Market Pulse - Currencies
Commodities: Prices little changed despite reports of 'progress' in US-China trade talks
Commodity prices were broadly flat as investors waited on the release of the key monthly non-farm payrolls report due out in the States on the following day and amid reports that trade talks between Washington and Beijing appeared to be in their final stages.
FX round-up: Traders still wary of accidental 'no deal' Brexit, rupee drops
Sterling got whacked on Thursday after financial markets got wind of attempts by pro-Brexiters in the House of Lords to try and scupper the bill approved by MPs the day before requiring the Prime Minister to consult Parliament on the length of the extension to Article 50 that she would seek from Brussels.
Intermediate Capital Group set to purchase Doc Generici
Intermediate Capital Group may announce the purchase of Doc Generici from GVC Capital Partners as soon as today.
Weekly US crude oil inventories jump by 7.2m b/d, DoE says
US crude oil inventories jumped sharply last week, amid a rise in net imports, but some analysts believed the build-up would be short lived.
Russian conflict playing central role in Ukrainian elections
As Ukraine approaches its decisive run-off elections later this month, the nation's conflict with Russian-backed separatists is weighing heavily on the race.
China and US nearing trade agreement - report
Negotiations for a trade deal between the US and China are drawing close to a resolution as most outstanding issues have now been agreed upon, according to a report on Wednesday.
Corbyn joint favourite to become next PM, say Ladbrokes
The odds of Jeremy Corbyn becoming the next Prime Minister have been cut by Ladbrokes, making the Labour leader joint favourite to succeed Theresa May alongside Boris Johnson at 5/1.
RBA stays put on rates but says downside risks have increased
Rate-setters Down Under stayed put on interest rates on Tuesday, as expected, but markets appeared to interpret the policy statement from Reserve Bank of Australia' Governor, Philip Lowe, dovishly.
Provident Financial CFO to take three-month leave of absence
Provident Financial's finance chief is set to take three months' leave of absence to undergo surgery.
FX round-up All eyes on Parliament as pound bounces back, Turkish lira finds a bid
Sterling jumped back at the start of the week, even as investors waited on the results of Monday night's indicative votes in the House of Commons.
Erdogan receives election blow as AKP lose control of capital
Turkish President Recep Tayyip Erdogan's AKP party has lost control of Ankara for the first time in 16 years after local elections on Sunday.
DSV to buy Panalpina in £3.5bn pan-European deal
Panalpina and DSV have agreed a multi-billion pound tie-up which will create the one of the world’s biggest freight specialists, ending weeks of takeover speculation between the two logistics firms.
Downside surprise in euro area March CPI
Euro area consumer prices surprised to the downside last month amid broad-based declines, although some economists were expecting inflation to bounce back during the following month.
German manufacturing slips deeper into recession, PMI at 80-month low
Germany’s manufacturing industry slipped deeper into recession in the first quarter of 2018 as worries about Brexit, trade tensions and the weakening global economy hit sales.
China Caixin factory PMI surprises to the upside in March, economists cautious
Chinese manufacturing activity bounced back last month, according to one of the most closely-followed surveys of activity in the sector, but economists appeared to be wary of sounding the 'all clear'.