Market Pulse - Currencies
DJ Khaled and 'Money' Mayweather fined for failure to disclose payments from ICO
US boxer Floyd 'Money' Mayweather and media mogul DJ Khaled have been fined a total of $767,500 by the Securities and Exchange Commission for failing to disclose payments from three separate initial coin offerings.
Trump cancels Putin meeting as Merkel condemns Kremlin
President Trump has cancelled his G20 meeting with Russian President Vladimir Putin, citing the recent confrontation between Russian and Ukrainian vessels in the Sea of Azov. in Argentina with President Vladimir Putin. I look forward to a meaningful Summit again as soon as this situation is resolved! — Donald J. Trump (@realDonaldTrump) November 29, 2018.
UK consumer sentiment at its weakest level since December 2017 - survey
The UK’s under-pressure high street was dealt a fresh blow on Thursday, after research showed consumer confidence had fallen to its lowest level for nearly a year.
Prime Minister refuses to be drawn on prospects for no-deal Brexit
The Prime Minister has refused to speculate on what will happen if the draft Withdrawal Agreement fails to secure Parliament’s backing - but conceded a "decision would have to be taken".
Interest rates in the US are 'just below' neutral, Fed's Powell says
Interest rates in the US are "just below" neutral, the President of the US Federal Reserve said.
Putin calls on US to abandon 'unilateral sanctions', says $60 oil 'acceptable'
Russian President Vladimir Putin called on the US to abandon its policy of unilateral sanctions and to instead seek common ground.
Pound could revisit year-highs when Brexit fog clears, say analysts
The pound could regain momentum and climb back above $1. 40 once there is more clarity on Brexit, believes NatWest Markets.
US trade deficit on goods rises slightly more than expected in October
America's shortfall on trade in goods with the rest of the world widened last month as export growth slipped.
Bonds: Fed's Clarida fails to move markets
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
No country can win a trade war - China vice premier
China’s vice premier has told an economic conference in Germany that no country can emerge victorious from a trade war.
Italy to consider lowering deficit in move to end EU row
Italy had said it could consider reviewing its spending plans for next year in an attempt to end a row with the EU over its budget.
Bitcoin accumulates 72% loss in 2018 as it falls below $4,000
Bitcoin fell below $3,700 on Monday as the cryptocurrency sell-off sparked by investor concerns over increased regulatory scrutiny extended, bringing the year-to-date slide in its value to 72%.
ECB 's Draghi expects only slight slowdown in euro area growth
European Central Bank chief Mario Draghi believes that the headwinds buffeting the single currency bloc are only partly transitory, although he expects the Eurozone economy to continue growing at a steady clip.
Significant monetary policy stimulus still needed, ECB's Praet says
The European Central Bank's chief economist continued to sound an upbeat note on the outlook for economy activity and inflation in the single currency bloc.
Ukraine imposes martial law after Russian seizure of naval vessels
Ukraine imposed martial law on Monday after the Russian seizure of three of its naval vessels sparked street protests on Sunday night, according to the nation’s presidential website.
US President and Chinese offcials sound positive note ahead of G-20
The US President and two top Chinese officials made positive sounding remarks regarding the prospects for reaching a deal on trade at the upcoming G-20 meeting in Buenos Aires, Argentina.
China balks at US accusation of 'unfair' trade practices
Beijing has rejected fresh accusations of “unfair” trade practices from Washington just days before Presidents Trump and Xi are set to meet to discuss their ongoing trade disputes.
Brussels rejects Italy's budget; sanctions now possible
The European Commission has rejected Italy’s big-spending budget, escalating the row between Brussels and Rome.
Sharp drop in US durable goods orders for October
Orders for goods made to last more than three years plumeted in October amid sharp drops in those for both civilian and military aircraft, although the underlying data was stronger.
FX round-up: Dollar jumps on growth divergence, rouble softens on oil price slump
The US dollar shot higher against the Euro and Sterling on Tuesday amid ongoing political uncertainty in Italy and around Brexit together with mixed news on the US-China trade talk front.