Market Pulse - Currencies
Barnier says main Brexit framework 'largely defined' - FT
The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.
Takeda to seek investor approval for Shire take-over next month; shares spike
Japan’s Takeda Pharmaceutical has announced it expects to complete its $62bn takeover of Shire Pharmaceuticals in early January, sending shares in the FTSE 100 drugs group higher.
China factory gate prices slip in October despite weak yuan
Consumer and factory gate prices in the People's Republic of China remained elevated last month, despite the recent weakening in the yuan and import tariffs, a trend that economists expected would continue.
FX round-up: ECB's Draghi says door always open to change in guidance if needed
Sterling traded on the back foot on Thursday as the US dollar enjoyed a broad rebound following slight selling during the prior session, helped perhaps by slightly dovish headlines from a speech by European Central Bank governor, Mario Draghi.
CBR head of research says September hike was a 'one-off'
The Russian central bank's September interest rate hike was a 'one-off', one of its top officials reportedly said.
Chinese export and import growth holds up better-than-expected in October
Chinese export and import growth held up better than had been expected last month, with the former boosted by companies attempting to front-run US tariffs which were set to come in at the start of 2019.
EU officials hint final stage of Brexit negotiations is close
European Union officials hinted on Wednesday that the UK Prime Minister Theresa May could visit Brussels within days for the final stage of Brexit negotiations and to secure a divorce deal.
UK business confidence at lowest level in ten years - ICAEW
Business confidence has fallen to its lowest level in nearly a decade and is now below its post-referendum and post-election lows, the new Business Confidence Monitor from The Institute of Chartered Accountants in England and Wales revealed on Monday.
JP Morgan remains overweight US stocks, says miners "very attractive"
Strategists at JP Morgan sounded a 'bullish' note on the outlook for equities in the US, as well as for Emerging Markets, while highlighting miners as "very attractive".
Trade talks between Trump and Xi at G20 in Buenos Aires are on
America's President and his Chinese counterpart have confirmed that they will meet on the sidelines of the G20 leaders' meeting in Buenos Aires, Argentina, on 31 November-1 December.