The good news for the US economy came from the house price figures, showing not just rising demand but rising prices. New single-family homes rose 2.9%
Still-reasonable Markit PMI numbers slightly hit the dollar earlier. The closely-watched US manufacturing numbers came in at 53.0
Some relief for US banks: the US central bank claims the 34 largest domestic players have passed ‘stress tests’ –
US Senate Republicans finally reveal their draft of a healthcare bill that would unwind much of the Affordable Care Act also called Obamacare.
US stocks were up slightly at 4pm today with a 1.77% climb from UnitedHealth Group helping taking the Dow to 21,450.47, up 0.19%. There was also a 1.27% gain for Johnson & Johnson.
A lack of communication at the Bank of England yesterday: chief economist Andy Haldane came out in favour of a rate rise within 24 hours
It's a case of bad news bears for oil prices. US data showing crude oil stockpiles were lower than expected
Sterling rose to $1.2711 as the Queen’s speech got underway in Westminster. But the gains were dashed