Economic News
US existing home sales jump in October for first time in six months
House buying activity in the States picked-up last month following a build-up in inventories of unsold homes.
US consumer sentiment deteriorates more than expected in November
US consumer sentiment deteriorated a little more than expected this month, according to a final reading from the University of Michigan.
US initial jobless claims hit four-month high
The number of Americans filing for unemployment benefits unexpectedly rose last week, to their highest level since June, according to data from the Labor Department.
Brussels rejects Italy's budget; sanctions now possible
The European Commission has rejected Italy’s big-spending budget, escalating the row between Brussels and Rome.
May admits without her deal there could be "no Brexit at all"
Ahead of a trip to Brussels to fine-tune her Brexit deal ahead of a European Union summit on Sunday, Prime Minister Theresa May attempted to gain support for her deal by warning that without it there could be "no Brexit at all".
UK government borrowing hits surprise three-year high
There was an unexpected spike in public borrowing in October, official figures showed on Wednesday, as government spending rose.
Trump eyes oil price as he defends Saudi prince over Khashoggi murder
US President Donald Trump said he supports Saudi Arabia’s claim that journalist Jamal Khashoggi’s murder was carried out by an “enemy of the state”.