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A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON, Oct 18 (Reuters) - Sterling made slim gains on Wednesday after data showed UK inflation held steady in September, though above expectations for a slight retreat.UK consumer price inflation held at 6.7% in September, an 18-month low, showing no acceleration. It was, however, above expectations for a retreat to 6.6%.The pound by 0842 GMT was up 0.15% on the day against the dollar at $1.2205, having earlier risen to $1.2210...

LONDON, Oct 18 (Reuters) - With the U.S. economy roaring at a faster pace than China and global politics increasingly hard to fathom, there's a feeling the best bet in town is to stick with U.S. stocks regardless of relative valuations.After another forecast-busting U.S. retail and industrial readings for last month, the Atlanta Federal Reserve's real-time economic growth estimate hit an annualised 5.4%, more than a point higher than China's equivalent.And all against a murkier international backdrop.The Gaza crisis throws yet another geopolitical imponderable into an already crowded and confusing...

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 17 (Reuters) - Bank of America (BAC.N) beat Wall Street estimates for quarterly profit on Tuesday as it joined rivals in earning more from interest payments, while benefiting from a better-than-expected performance of its investment banking and trading divisions.The U.S. economy has shown resilience despite rising interest rates as a hot job market and healthy finances prompt consumers to spend on goods, travel...