Market Pulse - Currencies
Trump rebuffs China's call for 'market economy' status
The White House has formally rejected China's call to be considered a "market economy" under global trading rules, heightening tensions between two of the world's largest economies.
UK net migration has biggest fall on record after Brexit vote
Net migration to the UK fell by the largest amount since records began in the year following the Brexit vote, official figures show.
Russia reportedly onboard with OPEC output cut extension to end-2018
Crude oil futures are holding near their session highs after the Organisation of Petroleum Exporting Countries signaled they want to extend the group's current output curbs until the end of 2018.
Bitcoin falls more than $1,000 in minutes after breaking $11,000
Digital currency Bitcoin showcased its major volatility as its value dropped by more than $1,000 in 10 minutes overnight, in a matter of hours after capping a meteoric rise to over $10,000 amid some calls for it to be banned.
Sector movers: Retailers and banks gain on heels of Brexit bill reports
Retailers and banks drove gains at the middle of the week amid multiple reports that London and Brussels had reached a deal on the size of the UK's so-called Brexit bill, possibly paving the way for the next stage of negotiations - on trade - to begin.
Big gains and Big Macs: Bitcoin smashes through $11,000
Less than a day after Bitcoin topped the symbolic $10,000 barrier for the first time, the cryptocurrency broke through the $11,000 mark on Wednesday morning, adding more than 10% in value over the course of just 24 hours.
North Korea fires ballistic missile
North Korea has fired a ballistic missile into the sea off Japan, breaking a two-month lull.
UK and EU reach agreement on EU divorce bill, report says
Westminster has reached an agreement with Brussels, in principle, on its so-called Brexit 'divorce bill', according to the Daily Telegraph.
FX round-up: Dollar firms up as Powell testifies, Brexit concerns weigh on stirling
Tuesday saw the greenback firm up against a basket of currencies, as the dollar index managed to climb 0. 27% to 93. 152 by 1515 GMT as Fed chair designate Jerome Powell addressed the Senate Committee in Washington.
US foreign trade deficit jumps unexpectedly in October
The US trade deficit in goods jumped last month as import growth picked up and exports slipped.
Sector movers: Miners under pressure as focus turns to Chinese property sector again
Miners came under selling pressure at the start of the week as data revealing a modest slowdown in Chinese industrial profits called attention to the outlook for the country's property sector, a key driver for demand for multiple commodities around the world, including for copper and iron ore.
Keep 'buying the dips' (with a caveat or two), Citi says
Keep buying the dips, this bull market still has legs, strategists at Citi told clients, albeit with two caveats.
Bitcoin heads towards $10,000 despite continued 'bubble' warnings
Bitcoin skyrocketed above the $9,700 mark on Monday, with analysts and speculators eyeing the $10,000 mark as the cryptocurrency's seemingly inexorable rise continues.
South Africa under pressure after S&P cuts to 'junk', ANC congress in focus
Standard&Poor's has become the second major agency to cut its rating on South Africa's long-term sovereign debt to 'junk' with the third, Moody's, placing its own ratings under review for a possible downgrade.
FX round-up: Pound edges higher amid Brexit optimism, more caution on Fed path in 2018
Sterling gained slightly at the end of the week, helped by a degree of optimism surrounding the first phase of the Brexit negotiations with Brussels and somewhat increased doubts regarding the pace of monetary policy tightening in the States in 2018.
Transport Police investigating incident at Oxford Street Tube
Police are asking people in the vicinity of the Oxford Circus Tube station to take cover inside buildings.
Russia and OPEC agree to extend oil output cuts until end-2018
The Organisation for Petroleum Exporting Countries and the Russian Federation have agreed on the broad outlines of a deal to extend their crude oil supply cuts until the end of 2018.
South African Reserve Bank pauses interest rates ahead of debt rating decision
South Africa's central bank opted to leave interest rates on hold on Thursday, but the country is still facing several hurdles on Friday when several key ratings agencies are set to choose whether to downgrade the country's debt.
FX round-up: Sterling steady while euro moves up for third day
News out for the UK on Thursday showed second estimate GDP quarter/quarter came in as expected, 0. 4%, while the latest minutes from the European Central Bank (ECB) eluded to a discussion about cutting the current bong buying programme.
FX round-up: UK trade budget widens as greenback trades on the backfoot
Data out for the UK on Tuesday showed an unexpectedly wider budget deficit, while in the US, the dollar weakened 0. 17% to 93. 923 against a basket of currencies.