Economic News
Donald Trump sworn in as 45th President of the United States
New York businessman Donald Trump has become the 45th President of the United States after being sworn in to the position on the steps of Capitol Hill on Friday, capping a meteoric rise to the top of the country's political ladder.
Warren Buffett says US 'will work fine' under Donald Trump
Billionaire investor Warren Buffett has backed the United States' economic prospects, despite having been highly critical in the past of incoming president Donald Trump.
Commodities: Crude oil nears resistance as focus settles on Trump inauguration
Crude oil futures were firmly ahead on Friday afternoon but remained camped out below firm resistance levels in a session tinged with caution as controversial US president-elect Donald Trump is inaugurated.
Brexit, Trump victory did not discourage European IPOs, says Mergermarket
The Brexit vote and Donald Trump’s surprise US election victory did not discourage initial public offerings in Europe for long, according to analysts at Mergermarket, as several large companies floated in 2016.
Record hikes AUME to $56.6bn at end-December 2016
Specialist currency manager Record has hiked its assets under management equivalents (AUME) to $56. 6bn at 31 December 2016, from $55. 0 three months earlier.
Financial markets hold breath ahead of Trump inauguration - comment
A most unlikely of transformations will be complete on Friday as Donald Trump takes over from Barack Obama to become the 45th President of the United States.
China GDP accelerates sharply in Q4, official data questioned
China´s economic expansion accelerated slightly at the end of 2016, official government data revealed, but more timely figures for December appeared to point to a slowdown in activity, in part as the fiscal stimulus put in place by the authorities faded, economists said.
UK retail sales fall more than expected in December, ONS reveals
UK retail sales in December fell the most since April 2012 as an increase in average store prices deterred shoppers, official data revealed on Friday.
Ten ways markets could surprise us this year - Credit Suisse
As Donald Trump prepares to pick up the keys to the White House and the Brexit debacles rumbles on, Credit Suisse highlighted 10 ways in which financial markets could surprise us this year, along with its 10 core views.
Gradual pace of interest rate increases prudent, Fed´s Yellen says
Letting the US economy run "too hot" would be risky and unwise, the head of the country´s central bank said, while reiterating her support for a gradual removal of the then current lax policy settings.
Trump and May doomed to failure, Soros at Davos
Billionaire investor George Soros has told the World Economic Forum in Davos that he believes incoming US president Donald Trump will be a failure and British prime minister Theresa May will not last in the position.