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Market Pulse - Currencies
31 Oct
George Osborne by Richter Frank-Jurgen (Flickr)
George Osborne regrets mistakes that led to Brexit referendum

George Osborne admitted that he regrets missing the opportunity to inform citizens of the benefits of belonging to the EU and not spotting “the shift in politics” that led to the 2016 Brexit referendum.

30 Oct
money
FX round-up: Sterling hit by warning from S&P, poor euro area data

Sterling was trading on the back foot on Tuesday, after ratings agency Standard&Poor's warned that a 'no-deal' Brexit was likely to tip the country into a recession, which might last more than a year.

30 Oct
US may extend tariffs to cover all Chinese exports by December

The US administration may impose fresh tariffs on the People's Republic of China in little over a month.

29 Oct
mark carney bank of england pound sterling gbp tenner
FX round-up: Sterling drifts lower, Chinese yuan and US inflation in focus

Sterling began the week trading on the backfoot as investors bid their time ahead of the Monetary Policy Committee's decision on Bank Rate and the release of the quarterly Inflation Report, both on Thursday.

26 Oct
la-russie-denonce-une-hysterie-russophobe-du-royaume-uni
Russian central bank stays put on rates, says inflation risks remain elevated

Rate-setters in Moscow stayed put on interest rates at the end of the week and appeared to sound a tad less strident regarding inflationary risks and the possible need for more interest rate hikes.

25 Oct
Brazil flag, Brasil, Brazilian
FX round-up: Pound weakens further on political uncertainty, Brazil and Argentine peso weaker

Sterling reeled on Wednesday, amid another wave of buying in the US dollar and talk in markets that the Prime Minister might be about to face a leadership challenge over her Brexit strategy.

24 Oct
le-dialogue-se-crispe-entre-usa-et-canada-sur-l-alena
Loonie jumps after BoC removes reference to 'gradual' rate hikes

Canada's Loonie jumped after the country's central bankers removed a reference to a "gradual" pace of future interest rate hikes from their policy statement following Wednesday's rate meeting.

23 Oct
pound sterling fiver inflation spending
FX round-up: Pound knocked lower by political uncertainty

Sterling retreated at the start of the week, weighed down by the risk of a leadership contest, against the backdrop of a stronger US dollar which was continuing to change hands just below its 52-week highs.

23 Oct
presidente-turquia-recep-tayyip-erdogan
Khashoggi's body parts found after Erdogan claims death was planned murder

Body parts belonging to Saudi journalist Jamal Khashoggi have been found hours after Turkish President Tayyip Erdogan in an address to parliament on Tuesday rejected Saudi claims that his death was a tragic accident and accused Saudi of pre-planning a "ferocious murder".

23 Oct
warship
US Navy sails Taiwan Strait in midst of China tensions

Two US Navy warships sailed through the Strait of Taiwan on Monday in a move intended to signal the right of US ships to travel across international waters.

23 Oct
ep directlinklng
Underlying technical trend in Brent futures continues to point higher

The underlying trend for Brent crude oil futures continues to point higher despite its greater than 8% fall from their October highs, technical analysts said.

22 Oct
chine-commerce
Commodities: WTI futures reverse course to trade higher, lacklustre trading in copper

Commodities traded slightly lower on Monday, with a stronger US dollar appearing to offset news of tax cuts in China.

19 Oct
exxonmobil
Russia courting Exxon with new projects while US sanctions loom

The Russian government and Exxon Mobil have begun discussions over new oil and gas projects according to reports on Friday, potentially complicating future US sanctions against the Kremlin.

18 Oct
dollar-fed-taux-monnaie-crise-monetaire-fmi-billet-drapeau
Russian rouble steady despite hawkish Fed minutes

Russia's rouble was recovering from earlier weakness triggered by what analysts labeled a 'hawkish' set of US central bank meeting minutes.

17 Oct
Wilbur Ross, inversor, experto, guru
US Commerce Secretary says China trade talks are on 'hiatus'

US Secretary of Commerce Wilbur Ross claimed that trade talks with China had been put on pause on Wednesday, but denied that the two parties had reached an impasse.

17 Oct
bbvaturqu a portada
FX round-up: Sterling slips against backdrop of EU summit, Turkish lira extends rally

Sterling was lower on Wednesday as markets waited on possible headlines out of the European Union's leaders summit in Brussels, although in theory little was expected in terms of fresh progress.

16 Oct
la-chine-reduit-a-nouveau-le-taux-des-reserves-obligatoires-des-banques
China September CPI, factory gate prices reflect slower growth

The latest readings on inflation in China at both the consumer and factory gate level were pointing to slower economic growth ahead, economists said.

16 Oct
downing street, politics, parliament, london, pm, prime minister
Cabinet meets ahead of crucial EU summit

The Prime Minister is attempting to quell government in-fighting and rally her colleagues behind her ahead of a crucial European Union summit on Wednesday.

16 Oct
wang-yi-chine-pekin-france-ministre-des-affaires-etrangeres-jean-marc-ayrault-protectionnisme-commerce-reciprocite-investissements-etrangers
Europe open: Stocks edge higher, but analysts cautious

Stocks have started the session higher, helped by a rally in Italian government debt markets, although analysts were still quite cautious.

15 Oct
theresa may pool
Theresa May says Brexit deal still 'achievable', despite delays

Theresa May reassured Parliament that a Brexit deal is still “achievable” despite outstanding differences with the European Union and claims a broad agreement on the structure of the final relationship had already been secured.