Market Pulse - Currencies
BoE's Haldane warns against 'Chicken Licken' pessimism
The Bank of England’s Andy Haldane has warned against adopting too gloomy a view of the UK’s economic prospects following the Covid-19 pandemic.
Chicago factory PMI posts sharp jump in September
Manufacturing sector activity in the Chicago area rocketed in September, a closely watched survey showed.
US private sector payrolls accelerate a bit in September, ADP says
Hiring in the US grew more quickly than anticipated in September, leading some economists to bump up their forecasts ahead of the monthly non-farm payrolls report that was scheduled for release on the following Friday.
China September PMIs point to upside risks for growth
The Chinese economy may be growing a bit more quickly than expected in the third quarter, a batch of closely-followed surveys for the Asian giant's manufacturing and services sector revealed, although their findings were a bit mixed.
US consumer confidence jumps higher in September
A widely-followed gauge of the state of US consumer spirits surprised sharply to the upside.
Acacia Research buys 11.8% stake in Sensyne Health
US-based Acacia Research has acquired LF Equity Income Fund's 11. 8% stake in AIM-listed artificial intelligence specialist Sensyne Health.
Services drive improvement in euro area economic sentiment in September
Economic sentiment within the single currency bloc picked up last month, with confidence improving across all sectors of the economy, especially in services.
CBI urge UK government to avoid no-deal Brexit
The Confederation of British Industry urged the UK government to try to reach an agreement with the European Union on trade post-Brexit to avoid further economic challenges.
Kazakh lender Kaspi.kz dusts off plans for London IPO
Kaspi. kz is planning to float in the UK more than a decade after the Great Financial Crisis scuppered its previous attempt to list on the London Stock Exchange.
Apollo and Ceasars Entertainment table rival cash bids for William Hill
US private equity outfit Apollo Global Management and Caesars Entertainment have tabled rival cash takeover offers for bookmaker William Hill.
US durable goods orders fall slightly short of forecasts in August
Durable goods orders in the US came in slightly below forecasts last month, even as those for core capital goods strengthened.
Canaccord Genuity hikes target price for Ferguson, buoyant US housing key
Analysts at Canaccord Genuity hiked their target price for Ferguson, even while conceding that the macroeconomic outlook for 2021 remained "uncertain".
Government to top up wages of 'viable' jobs when furlough scheme ends
The government will look to stave off a potential wave of redundancies this autumn by topping up the wages of "viable jobs" when the furlough scheme comes to the end, Chancellor Rishi Sunak announced on Thursday.
US factory and services activity finishes Q3 on strong note, IHS Markit says
US economic output put paid to the third quarter with a solid pace of expansion in September, the results of a closely-watched survey revealed.
Half a billion jobs were lost around the world to Covid-19 in Q2
The novel coronavirus will exact a much higher toll on job markets around the world than previously feared, according to the global watchdog for labour.
US existing home sales continue growing in August
Second-hand home sales continued growing at a brisk pace last month, the latest available industry data showed.
Bank of England governor warns 'hard yards are ahead'
Bank of England governor Andrew Bailey has warned that the "hard yards" are ahead after the number of Covid-19 cases jumped and further lockdown restrictions appeared imminent.
Covid-19 impact could limit cash access - FCA boss
The City regulator has warned many people could struggle to get access to cash after Covid-19 intensified pressures on banks' branches and ATM networks.
Libyan oil exports may be set to restart as warring factions agree deal
Libyan oil production and exports from the east of the country are set to restart following a conditional lifting of the blockade imposed by the Libyan National Army under the command of Khalifa Haftar.
US consumer confidence recovers in September as Democrats grow more optimistic
US consumer confidence overall rose back to its highs from April, having moved roughly sideways since then, the results of a closely-followed survey revealed.