10 things you need to know in markets today-

Good morning! Here's what you need to know in markets on Thursday.
1. The Bank of England will  announce its first monetary  policy decisions on 2018 on  Thursday.Although policy is widely expected to stay on hold, the MPC is likely to set the tone for a year in which markets expect at least one, and possibly two, interest rate increases.
2. Brexit could cause huge new  costs for British businesses, with  some industries facing additional costs of up t0 20%, according to  a leaked government analysis.
The newly released data looks at the non-tariff barrier costs that leaving the European Union could cause for UK businesses — everything from diverging regulation to customs checks, though not additional tariffs.
3. US Senate leaders on  Wednesday announced a  massive bipartisan budget deal  designed to end Washington's  cycle of short-term funding fixes.But it's unclear how it will be received by each party's
rank-and-file members as leaders work to avoid another shutdown before Friday. The deal is expected to increase defense and domestic spending by just under $300 billion over two years, as well as provide billions of additional dollars in disaster-relief funding.
4. The mini-riot stocks that  spilled into global markets this  week has calmed down for now,  but the benchmark index in the  world’s second-biggest  economy, China, is still tumbling.
While many markets across Asia including South Korea and Australia were higher today after a calmer session on Wall Street, a short time ago the Shanghai Composite was down 1.66%, having been down a full 2% down earlier. The index has now lost around 8% from its highs in January.
5. London's housing market is  set for another turgid year.A January survey by the Royal
Institute of Chartered Surveyors showed house prices in the capital remain firmly in negative territory, with considerably more respondents to the survey reporting falling prices than rising prices.
6. Tesla on Wednesday reported  a smaller-than-expected loss for  the fourth quarter and beat on  revenues.The company earned $3.29 billion in revenue but recorded a net loss of $770.8 million, or $3.04 adjusted per
share. In its earnings release, Tesla said it expected 2018 revenue growth to "significantly exceed" last year, driven by the Model 3 sedans and its energy-storage units.
7. Japan's finance regulator will  inspect more cryptocurrency  exchanges.On-site checks of cryptocurrency exchanges potentially vulnerable to cyberattacks will occur after Coincheck Inc had $400 million  stolen by hackers.
8. Apple customers who want to  buy an iPhone on an installment  plan could soon be entering into a contract with Goldman Sachs.The bank's consumer division, Marcus, is in talks with Apple to  offer financing for iPhonesand other products, the Wall Street Journal reported on Wednesday.
9. A bad loan to the ex-chairman of embattled South African  retailer Steinhoff International  cost Wall Street banks over $1  billion on their fourth-quarter  earnings — and Bank of  Americawould like to know how  it was able to happen.The bank,
which booked a $292 million  chargerelated to Steinhoff in the fourth quarter, hired outside law firmDavis Polk & Wardwell late last year to probe the €1.6 billion ($2 billion) loan to Steinhoff's former chairman Christo Weiss that a handful of global banks — including Citigroup, JPMorgan, and Goldman Sachs — took part in.
10. President Donald Trump on  Wednesday broke his silence  about the stock market's recent  tumbles and volatility, arguing  on Twitter that the decline was a "big mistake" that happened  amid a strengthening US  economy."In the 'old days,'
when good news was reported, the Stock Market would go up." Trump said. "Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!"