The US economy generated 178,000 jobs last month sending the unemployment rate down to an impressive 4.8 per cent in the month the country went to the ballot box in presidential elections.

US short-term treasury yields and the dollar took a brief dive after the latest jobs numbers from the world’s largest economy came in line with forecast but pointed to weak wage growth.

The US economy added 178,000 jobs in November and unemployment fell to its lowest level in nine years, showing that election jitters did not hurt hiring in the world’s largest economy and leaving the Federal Reserve on track to raise rates this month.

The Bank of England’s chief economist is “comfortable” with the UK’s current record low interest rates, warning against any unduly hasty moves to tighten policy to curb a sharp climb in inflation.

US stock futures were lower ahead of the release of the US jobs report, signalling the S&P 500 was on track for its first weekly decline since Donald Trump won the presidential election in November.

Gambia’s president, who pledged to rule his west African nation for a billion years, will concede defeat after an election, the head of the country’s electoral commission has said.

The head of the National Stock Exchange of India has resigned weeks before the country’s largest exchange was due to file details about a public listing.

Oil is trimming some of its recent rally after two days of big gains, but is still on track for its best week in more than seven years.

Just what the lira didn’t need.

Rising prices in the energy sector have helped push up producer prices in the eurozone to increase twice as quickly as expected in October.

Britain’s construction industry enjoyed a better than expected month in November, according to a key business survey which reported rising building output and higher cost inflation for UK firms.

A head of steam for Italian government bond yields.

Britain’s foreign secretary has supported Donald Trump’s push to ensure equal defence spending across all Nato members, as he rejected claims the Brexit vote marked a turn towards xenophobia.

Another weekend of existential euro angst and traders are getting wary.

Berkeley Group’s assertion that its post-Brexit vote share price drop was overdone has provided a push to stocks across the property sector this morning, with Berkeley itself climbing to the top of the Europe-wide Stoxx 600 index.

UK rail fares will rise by an average 2.3 per cent in January as the sector reacts to higher-than-normal inflation in the past year’s benchmark month and the government seeks to drive down the subsidies paid to the industry.

The lira is struggling to stage much of a comeback after slumping yesterday, remaining stuck near record lows.

Stock markets, oil and the dollar are paring recent gains, while government bond yields hover near multi-month highs ahead of the release later today of closely-watched US jobs data.

Russia’s security services claim foreign powers are planning cyberattacks aimed at disrupting the country’s critical financial infrastructure and banking system.

Economic growth in Finland picked up in the third quarter and the country’s statistics agency upgraded its assessments of growth earlier in the year, further raising hopes that the worst is over for the economy after the decline of national champions such as Nokia contributed to three years of recession.

The weakness of sterling has helped profit margins at James Halstead, but the the Aim-listed commercial flooring group said an explosion at one of BASF’s chemical plants in Germany has put significant pressure on its supply chain.

High-end housebuilder Berkeley Group is to amend a five-year dividend plan set out before the Brexit vote, instead returning some of the cash through share buybacks after a steep drop in the price of the group’s stock.

The British pound is the biggest riser among major currencies today, taking advantage of dollar weakness and building on yesterday’s gains after a victory for a pro-EU candidate in a local by-election.

Ian Russell, chairman of publisher Johnston Press, is set to step down over an “acute illness in his family”.