Market Pulse - Currencies
Intuitive Investments to seek initial public offering on AIM
Intuitive Investments Group is pursuing a flotation on the London Stock Exchange's AIM market to raise funds for its international expansion.
Weekly US jobless claims rise unexpectedly in latest week
First time unemployment claims in the US registered a moderate and unexpected rise last week.
US home prices leap past forecasts in September, S&P says
US house prices continued rising at a brisk clip in September, according to the results of a closely-followed survey.
US economic activity hits March 2015 highs, IHS Markit says
The fourth wave of Covid-19 infections in the US failed to dent the economic rebound in the US, the results of two closely-followed surveys revealed.
Bank may soften resistance to restart of UK lenders' dividend payouts
UK regulators may be set to ease their resistance to dividend payments starting from early 2021.
Existing home sales jump past forecasts in October
Sales of second-hand homes in the States jumped past forecasts in October.
Philly Fed factory index holds up better than expected in November
Manufacturing sector activity in the US mid-Atlantic region was holding up better than expected in November, the results of a closely-followed survey revealed.
US industrial production outstrips forecasts despite drag from oil
Industrial production in the US bounded ahead last month, led by gains in factory and utilities output, even as softness in the oil patch dragged on mining.
US retail sales undershoot forecasts in September and October
US retail sales undershot forecasts in September and October as incomes fell, the mercury dropped and the pandemic strengthened.
Tesla set to join S&P 500 in December
Electric carmaker Tesla Inc is set to join the S&P 500 index in December, and will aim to expand its investor base and put the electric automaker in the same company as top tech firms such as Apple, Berkshire Hathaway and Microsoft.
Intermediate Capital Group reports sharp rise in profits, accelerates fundraisings
Intermediate Capital Group posted a sharp rise in first half profits amid strong demand for its funds and a recovery in portfolio valuations across the period.
Europe close: Stocks start week on a strong note, banks in focus
European markets started the week on a bullish note after US biotechnology outfit Moderna delivered another dose of good news, announcing a remarkable 94. 5% efficacy for its Covid-19 vaccine.
Aramco seeks to raise cash via multi-tranche bond deal
Saudi Aramco said on Monday it has hired a group of banks to plan its multi-tranche US dollar-denominated bond deal as it seeks to raise cash.
Brussels set to pass review of merger between Liberty Global and Telefonica to CMA
Brussels will cede authority to the Competitions and Markets Authority to decide whether or not to approve the merger of Liberty Global and Telefonica's business units in the UK.
Hungary and Poland threaten veto against EU budget, Covid-19 funds
The Hungarian and Polish governments have threatened to block the European Union's next long-term budget if its partners make the disbursement of funds conditional on adherence to the 'rule of law'.
Trump to end administration by clamping down on China - reports
Outgoing US president Donald Trump will end his administration with a series of hard-line policies against Beijing, it was reported on Monday.
Pennon mulling bid for Southern Water - Times
Pennon is said to be mulling a potential bid for embattled rival Southern Water.
US consumer confidence slips in November after elections and Covid-19 resurgence
US consumer dipped unexpectedly at the start of November as Americans reacted to the results of the presidential election and the rising number of Covid-19 cases, a closely-followed revealed.
Fed's Bullard says economy 'dramatically' better than expected, but 'substantial' risks remain
A top US central bank official sounded a positive note on the economy's ability to adjust to the pandemic, even as he cautioned of the remaining "substantial" downside risks.
Door Dash files with SEC in record year for US IPOs
America's largest food delivery platform has filed to go public.