Market Pulse - Currencies
US President chastises 'boneheads' at the Federal Reserve
The US President reiterated its criticism of the country's central bank in the middle of the week, arguing that short-term interest rates should be cut into negative territory.
UK parliament suspension unlawful - Scottish court
The UK parliament was unlawfully suspended by Prime Minister Boris Johnson, Scotland’s highest civil court ruled on Wednesday.
Huawei drops lawsuit against US after Washington returns seized equipment
Chinese telecommunications equipment company Huawei dropped one of its lawsuits against the US government after Washington returned equipment that had been seized.
Number of 'quits' in US hits new high in July, JOLTS survey shows
US job market conditions continued to be tight in July, according to the results of a closely-followed survey.
Week ahead: Parliament and US-China trade in focus
Brexit will be front and centre on investors' minds over the coming week, with Parliament set to vote on the Prime Minister's expected proposal to call snap elections on Monday, although MPs are expected to cast their ballots against him.
White House's Kudlow sees scope for 'something positive' coming out of US-China talks
National economic council director, Larry Kudlow, confirmed that top US and Chinese trade officials would meet in early October and said he saw the potential for "something positive" to come out of thirteenth round of negotiations.
Deutsche Bank cutting jobs in fixed-income unit
Deutsche Bank AG is cutting dozens of traders and salespeople in its global fixed-income ranks as part of the firm’s overhaul.
China's central bank cuts lenders' reserve ratios again
China's central bank on Friday announced a reduction in the reserves that banks are required to keep on deposit in a fresh move to stimulate the nation's economy.
FX round-up: Sterling extends recent bounce as PM's Brexit dash dealt another blow
The pound extended its string of positive sessions to three on Thursday after the House of Commons voted to force the Prime Minister, Boris Johnson, to seek a three-month extension to the 31 October Brexit deadline and refused a call to hold fresh elections.
US-China trade contacts set to resume amid global growth concerns
Top trade officials from the US and China will hold face-to-face talks in coming weeks despite skepticism that any substantial progress will be made, although there appeared to be increased attention around the side-effects of the trade war on third nations.
US private sector adds more jobs than expected in August - ADP
Private sector employment in the US rose more than expected in August, according to figures released on Friday by ADP.
Weekly US unemployment claims edge up by 1,000
Initial US jobless claims were little changed over the latest reference week, pointing to still tight conditions in the jobs market.
Ofgem fines Engie Global Markets £2.1m over gas price manipulation
UK Gas and Electricity regulator Ofgem has fined Engie Global Markets £2. 1m followinig accusations that it engaged in “spoofing” to manipulate gas prices in 2016.
Victorian work practices return to UK as 3.7m Britons in insecure work
Victorian age inequality is making a comeback to the UK as average wages remain low and 3. 7m Britons are stuck in some form of insecure work.
EU's Malmstrom says US car tariffs unjustified
European Trade Commissioner Cecilia Malmstrom said cars made in the EU don’t pose a threat to US national security and shouldn’t be the target of American tariffs.
Bank of England scales back estimates for disorderly Brexit
The Bank of England has dialled back on its estimates for the worst case scenario for Brexit on the back of the preparations made by businesses since the end of 2018.
China planning to cut lenders' reserve requirements again
Chinese authorities were preparing to boost their monetary policy stimulus by easing lenders' reserve requirement ratios.
Hong Kong leader set to withdraw China extradition bill
Hong Kong Leader Carrie Lam announced on Wednesday that she was withdrawing an extradition bill granting Beijing the power take people away into what some critics said was China's opaque legal system.
Amazon pays £220.0m in UK tax in 2018 despite whopping £11.0bn in sales
Amazon was accused of not paying enough UK tax after coughing up just £220. 0m in 2018 despite having reported revenues of £10. 9bn.
Trump says US doing well in trade negotiations, BofA-ML sees 'more pain'
America is doing well in its negotiations with the People's Republic of China and has nothing to gain by waiting until the next elections, the US President said on Tuesday.