Brussels has warned that it stands ready to retaliate and potentially open up a transatlantic trade war if the US delivers on apparent threats to restrict European imports.
WASHINGTON (Reuters) - U.S. consumer spending rose solidly in December as demand for goods and services increased, but the gain came at the expense of savings, which dropped to a 10-year low in a troubling sign for future consumption and economic growth.
President Muhammadu Buhari Monday called for the speedy establishment of a single, unified market in Africa.
Next trading day's important events
- 13:00 (GMT 3) EMU - Gross Domestic Product s.a. (YoY) (Q4)
- 16:00 (GMT 3) DE - Harmonised Index of Consumer Prices (YoY) (Jan)
- 18:30 (GMT 3) UK - BOE's Governor Carney speech
- USDJPY: 108.90
- EURUSD: 1.2372
- S&P 500: 2858.75
- NASDAQ: 7470.50