imports.
Pound jumps after May says UK is getting 'closer' to a Brexit-transition deal
The pound jumped by half a percentage point against the dollar on Monday afternoon after the Prime Minister said officials were getting closer to securing a Brexit-transition deal with the European Union.
Jefferies upgrades Tesco and Morrisons to 'buy' as stronger pound aids UK grocers
Analysts at Jefferies upgraded their recommendation for shares of Tesco and Morrisons on Monday from 'hold' to 'buy', explaining that the pound has rallied against the dollar by well above 10% over the past year, while discount supermarkets' new store applications have fallen 25% in the past 2 years.
Markit's US services PMI rises in February
Activity in the US services sector improved in February, according to data released on Monday.
US service sector growth slows less than expected in February - ISM
Growth in the US services sector eased a little in February, according to the latest data from the Institute for Supply Management.
SPD backs coalition deal and Merkel secures fourth government
Germany's Social Democratic Party (SPD) has backed a great coalition again, putting an end to six months of political uncertainty, while handing Chancellor Angela Merkel her fourth consecutive term in power.
Eurozone retail sales dip in January, miss expectations
Eurozone retail sales fell on the month but rose on the year in January, according to the latest figures from Eurostat.
JP Morgan stays at 'overweight' on Eurozone, Japan
JP Morgan stuck by its 'overweight' recommendation on Eurozone and Japanese equities, arguing that the risk-reward trade-off from stocks was still "supportive" and that growth did not necessarily need to shift down sharply, although some stalling was a possibility.
Eurozone economic growth eases in February
Economic growth in the eurozone eased a little in February, according to data released on Monday.
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.