Market Pulse - Currencies
Market buzz: Conviviality to call in administrators, Amazon feels Trump wrath
1758:Close Reports of Conviviality's demise were somewhat exaggerated, it seems, with the Bargain Booze owner saying it's still in talks with its lenders after failing to drum up the full amount of its attempted emergency cash call.
FX round-up: Pound jumps, BofA points out strong April seasonality
Sterling gained further ground against a backdrop of ongoing weakness in the US dollar, even as analysts flagged the prospect for further gains in April.
Nobel Prize winning economist warns of economic crisis from 'showman' Trump's tariffs
The looming prospect of a trade war between the United States and China could spark a new economic crisis according to Nobel Prize winning economist Robert Shiller.
Pound pops as Labour moves to prevent hard Brexit
The Labour party will demand that parliament is given a final say on Brexit in order to preventing the UK leaving the European Union without a deal, which led to a rise in the pound on Monday.
FX round-up: Optimism on Australian dollar on frail foundations, Rabobank says
The pound put in a modest gain in a risk-off session that saw the dollar fall to within a whisker of its weakest level against the Japanese yen in a year.
Europe close: Stocks take heavy hit from trade frictions
Stocks on the Continent got dinged on Thursday, weighed down by a slate of weaker-than-expected economic data ahead of the expected announcement of US trade tariffs against China later in the day.
MPC votes to keep rates unchanged by 7-2 in March
The Bank of England left the way open for interest rates to rise in May after policymakers voted 7-2 in favour of leaving borrowing costs unchanged.
US close: Markets slip after FOMC decision, Apple weighs on indices
Stocks slipped after the US central bank's decision to raise rates for a seventh time, dragged lower by a drop in Apple shares even as Treasury note yields fell back.
FX round-up: Cable moving back towards post-referendum highs after FOMC
The US dollar fell back sharply in the wake of the Federal Reserve's policy announcement, despite what some observers described as a more hawkish bias in the macroeconomic projections that the central bank published alongside chair Jerome Powell's press briefing.
Don't judge Trump by 'your theory about what might be his results', says commerce secretary
Donald Trump's commerce secretary Wilbur Ross told "naysayers" not to judge the president on what they believe could happen, but instead to focus solely on what does happen.
FX round-up: Pound holds up despite bid for the dollar, weak CPI
Sterling was well-behaved against the backdrop of an up day for the US dollar, as investors waited on policy announcements from the US Federal Reserve and the Bank of England scheduled for over the next two days.
Fund managers' pessimism on UK at record high, BofA-Merrill says
Fund managers were still 'long' on equities, despite rising worries over trade and stagflation, thanks to optimism on the outlook for earnings and interest rates, the results of a widely-followed poll showed.
Chinese economic growth continues in March
Economic growth in China continued in March, driven mainly by manufacturing and amid "notable" increases in prices, according to the latest reading for World Economics's Sales Managers' Index.
Officials seek warrant to investigate Cambridge Analytica HQ after compromising footage released
The UK’s Information Commissioner is seeking a court warrant to search Cambridge Analytica's London headquarters after a hidden camera video broadcast by Channel 4 showed the firm’s chief boasting about the use of honey traps and bribery to damage politicians.
Commodities: Wheat, cocoa futures see sharpest losses
Commodities as a whole were lower on Monday, even as the US dollar lost ground, amid heavy selling in the agricultural space.
Putin elected to a fourth term as Russian president
Vladimir Putin was elected for a fourth six-year term as Russian President in the 19 March elections, making him the longest-serving leader of the country since dictator Joseph Stalin, although voter turnout was slightly lower than the Kremlin had reportedly been seeking.
Kremlin: 'UK must prove Russian involvement in poisoning or apologise'
Russia has demanded proof of their involvement in the Salisbury poisoning, saying that otherwise the UK should apologise, even as the European Union backs Britain and requests "full and complete disclosure of its novichok programme".
UK expels 23 Russian diplomats over Salisbury nerve agent poisoning
The UK will expel 23 Russian diplomats after the Kremlin failed to explain its involvement in the poisoning of former double agent Sergei Skripal and his daughter Yulia.
US factory gate prices slightly higher than expected in February
US wholesale prices edged past economists' forecasts in February, but only slightly.
Commodities: Precious metals glitter amid retreat in risk appetite
Commodities found a bid on Tuesday, amid dollar weakness following an in-line print on consumer prices Stateside earlier in the session and a generally 'risk-off' tone in markets after the White House announced that the Secretary of State had been asked to step down.