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Decision on Bannon's future with White House imminent

Decision on Bannon's future with White House imminent

Fri, 18 August 2017

(ShareCast News) - White House chief of staff John Kelly's decision regarding Steve Bannon's future with the administration is reportedly imminent. Tensions between the chief strategist and the presid... [more]

US identified as ideal trade partner for UK food and drinks exports post-Brexit

US identified as ideal trade partner for UK food and drinks exports post-Brexit

Fri, 18 August 2017

(ShareCast News) - The US was identified by the government as providing significant opportunities for a trade deal post-Brexit where food and drink was concerned, said the Food and Drink Federation. A... [more]

US consumer confidence rises in August, but University of Michigan sceptical

US consumer confidence rises in August, but University of Michigan sceptical

Fri, 18 August 2017

(ShareCast News) - Better expectations for the economy overall and for personal financial prospects saw US consumer confidence rise in August, the results of a widely-followed survey showed. Neverthel... [more]

Odds slashed on Trump resignation after disastrous week

Odds slashed on Trump resignation after disastrous week

Fri, 18 August 2017

(ShareCast News) - Bookmakers Paddy Power has cut its odds on US President Donald Trump to resign to evens after a controversial week for the former reality television star. Trump has come under fire ... [more]

Euro area current account surplus slips in June

Euro area current account surplus slips in June

Fri, 18 August 2017

(ShareCast News) - The euro area's current account surplus shrank in June amid a sharp drop in the primary income balance and a worsening on that for secondary income. In seasonally adjusted terms, ... [more]

Euro area construction dips in June

Fri, 18 August 2017

(ShareCast News) - Construction output in the euro area retreated in June amid sharp declines in Germany and France, the bloc's main engines. Total production fell by 0.5% month-on-month, according to... [more]

Iraq looks to 'return to the Arab fold'

Fri, 18 August 2017

(ShareCast News) - As Iraq is set to hold national elections next year it is said to be working towards an alliance with Saudi Arabia that would aid the nation in its estimated $100bn rebuilding proje... [more]

Gary Cohn stays on as White House chief economic adviser

Fri, 18 August 2017

(ShareCast News) - On Thursday, a spokesman for the oval office denied rumours that National Economic Council director, Gary Cohn would be stepping down as a result of the President's controversial co... [more]

Third Trump council falls after Charlottesville controversy

Fri, 18 August 2017

(ShareCast News) - Another business council in the White House has been scrapped just days after last week's Charlottesville violence, following widespread criticism of Donald Trump's response to the ... [more]

German factory prices dip in July

Fri, 18 August 2017

(ShareCast News) - Factory prices in the Eurozone's largest economy slipped by slightly less than was anticipated last month. Producer prices in Germany rose by 0.2% on the month in July and by 2.3% o... [more]

Barcelona terror attack kills 13; Catalan police foil second attack in Cambrils

Fri, 18 August 2017

(ShareCast News) - A terrorist attack claimed the lives 13 people in Barcelona after a van speed through the busy central street of Las Ramblas on Thursday thoroughfare, with a second attack in the se... [more]

Van attack in Barcelona leaves 13 dead and many more injured

Thu, 17 August 2017

(ShareCast News) - A van has run over and killed 13 people on the popular Ramblas thoroughfare of Barcelona, Spain, leaving a further 80 injured. According to the Catalonia's regional president, Carle... [more]

US industrial production jumps ahead in July

Thu, 17 August 2017

(ShareCast News) - US industrial production continued expanding in July as increased energy and utilities output offset a decline in manufacturing. Total output rose by 0.2% month-on-month following a... [more]

VAT halted on mining imports to Congo

Thu, 17 August 2017

(ShareCast News) - After reinstating a value-added tax (VAT) on imports by mining companies in mid-2016, The Democratic Republic of Congo has again suspended the duty. In order to protect the Congoles... [more]

August Philly Fed index points to stronger activity

Thu, 17 August 2017

(ShareCast News) - Activity in the US mid-Atlantic factory sector gained momentum, according to the results of one of the most widely-watched surveys. The headline Federal Reserve bank of Philadelphia... [more]

US jobless claims fall sharply in latest week

Thu, 17 August 2017

(ShareCast News) - One of the most widely-followed gauges for the US jobs market revealed it continued to be in robust health. Initial jobless claims plummeted by 12,000 over the week ending 12 August... [more]

South Korea's president says North is dangerously close to crossing a 'red line'

Thu, 17 August 2017

(ShareCast News) - South Korea's president cautioned Pyongyang not to pursue nuclear missile capabilities while underlining that Seoul and Washington shared the same aims. "I would consider that North... [more]

Trump axes key business councils after CEOs drop out

Thu, 17 August 2017

(ShareCast News) - US President Donald Trump has disbanded two of his key business advisory councils after a plethora of CEOs quit in response to his stance on events following clashes in Charlottesvi... [more]

WTI falls back as DoE reveals rise in weekly US oil output

Wed, 16 August 2017

(ShareCast News) - US crude oil stockpiles fell sharply despite rising imports amid still high levels of refinery runs. Yet oil futures fell back following Wednesday's reports as traders reacted to ... [more]

US housing starts miss forecasts in July

Wed, 16 August 2017

(ShareCast News) - The US housing market cooled last month with scant indication in the data that a turnout might be on the cards in the near-term, according to economists. Housing starts in the State... [more]

China and India troops clash in Western Himalayas

Wed, 16 August 2017

(ShareCast News) - Tension between India and China heightened on Tuesday after Indian and Chinese soldiers briefly clashed in a disputed area of the Western Himalayas, according to a report from India... [more]

Euro area GDP accelerates in the second quarter of 2017

Wed, 16 August 2017

(ShareCast News) - Economic activity in the single currency bloc picked-up slightly in the second quarter of the year despite a slightly slower expansion in Germany, the region's largest economy. Over... [more]

WTI futures advance after API reports 9.16m barrel stockdraw

Wed, 16 August 2017

(ShareCast News) - Crude oil futures advanced following the release of the latest weekly estimate of US inventories from a private industry group. According to reports, on Tuesday evening the Ame... [more]

ECB's Draghi not set to deliver fresh policy message, report says

Wed, 16 August 2017

(ShareCast News) - Analysts and traders hoping that European Central Bank governor Mario Draghi might signal a small shift in its policy stance next week may be asked to wait at least a little bit lon... [more]

S&P takes Brazil off CreditWatch, but keeps negative outlook

Wed, 16 August 2017

(ShareCast News) - Standard & Poor's took Brazil's long-term debt ratings off the chopping block after president Michel Temer survived votes in the country's electoral court and in Congress related to... [more]