Market Pulse - Currencies
US trade deficit increases by slightly less than forecast in April
America's trade shortfall with the rest of the world widened by a tad less than economists had been anticipating in April.
'National interest trumps the party interest,' Chancellor says
The Chancellor warned the candidates to replace Prime Minister Theresa May as leader of the Conservative party against a no-deal Brexit and irresponsible spending.
Spanish CPI undershoots forecasts in May
Spanish inflation slowed sharply last month on the back of smaller gains in electricity and gasoline prices.
Bonds: US yield curve inverts further, analysts question BoE forecasts for hike
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Sector movers: Oil equipment stocks pace losses as markets reset
Oil equipment stocks were unwanted, as a spate of reports in China's state-controlled press said the country's government might restrict the supply of rare earths to foreign users.
Trump wants deal with UK post-Brexit
US President Donald Trump wants to strike a trade deal with the UK post-Brexit his ambassador to London, Woody Johnson said on Wednesday.
ECB's Rehn sounds unusually 'dovish' note
A top European Central Bank official, whose views typically lean towards the more 'hawkish' side of the policy spectrum, sounded an unusually 'dovish' note.
US refrains from labeling China a currency manipulator
The US Treasury Department passed on the chance of labeling China a currency manipulator on Tuesday.
Morgan Stanley sees further upside for Airbus ahead of likely XLR 321 launch
Analysts at Morgan Stanley revised their target price for shares of Airbus higher ahead of a likely spate of important milestones for the aerospace engineer over the next 12 months, including the possible launch of its single-aisle A321 XLR.
London close: Stocks slip on trade worries
London stocks had pared gains by midday on Tuesday as their European counterparts retreated, but miners were strong and Galliford Try gained ground after rejecting a bid from Bovis Homes.
FX round-up: US dollar gains on US-China trade rhetoric, pound 'shorts' pile up
The pound traded on a mixed note on Tuesday, as traders digested the results of the elections to the European Parliament at the weekend and continued hawkish rhetoric on trade out of the US and China.
Europe close: Stocks slip amid trade worries, Greek shares outperform
Shares on the Continent slipped as investors reacted to reports that Brussels might be set to slap a fine on Rome over its public finances and amid ongoing hawkish rhetoric from China and the US in their ongoing trade war.
Alibaba plans to raise $20bn through Hong Kong listing
Alibaba is considering raising as much as $20bn through a second listing on the Hong Kong Stock Exchange after its 2014 record-breaking stock market debut in New York that saw it raise $25bn.
Euro area economic sentiment perks up in May
Economic sentiment within the single currency block bounced back in May as both consumers and manufacturing firms grew more confident.
BoE watches UK mortgage war 'like a hawk'
The Bank of England is watching the battle between UK mortgage lenders like a hawk, its chief supervisor said as he also warned about the growth of leveraged loans.
BofA-ML sees further upside for risk assets, no escalation in trade war
Strategists see further upside for risk assets over the summer, but in their opinion the dominant underlying cross currents are deflation and "maximum liquidity".
Trump willing to include Huawei in trade deal with China
Donald Trump said on Thursday that he would be willing to include “dangerous” telecommunications company Huawei in the trade deal that he is hoping to negotiate with China.
Facebook plans to launch bitcoin rival in 2020
Facebook is set to launch a new cryptocurrency in 2020 to rival bitcoin and accelerate the diversification of its revenue away from advertising.
Tearful May says she will quit on June 7
A tearful Theresa May finally fell on her sword on Friday as she said she would quit office on June 7, having failed to secure agreement on her Brexit withdrawal deal.
UK voters head to the ballot box for the EU elections
UK voters are heading to the polls for the European Parliament elections and will give their verdict on the main parties' handling of Brexit with Conservative MEPs warn of a massive defeat.