Economics Page 402

Construction site
Interserve shares plummet after fresh profit warning

Outsourcing company Interserve saw shares almost halve this morning with an unexpected announcement that its outturn would be “significantly below previous forecasts”.

Alison Bloomer
Walking outside Bank of England, photo
Will Carney shock markets with a midday rate hike?

A tighter jobs market, soaring inflation (at 2.9% well above target) and rising personal debt

Adrian Holliday
Oil prices surge as US reserves fall

The main commodity news was oil, up more than +2% after more evidence from the International Energy Agency that global crude production was stuttering

Adrian Holliday
Photo of Apple store logo
iPhone X fails to move Apple’s share price

Despite the hype of augmented reality and facial recognition Apple’s new £999 X iPhone (basic version) failed to lift Apple’s share price yesterday.

Adrian Holliday
Equitable Life
Think the unthinkable to avoid the next financial crisis

Banks trying to maintain profit growth in an era of low interest rates and executives who refused to think the unthinkable were responsible for the financial crisis and crucial lessons remain to be learned

Neil Dennis
Bank of America Merrill Lynch global fund manager survey
It's not the US market, stupid

It's not the US market, stupid, is the eye-catching headline on the just-published September Bank of America Merrill Lynch global fund manager survey.

Brian Bollen

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BIS survey underlines banks´ progress

Banks have made further progress in readying themselves for stricter incoming capital requirements, according to the latest survey from the Bank of International Settlements (BIS).

James Hester
Photo of Japanese cars waiting for export
Japanese stocks surge as risk returns

Asian stocks continued to rise during Tuesday as investors piled back into risk

Adrian Holliday
Photo of Theresa May
Sterling surges to $1.32 as Brexit bill nears midnight vote

Despite increased demand for the US dollar earlier the pound hit $1.32 earlier today.

Adrian Holliday
Photo of Sony logo
Nikkei 225 soars as Korean anxiety eases

Helped by a weaker yen and a lack of fresh North Korean threats to worry about the Japanese Nikkei 225 bounced back on Monday

Adrian Holliday
mark carney
Economic preview: Bank of England makes rate call

There's much for the Bank of England's monetary policy committee (MPC) to consider this week before making its decision on UK interest rates on Thursday

Neil Dennis
Trinity Mirror ponders bid for Northern & Shell publishing assets

Trinity Mirror has entered into talks to acquire assets of rival Northern & Shell, the publisher of the Daily Express newspaper.

James Hester
Photo of Japanese yen
Dollar-yen pair hits 10-month low

The Japanese yen moved to a 10-month high overnight as risk appetite lowered and safe-haven appetite increased

Adrian Holliday
Photo of pound coin against euro
Pound and euro lift on ECB guidance

European Central Bank boss Mario Draghi delivered a bland and most featureless offering to investors with monetary policy unchanged earlier.

Adrian Holliday
ecb frankfurt
Unchanged ECB key interest rate of little surprise

The European Central Bank's decision to leave interest rates unchanged came as little surprise.

Brian Bollen

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