Market Pulse - Currencies
FX round-up: Sterling mixed as UK begins negotiations for so-called Brexit 'wonderland'
Sterling was mixed on major crosses as the UK at last disappeared down the burrow of Brexit negotiations in hopes it will emerge in a non-EU wonderland further down the track.
Japanese seasonally adjusted trade surplus slips in May
Japanese exports and imports failed to rebound in May, suggesting that foreign demand acted as a drag on the broader economy during the second quarter, but some economists were nevertheless optimistic.
FX round-up: Sterling drifts through Friday, uncertain of the path forward
Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.
FX round-up: More hawkish BoE sees sterling shoved higher
Sterling got a firm shove higher thanks to a more-hawkish-than expected leaning by Bank of England's policy makers in holding the benchmark rate and QE unchanged.
Reliance Industries, BP progress on developing gas fields offshore India
BP and Reliance Industries announced they were taking the next step to develop the massive natural gas fields offshore eastern India.
FX round-up: Sterling gains on limp dollar ahead of expected Fed rate hike
Sterling managed gains against a limp US dollar but was otherwise lower on key crosses, with global markets now on 'Fed Watch' ahead of the US interest-rate call tonight.
FX round-up: Sterling gets a CPI boost as dollar steady ahead of Fed rate call
Sterling put in a plucky performance on major crosses Tuesday as a surprise rise in UK consumer inflation gave the British unit a boot higher.
FX round-up: Sterling thrashed on political worries, ahead of Brexit talks
Sterling was soundly thrashed on Monday as faithless traders sold the British unit on political worries and ahead of Brexit talks beginning next week and central-bank rate calls by the US and UK on Wednesday and Thursday.
Pound sinks amid political jitters, Moody's election warning
Sterling slipped back below $1. 27 on Monday amid UK political instability as Theresa May met with Conservative party MPs to argue for her future as the Prime Minister, while doubts were cast over the country's credit rating.
FX round-up: Sterling a ballot-box victim for second time in 12 months
The polls suggested a hung parliament was a real possibility and PM Theresa May's snap election made it a reality. The ballot box victim -- for a second time in a little less than 12 months -- was sterling, as widely expected.
China CPI gains in May but underlying pressures limited
Consumer price gains in China accelerated during the month of May but economists warned that the underlying pressures were pointing in the opposite direction.
FX round-up: Sterling endures mixed election day amid market caution
Sterling had something of a mixed 'blockbuster' Thursday as the UK public turned out to vote in PM Theresa May's snap general election, which has seen caution blanket the market.
FX round-up: Sterling up as markets await outcome of UK election
Sterling checked out of Wednesday on an overall positive note, but its performance over the rest of the week remains inherently linked to the outcome of the UK general election.
ECB set to lower euro area inflation forecasts, report says
The single currency weakened after Bloomberg reported that the European Central Bank might be set to lower its short and medium-term forecasts for inflation in the Eurozone.
FX round-up: Sterling falls as investors head for safety ahead of UK election
Sterling had a tough time on most major crosses ahead of the UK general election on 'blockbuster' Thursday, with investors already heading for safe-haven assets, although it did gain markedly on South Africa's rand.
FX round-up: Sterling rises as election nears, poll noise ratchets up
Sterling was overall stronger on Monday as the UK general election nears and poll noise ratchets up on what the possible outcome of the ballot on Thursday might be.
FX round-up: Cable up an ace despite sterling's wider list lower
Sterling gained a ace on an out-of-form greenback but otherwise was listing lower on political jitters surrounding the upcoming UK general election.
FX round-up: Sterling plugs away to mixed Thursday as traders eye polls
Sterling plugged away to a mixed Thursday performance as traders uneasy about the upcoming UK general election and Brexit looked to polls for trading direction.