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UK retail sales fall sharply in January
Consumers in Britain pulled back on spending at the end of 2015 by far more than analysts had expected.
Market overview: Pearson bounces on large volumes, charts still weak
1630:Close Dovish remarks from ECB president Mario Draghi put a bid into equity markets, although some traders had already been anticipating a bounce after Wednesday’s carnage. Pearson led the bounce on a spike in trading volumes, although the price charts still had an extraordinarily weak look to them on a medium-term basis. Commodity stocks paced gains on both the Footsie and the FTSE 250. To take note of, remarks from top Chinese officials that yuan weakness was not in the best interests of the Asian giant.
ECB keeps key rates unchanged, as expected
The European Central Bank on Thursday decided to keep its key rates unchanged, as expected by analysts.
Market overview: Carney talking the pound lower?
1630:Close Randgold Resources did best on Wednesday, a not unlikely outcome given the Footsie’s skid lower into bear-market territory. At the bottom of the pile were oil and commodity stocks as West Texas Intermediate crude oil futures threatened to lose the $26 mark. In global capital markets more generally, the focus shifted towards the Hong Kong dollar, amid worries – and fresh estimates – about the scale of capital flight out of China. Do the policy-makers meeting in Davos know what they are doing? Exactly? One outspoken veteran ex-trader appeared to harbour his doubts.
Barclays to let investment bankers go in London and New York
Barclays said it would cut investment banking jobs in London, New York and across Asia, in places such as Hong Kong and in Australia, Bloomberg reported.
US inflation rises less than expected in December
The US consumer price index rose 0. 7% in the year to December, according to the Bureau of Labor Statistics on Wednesday.
Goldman Sachs fourth quarter earnings hit by settlement provisions
Fourth quarter earnings from Goldman Sachs fell short of expectations due to money set aside to pay a regulatory settlement for mortgage-backed securities it sold in the lead-up to the financial crisis.
Russian ruble hits record low versus dollar
The Russian ruble weakened to a record low versus the greenback on Wednesday, amid a renewed slide in crude oil prices.
S&P says RBS may be on path to sustained improvement, raises outlook
RBS may be on the path to a sustained improvement in its credit strength, even allowing for "probable" large conduct and litigation charges during 2016, Standard&Poor's said.
Now is not yet the time to raise interest rates, Carney says
Now is not yet the time to raise interest rates, the Governor of the Bank of England, Mark Carney, said.
Global expectations slump but investors still bullish on Europe, says BofA ML
Global growth, profit and liquidity expectations are at their worst level since summer 2012, according to the Bank of America-Merrill Lynch Fund Manager Survey for January.
Trading in shares of Glencore halted
Trading in shares of Glencore halted due to volatility when shares were rising 11. 7%.
UK core CPI rises past forecasts in December, led by airfares
UK consumer prices rose by slightly more than expected in December, with so-called ‘core’ consumer prices coming in comfortably ahead of market expectations.
Renault to recall 15,000 automobiles
Renault will recall 15,000 automobiles to make adjustments to their pollution filtering systems, one of the country’s ministers said.
Chinese economy slows down in fourth quarter of 2015, economists optimistic
The Chinese economy continued on a glide path in the last quarter of 2015, with some economists apparently sanguine on the chances of a successful and controlled slowdown in Asia's largest economy.
Oil futures slide after IAEA gives greenlight for Iran sanctions to be lifted
Oil futures moved sharply lower again at the start of the week after the world’s nuclear watchdog gave the ‘green-light’ for some of the economic sanctions on Iran to be lifted.
S&P 500 drops below August lows
Selling on Wall Street picked just before midday in New York, with the S&P 500 at its August 2015 lows of 1,867 points - after having dipped below it - as of 17:53GMT, triggered by worries about China and another sharp drop in energy quotes.
Intel shares drop after fourth quarter margins slip
Intel unveiled better-than-expected fourth quarter earnings and sales after the close of markets on Thursday, but guided towards lower gross margins for the following three months, sending its shares promptly lower.
Some ECB members called for 20bp cut at December meeting - Minutes
Some policymakers at the European Central Bank argued for a larger cut to interest rates when they met in December, the minutes of that meeting showed.
MPC keeps rates unchanged, as expected
Rate setters in Britain kept policy unchanged following their latest deliberations, as had been widely expected.