Market Pulse - Currencies
US monetary policy needs to be especially data-dependent now, Fed's Clarida says
The US central bank's second-highest ranking official reiterated the case for patience in judging the Federal Reserve's next moves on interest rates, while highlighting that inflation expectations were near the lower bound of the range which he believed was consistent with policymakers' mandate to pursue stable prices.
Trump-Kim talks break down over sanctions row
Th Vietnam summit between US President Donald Trump and the North Korean leader Kim Jong-un broke down on Thursday after the latter requested that all sanctions against it be lifted, according to Trump.
Consumer confidence improves despite Brexit fears - GfK
Consumer confidence remained ‘stoic’ in February, despite ongoing concerns about the impact of Brexit, research published Thursday found.
China factory PMI slows further in February, most details weak
A widely-followed survey of factory sector conditions in the world's third-largest economy softened further last month.
US wants "significant structural change" in trade relationship with China, Lighthizer says
The US administration seeks "significant structural changes" in its trade relationship with China, America's trade czar told Congress.
UK strikes deal to retain WTO procurement membership after Brexit
Britain has secured a deal to remain within the World Trade Organisation’s Government Procurement Agreement (GPA) after the nation leaves the European Union.
US trade deficit on goods jumps in December
America's shortfall in trade on goods with the rest of the world jumped at the end of 2018.
Cyclicals to stay in the lead, but mind the Greenback, JP Morgan says
Strategists at JP Morgan made the case for being positioned in Cyclicals, contrary to what 'bears' were recommending given the late stage of the economic cycle, arguing that the Federal Reserve, the US central bank, was set to 'fall behind the curve'.
ECB 'hawk' Nowotny says decision on TLTROs may not come until 'summer'
Another top policymaker at the European Central Bank echoed his counterparts across the Atlantic on Friday, calling for more time, "until around summer", in order to better assess the magnitude of the risks - or not - to economic growth.
Maduro challenges Guaido to new elections and calls him 'Mr. Clown'
Venezuelan President Nicolas Maduro challenged opposition leader Juan Guaido to general elections on Tuesday.
May, Juncker set for more Brexit talks in Brussels
UK Prime Minister Theresa May was set to hold more Brexit talks with European Commission President Jean-Claude Juncker on Wednesday, as UK Foreign Secretary Jeremy Hunt said an agreement on the Irish backstop would help Britain meet its March 29 departure date.
FX round-up: Pound gains amid reports 'Malthouse Compromise' might be dead
Sterling jumped on Tuesday, amid conflicting reports regarding the death of the so-called 'Malthouse Compromise' which called for the Irish backstop to be renegotiated or, failing that, for an orderly 'no deal' withdrawal.
Commodities: Copper clambers back atop 200-day moving average
Commodities moved higher as investors in the States returned from the long weekend and US-China trade talks got under way again in Washington D. C.
Bernie Sanders to run for president in 2020
Bernie Sanders announced on Tuesday that he will run again for the Democratic nomination in the 2020 US Presidential elections.
Europe midday: Stocks drop as investors assess damage from global slowdown
Stocks across the Continent are slipping lower as investors try to gauge the likely extent of the ongoing economic slowdown and wait for fresh headlines out of the trade talks between the US and China, which were set to resume later in the day, in Washington DC.
Experts do not see a rapid recovery in German growth, ZEW says
Analysts were slightly less downbeat in February on the prospects for the Eurozone's largest economy, even as their assessment of the current situation soured further.
Yen dips on 'dovish' comments from BoJ chief
The Bank of Japan may be forced to consider easing monetary policy further if a stronger yen impacts on the outlook for inflation and the economy, the governor of its central bank said.
ECB stands ready to act if economy slows more sharply, Praet says
A top European Central Bank official signaled overnight that further easing was clearly possible should the euro area economy slow more sharply.
Seven Labour MPs split from party over Brexit, antisemitism
Seven Labour MPs resigned from the party on Monday in protest over its Brexit policy and the failure to deal with antisemitism among members.
First EU elections poll shows surge for far-right, but center-right still dominant
Centre-right parties are expected to again come out in front from the European Union parliamentary elections due to be held between 23-26 May, but the Continent's far-right parties will make fresh inroads, according to the results of a survey.