LONDON Donald Trump has until Saturday to decide whether to impose tariffs on imported cars and auto parts from Europe and elsewhere, based on the findings of his administration that such imports are a national security threat.
LONDON The pound fell sharply on Wednesday on growing expectations that Prime Minister Theresa May will again fail to get her Brexit deal approved and could soon face a leadership challenge.
Global investors' equity allocations fell 6 percentage points in May and over a third of fund managers have taken out protection against sharp stock market falls in coming months, Bank of America Merrill Lynch's latest monthly survey found on Tuesday.
May 13 The U.S. Treasury bond yield curve
between three-month and 10-year rates inverted on Monday for the
second time in under a week as escalating trade tensions raised
concern that the U.S. economy could tip into recession.
LONDON The escalating trade war between the United States and China will overshadow all other news coming out on Europe's economy today after Donald Trump increased tariffs on $200 billion worth of Chinese goods this morning, prompting threats of retaliation from Beijing.
LONDON One clear takeaway from the results out on English elections so far is that both ruling Conservatives and to a lesser extent opposition Labour were punished for their failure one way or another to break the deadlock over Brexit.
LONDON British water and power firms are trying to soothe nerves over nationalisation in the event of a Labour government, although some fund managers and lawyers doubt so-called Corbyn-proofing will work.
LONDON If general elections often revolve around the economy and voter calculations about which party is best for their pockets, Spain's vote on Sunday is being played out on broader terrain.
LONDON With Brexit uncertainty set to continue, a Deloitte survey released this morning underlines some of the deeper economic impact.
LONDON On the day that the UK was originally supposed to be leaving the European Union, Theresa May will today have possibly her last go at getting her deal through parliament.