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Economic News
03 Nov
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Brexit secretary Davis to consider option for Britons to retain EU citizenship

David Davis has said he would consider a Brexit clause which would allow UK citizens to retain their European citizenship.

03 Nov
US non-farm payrolls rise more than expected in October, wages weak

US non-farm payrolls increased by 261,000 in October, according to the Department of Labor.

03 Nov
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US service sector growth accelerates in October, ISM says

The most widely-followed gauge for services sector activity in the States held up better-than-expected last month, albeit slight softness in two gauges linked to order levels.

03 Nov
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US service sector growth strong in October but inflation slips, Markit says

The rate of growth in the US services sector was "strong" but steady in October, according to the results of a widely-followed survey.

03 Nov
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Increased capital goods imports drive wider US trade deficit in September

The US trade shortfall edged higher in September as imports of goods rose more than exports, led by increased demand for capital goods and industrial supplies.

03 Nov
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UK services growth unexpectedly accelerates, cautious outlook remains

UK services growth accelerated more than expected in October, a survey of the country's largest sector revealed on Friday, though economists were divided on the implications as confidence about future growth remained weak.

03 Nov
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Catalan ministers provisionally sent to jail, sparking protests in the region

Protesters have taken to the streets across Catalonia after eight former members of the regional government were sent to jail, the majority without bail, after being charged for rebellion, sedition and the misuse of public funds.

03 Nov
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Trump nominates Fed governor Jerome Powell to succeed Yellen

The US president has chosen Jerome Powell to succeed Janet Yellen at the head of the US central bank in what many observers see as the "continuist" option, although for some analysts he also has a "softer" approach when it comes to financial sector regulation.

03 Nov
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BoE rate guidance not "a promise", Broadbent says

The Bank of England's indication on Thursday that it will raise Bank Rate twice more by the end of 2020 is not set in stone, one of its top decision-makers said.