International Economic
JP Morgan sees further gains for stocks after short-term consolidation
Strategists at JP Morgan recommend clients add to their positions in global equities in anticipation of further upside in the back half of the year.
US retail sales edge past forecasts in January, details of report stronger
US retail sales edged up at the start of the year following an exceptionally weak reading for the month before and some analysts said a detailed analysis showed weakness was being "substantially" overstated.
Oil prices rise as Saudi Arabia takes strong stance on supply
Oil prices ticked higher on Monday after Saudi Arabia said it would produce less than 10m barrels a day in April as it continued to throw its weight behind Opec supply cuts.
China and Indonesia ground Boeing 737 Max 8 jets after Ethiopia crash
Boeing shares are plummeting by 12% in pre-market trading after China and Indonesia decided to ground their 737 Max 8 jets made by the American aerospace giant in the wake of a catastrophic Ethiopian Airlines crash at the weekend that killed all 157 people on board.
German industrial production slides, govt said to cut forecast
German industrial production fell in January, widely missing expectations, as it was emerged that that the federal government had reportedly lowered internal forecasts economic growth for 2019.
Brexit defeat looms for PM as talks 'deadlocked'
Downing Street said on Monday that Brexit talks with the European Union were "deadlocked" ahead of the crunch parliamentary vote on Tuesday, leading to calls from senior Conservatives to offer MPs new options.