Latest News
Chinese data point to economic slowdown in April, PBoC issues statement
A spate of weaker-than-expected figures on Chinese economic activity referencing the month of April triggered cautious market commentary and saw the country's central bank issue a statement clarifying its position on policy and the reasons behind weak lending data released in the previous session.
Week ahead: FOMC minutes, Fedspeak in focus
A raft of data next week will give investors a better grasp of the current state of play in the UK economy, although for all practical purposes the dominant short-them theme is likely to continue to be the rolling Brexit debate, which will continue to be reflected in the ebb and flow in cable.
Moody's upgrades Ireland's long-term sovereign debt rating
Moody's upgraded its rating on Ireland's sovereign bonds, hailing the country's strong growth, prospects for a continued reduction in Dublin's debt pile and the recent political compromise reached between its two largest political parties.
FX round-up: MPC may have to tolerate inflation overshoot, BoE's Weale says
The pound retreated at the end of the week in the face of much stronger than expected numbers on US retail sales and consumer confidence, against the backdrop of a warning from the IMF regarding the impact Brexit might have on Britain's economy and sterling assets.
Bonds: Yields higher amid IMF warning on Brexit, pound weakness
These were the movements in the most widely-followed ten-year sovereign bond yields:.
US close: S&P 500 down for third week amid investor pessimism and hawkish Fedspeak
Wall Street dropped at the end of the week despite the release of significantly better-than expected readings on retail sales and consumer confidence referencing the month of April.