Economics

Markets across Asia started the week brightly as traders bet the withdrawal of Fed chair candidate Larry Summers' could slow the US' curtailment of quantitative easing.

Official consumer prices index (CPI) inflation is expected to dip this week when official figures are released.

Former US Treasury Secretary Larry Summers has withdrawn his candidacy to succeed Ben Bernanke as head of the US central bank, the Federal Reserve.

Hargreaves Lansdown's legal challenge to HMRC's move to tax platform rebates was the story of most interest to Investment Week's readers this week.

Mining stocks led a drop in the FTSE 100 today as falling commodity prices weighed on shares.

Mark Carney yesterday declared the British economy is picking up but warned the recovery may prove to be another ‘false dawn'.

Analysts at the Bank of America Merrill Lynch have tipped the FTSE 100 to rise to 7,400 next year, citing the strengthening economy and an accommodating central bank as reasons why stocks can reach such highs.

Sterling has risen to a seven-month high against the dollar after the UK's unemployment rate unexpectedly dipped from 7.8% to 7.7%.

A senior European Central Bank(ECB)policymaker has issued a fresh warning the impact of the US Federal Reserve reducing its massive stimulus programme might exceed that of 1994.

Nordea's new North American All Cap fund has left competitors in the shadows in the last year, outperforming many rivals in the IMA North America sector thanks to the performance of some key holdings.