Market Pulse - Currencies
Bank of England stands ready to act to protect financial stability, No.10 says
Policymakers at the Bank of England in the UK have told the Prime Minister that they stand ready to act.
Week Ahead: ECB meeting, China CPI in focus
The European Central Bank's Governing Council will be in focus over the coming week, with markets anticipating that the coronavirus outbreak will force its hand when it meets on Thursday.
US non-farm payrolls jump past forecasts in February
US non-farm payrolls in February blew the doors off analysts' estimates.
Brent oil futures slide on reports Russia will not agree to extra cuts
Russia is willing to extend the existing oil output curbs agreed with other OPEC+ countries until June, but for the moment refuses to participate in extra reductions.
US jobless claims drift lower
The number of people claiming unemployment insurance in States remained little changed during the previous week.
Thursday preview: Coronavirus response, Aviva in focus
The focus on Thursday will be on governments' responses to the coronavirus outbreak, with the US Congress having announced an emergency spending bill worth $8bn for coronavirus prevention and authorities in both the UK and euro area both hinting heavily at measures to reduce corporate credit risk.
ICO fines Cathay Pacific £500,000 over customer data exposure
The Information Commissioner’s Office fined airline Cathay Pacific Airways £500,000 for failing to protect customers' personal data.
Italian government closes down schools and universities until mid-March
Italy's government decided to close all of the country’s schools and universities from 5 March until mid-month due to the coronavirus, state-owned ANSA reported.
New orders in US non-manufacturing jump in February, ISM says
A key gauge of activity in America's services sector snapped higher last month, led by rapid climb in new orders and backlogs.
Nitrogen dioxide levels creep up in China as factories restart - report
Rising pollution levels appear to show a small industrial pick-up in China, according to analysis of Nasa satellite imagery.
US private sector hiring slows a tad in February, ADP says
Private sector payroll growth in the States slowed last month, the results of a closely-followed survey revealed.
Car sales plunge in China as virus empties showrooms
Car sales in China – the world’s biggest auto market – tumbled 80% last month, as moves to contain the coronavirus outbreak emptied showrooms and wiped out sales.
US pre-open: Futures point to gains with Biden projected to pick up Super Tuesday win
US futures had stocks opening sharply higher on Wednesday as early results from Super Tuesday voting had former Vice President Joe Biden picking up some key wins and cementing his place as one of the top candidates in the Democratic pool.
China's services sector gauge plunges to record low
Activity in China’s services sector crashed in February, resulting in its worst month on record, as the coronavirus outbreak saw business grind to a halt.
G7 commits to using 'all appropriate tools' to protect their economies
Finance ministers and central bankers from many of the world's most advanced economies committed themselves to using "all appropriate policy tools" to guard against downside risks to the economy.
Policymakers will act 'as appropriate' to support economy, Fed's Powell says
The head of America's central bank appeared to open the door to the possibility of further easing monetary policy.
Sunday share tips: Golden Prospect Precious Metals, IntegraFin
In an increasingly uncertain world where recession fears are growing, trade tensions persist and economic growth in developed countries remains low, picking up some assets linked to gold makes sense, said the Mail on Sunday's Midas column.