Economic News
Brexit could risk 232,000 jobs, says LSE chief
The head of the London Stock Exchange said that Brexit could risk up to 232,000 jobs.
UBS and Citi differ on gold price outlook
Markets will need more evidence that the US economy is about to accelerate before pushing bond yields and the dollar higher, which should allow the price of gold to continue trending higher, UBS said.
UK inequality narrows, but the average worker is still worse off
Household incomes in the UK rose by £600 in 2016, narrowing the gap between the rich and the poor, according to the Office for National Statistics (ONS).
Two arrested in Italy over email hacking of Draghi and Renzi
Italian authorities made two arrests on Tuesday on suspicion of hacking the email accounts of European Central Bank president Mario Draghi and former Italian prime minister Matteo Renzi.
US job openings little changed in November, Labor Department says
US job openings rose 1. 3% to 5. 52 million in November compared to a downwardly revised 5. 45 million a month earlier, according to the Labor Department.
Comment: What could the ECB minutes do to the euro?
By Ipek Ozkardeskaya, senior market analyst at London Capital Group.
World Cup to be expanded to 48 teams from 2026
World football governing body Fifa has approved a plan to increase the number of competing teams at its showpiece World Cup event to 48, allowing 16 more member states to take part.
Mexican capital investment falls victim to weak peso in October
Capital investment in Mexico fell in October, in part due to the depreciation in the country's currency.
EU clears up ad-blocker and cookies rules for publishers and telecos
Under new measures proposed by the European Union, advertising-funded media companies will be allowed to withhold access to users who use ad-blockers, giving more privacy to calls and emails, and setting out clearer rules on cookies and other security settings.
Democrats protest as Trump chooses son-in-law as senior adviser
Donald Trump has named his son-in-law Jared Kushner to the position of senior adviser in his incoming US administration, with Democrats criticising the appointment and calling for an independent review.
US small business confidence rockets on expectations for Trump
Small business confidence in the US ended 2016 on a high note on optimism regarding the outlook for the economy under the incoming administration.
Turkish lira hits fresh record lows despite central bank moves
Turkish rate-setters moved to ease some of the selling pressure on the country's currency on Tuesday, but markets appeared to quickly brush off the decision.
UK retail sales rise but non-food struggles, finds BRC
UK retail sales picked up in December, according to data from the British Retail Consortium released on Tuesday, as retailers began to pass on higher import prices to consumers.
Alibaba boss Ma vows to create one million US jobs after Trump meeting
US president-elect Donald Trump has met with the boss of Chinese conglomerate Alibaba at Trump Tower in New York, as Jack Ma pledged to cooperate with the incoming administration in order to bring one million jobs to the country.
Inflation returns as supermarkets enjoy record Christmas, Kantar says
As inflation returned to the grocery market after a two-year absence, supermarkets enjoyed record sales over the Christmas period, according to fresh industry data on Tuesday.