Market Pulse - Currencies
Philly Fed index jumps in February as new orders strengthen
Factory sector activity in the US mid-Atlantic region roared back to life in February, according to the results of one of the mostly closely-followed surveys, wrong-footing analysts.
US jobless claims edge higher during latest week
US jobless claims continued to hover near their recent lows, reflecting still low levels of firings in the economy.
Chinese money supply dynamics in January point to more subdued growth
Money flows in China undershot economists' forecasts last month, pointing to a slower outlook for economic growth.
GE offers GEnx engines for Airbus A330neo
General Electric has offered to design a variant of its GEnx engines for Airbus's new A330neo jet to offset weaker demand from Boeing and broaden its relationship with the European manufacturer to include its biggest planes.
US final demand prices jump past forecasts
Wholesale prices in the US picked up more sharply than expected last month following a jump in the cost of services.
US housing starts jump past forecasts in January
Housing market activity in the States cooled at the start of January, but only a tad.
Turkish central bank cuts interest rates, as expected
Rate-setters in Ankara decided to lower official interest rates on Wednesday, as expected.
Empire State index jumps past forecasts in February
Economic activity in the New York state area started 2020 on a more solid footing, according to the results of a closely-followed survey of factory sector conditions.
Intesa Sanpaolo bids €4.9bn for UBI Banca
Intesa Sanpaolo, Italy's biggest retail bank, has launched a €4. 9bn (£4. 1bn) bid to buy its smaller rival UBI Banca marking the first move in long-expected consolidation for the Italian banking sector.
US consumer confidence continues to improve in January
The most closely-followed gauge of US consumers' spirits continued rising in early February, coming within a whisker of its highest level in the current 11-year long economic expansion.
US import prices edge past forecasts in January
Dearer fuel imports kept the cost of foreign goods in the US from falling at the start of 2019.
Javid quits as UK finance minister, replaced by Rishi Sunak
Sajid Javid resigned as UK finance minister after Prime Minister Boris Johnson demanded he fire his advisers as Downing Street sought to seize control of economic policy from the Treasury.
US weekly jobless claims little changed, secondary filings keep falling
The number of people queuing for jobless insurance in the States remained near a record low last week.
Coronavirus forces Carnival to cut full-year guidance
Carnival warned on Wednesday that the new Chinese coronavirus would have a "material" impact on its performance that was not anticipated when it last issued guidance.
Bonds: 'Hunt for yield' pushes 10-year Greek debt below 1% for the first time
These were the movements among some of the most closely-followed 10-year sovereign debt yields:.
Number of new coronavirus cases in China slips on Tuesday
The World Health Organisation's latest update on the new China coronavirus, published on Tuesday, appeared to show a further slowdown in the number of new cases in the Asian giant and globally, with those in the former slipping from 3,073 on Monday to 2,484 on Tuesday.
Fed monitoring coronavirus impact and ready to act, Powell tells Congress
The US central bank, the Federal Reserve, is ready to move on interest rates if needed and is monitoring the fallout from the new coronavirus in China, the head of the US central bank said.
Sprint soars after US judge approves merger with T-Mobile
Shares of telecommunications carrier Sprint were catapulted higher after a US judge gave the thumbs-up to its plans for a merger with T-Mobile.
US small business optimism improves in January
The National Federation of Independent Business' small-business optimism index rebounded from a slight decline at the end of 2019, rising to 104. 3 points in January from the 102. 7 recorded a month earlier.
Commodities: Base metals hit by virus worries, US weighs sanctions on Rosneft
Base metals were the weakest chain in the link in the commodity space as investors took stock of a raft of corporate warnings about the impact of the Wuhan virus on their operations.