Market Pulse - Currencies
FX round-up: Cable casts off UK poll-induced softness to finish higher
Sterling mostly cast off its earlier softness sparked by election poll jitters in the market to chime in Wednesday's close on a positive note not far below resistance at about $1. 29.
HSBC initiates Ferrexpo at a buy
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
FX round-up: Sterling mixed after election interviews
Sterling was mixed across key pairs on Tuesday afternoon, having emerged relatively unscathed after the long weekend's serving of steady general election news.
German consumer prices slow more than expected in May
The cost of living fell back by more than expected in May in the euro area's largest economy, with prices for energy and services retreating by the most.
FX round-up: Sterling takes big slides lower on UK election uncertainty
Sterling took big slides lower on most major crosses Friday as political uncertainty surrounding the upcoming UK general election sparked a wave of selling.
FX round-up: Sterling's flirtations with $1.30 denied by UK growth disappointment
Sterling's flirtations with convincingly crossing the $1. 30 resistance mark were dealt a blow by disappointing UK first-quarter gross domestic product (GDP) growth data out this morning.
FX round-up: Bears see sterling down as market awaits Fed's minutes
Sterling suffered as market bears again sweated the prospects of Brexit, pushing the UK currency lower on most key crosses ahead of the country's Q1 second-estimate GDP data tomorrow.
ECB's Draghi does not see financial stability risks
Low interest rates and other policy measures are not storing up trouble for the future in the single currency bloc, rather the opposite, so no change in policy guidance is required, the European Central Bank's boss said.
Global trade jumps in March thanks to surge in emerging markets
The recent improvement in European business confidence surveys was not just the result of the psychological boost to sentiment from the French elections, UniCredit Research said.
FX round-up: Sterling lower on the crosses as UK data weighs
Sterling ended Tuesday lower on most key pairs in a UK market sombre all day after the deadly Manchester suicide bomb attack last night.
FX round-up: Sterling in 'sea of red' after Tory wobble
Sterling was amid a sea of red as Tory-renewed fears of a hard Brexit came to the fore and the party did a U-turn on its so-called 'dementia tax,' all while Labour accelerated in the election polls.
Deutsche Bank cuts targets on UK aerospace&defence names on pound strength
Analysts at Deutsche Bank trimmed their earnings per share estimates and target prices for UK aerospace and defence names in light of the recent strength in the pound.
Euro too cheap, Germany's Merkel says
Europe's single currency is too cheap, German Chancellor Angela Merkel said, helping to send the greenback to its lowest levels since early October.
FX round-up: Perky pound takes cheeky Friday stroll higher on dollar
Britain's perky pound went for a cheeky Friday stroll over the psychologically important $1. 30 marker thanks to the lingering political storm surround US President Donald Trump.
Trading in Brazilian stocks headed for rocky start, real crushed
Capital markets in Brazil were sent into a tailspin by allegations that president Michel Temer had sanctioned paying bribes to the main architect of ex-president Dilma Rousseff's ouster.
FX round-up: Sterling mostly lower after consensus-beating CPI rise
Sterling ended up mostly lower on key crosses Tuesday, but up on the US dollar, in the aftermath of a higher-than-expected print on UK inflation for April.
Trump criticised after reportedly sharing classified info with Russia
US President Donald Trump reportedly shared classified information about Islamic State with senior Russian officials, though the White House quickly denied the allegations.
FX round-up: Sterling manages minor gains on dollar, constrained by Brexit concerns
Sterling managed minor gains against the US dollar on Monday, these likely constrained longer term by Brexit concerns, but faltered against a basket of commodity currencies.
Chinese industrial output, fixed investment cool in April
Economic activity in Asia's largest economy was weaker-than-expected last month as presaged by recent purchasing managers' indices for factory and services sector activity.
FX round-up: Sterling slips as traders consider US rate hike in June
Sterling had its back to the wall on most key crosses Friday with traders considering the likelihood of a US rate hike in June after this afternoon's bundle of inflation and retail data in that country.