US new home sales edged higher to 467,000 in September

US new home sales edged higher by 0. 2% month-on-month in September to reach an annualised rate of 467,000, according to the Department of Commerce.

UK GDP growth slows to 0.7% in third quarter, as expected - UPDATE

UK gross domestic product (GDP) expanded at a 3% year-on-year pace over the three months to the end of September, led by industrial output, although it slowed from the 3. 2% clip registered in the previous quarter, according to the Office for National Statistics (ONS).

Sentance (ex-MPC): UK due for a bit of a slowdown, drop in oil is good for economy - Bloomberg

Central bankers should take a more "strategic" view and not be buffeted by moves in financial markets, although there are headwinds for the global economy, Andrew Sentance just told Bloomberg TV in an interview. He was answering a question regarding the back-pedaling by central bankers seen over the last few weeks.

US weekly jobless claims rise 17k to 283k, above 281k forecast

UK retail sales slow in September, ONS says

UK retail sales fell 0. 3% last month against August, although they still racked up their 18th month in a row of year-on-year growth, official data showed.

US CPI remained unchanged in September

US consumer prices remained unchanged in September at a 1. 7% year-on-year rate of change, according to the latest figures available from the Bureau of Labour Statistics.

MPC minutes emphasise lack of inflationary pressures

As anticipated by economists, the minutes of the 7 to 8 October meeting of the Monetary Policy Committee (MPC) revealed that the decision to maintain Bank Rate and the current size of the Bank’s bond purchase programme was taken by a majority of seven votes to two.

MPC voted 7-2 to maintain rates at last meeting, as expected, minutes show

Japanese exports grew 6.9% in September, beating forecasts

Japanese exports rose by 6. 9% in September in year-on-year terms according to figures released by the Ministry of Finance.

China's finance minister mulls allowing local governments to issue bonds

RTGS glitch fixed, BoE confirms

The Bank of England has confirmed it is now processing payments through its Real Time Gross Settlement Payment System (RTGS) as normal.

Nigeria now Ebola-free, says World Health Organization

BNP Paribas shifts BoE rate hike call to May 2015 from February

Greater uncertainty in capital markets, downside risks to growth in the Eurozone and lower-than-expected inflation in the UK have led markets to pare back their expectations for interest rates hikes in the UK to the third quarter of 2015.

Hong Kong students set deadline - Bloomberg

Obama set to sign executive order to enact enhanced security measures for credit, debit cards

Increase in inequality in the US is a great concern, says Fed's Yellen

Income and wealth inequality in the US are at the highest levels in the past hundred years, Federal Reserve Chair Janet Yellen said on Friday.

US Philly Fed index comes in slightly ahead of forecasts

Manufacturing conditions in the north-eastern US cooled a tad in October, according to a monthly gauge on activity crafted by the Federal Reserve bank of Philadelphia.

Initial weekly US jobless claims drop to lowest since April 2000

Initial weekly US jobless claims dropped by 23,000 over the seven days ending on 11 October, according to the Department of Labor.

Russian banks' capital adequacy ratios at risk amid geopolitical tensions - S&P

ECB trims discount applied to Greek banks' collateral

The European Central Bank (ECB) has reportedly reduced the discount it applies to the bonds Greek banks submit as collateral to borrow funds.