Market Pulse - Currencies
German January CPI drops more than expected
The cost of living in Germany fell much more sharply than expected at the start of 2019.
Ireland ups pressure on May over Brexit backstop
Ireland said the contentious Brexit backstop arrangement would not be renegotiated as British MPs prepared for a crunch vote on the UK's withdrawal agreement tomorrow.
FX round-up: Risk aversion sweeps over market ahead of Brexit votes
A succession of bad news out of China resulted in a wave of risk aversion at the start of the week, as investors waited on the results of a raft of key risk events, including trade talks between Washington and Beijing, a US central bank policy meeting, another key Brexit vote in the UK and key data releases on Friday.
BofA-ML cautions risk appetite may be set to correct
Strategists at Bank of America-Merrill Lynch cautioned clients on Monday that financial markets might be set to "correct".
Shake-up for aluminium giants as US lifts curbs on Putin-ally Deripaska
Commodities trader Glencore has shaken up its holdings in aluminium specialists Rusal and En+ Group after the US partially lifted sanctions on Russian billionaire Oleg Deripaska.
UK business call for politicians to stop arguing and agree to orderly Brexit
British businesses called on Monday for politicians to set aside their differences and finally agree to an orderly Brexit to try and minimise the impact the divorce will have on firms.
Airbus criticises 'disgraceful' Brexit process and threatens to leave UK
Airbus's CEO said the government’s handling of the Brexit process was a “disgrace” and threatened to move wing production from the UK if it resulted in no deal.
IAG to sell Norwegian Air stake
British Airways owner IAG has pulled out of the race to buy budget long-haul carrier Norwegian Air Shuttle.
US still 'miles and miles' from trade deal with China, America's Wilbur Ross says
America's Commerce Secretary said on Thursday that the US and China remained miles away from a reading trade deal, but did not close the door to an extension of the 2 March deadline on US tariffs.
Credit Bank of Moscow breaks into top five for corporate bond sales in Russia
Credit Bank of Moscow's corporate debt syndication team had a very busy 2018, breaking into the top five in a national ranking of lead sales arrangers.
BoJ stays put but revises GDP forecasts higher
The Bank of Japan decided on Wednesday to stay put on monetary policy, even as it lowered its inflation forecasts and pointed to "downside" risks for both the economy and prices.
White House reportedly rejects trade planning meeting with China
Selling on Wall Street picked-up on Tuesday afternoon following a report that the White House had cancelled a meeting between top US and Chinese trade officials.
FX round-up: Pound climbs as MPs push to take 'no deal' Brexit off the table
Sterling is finding a bid in late afternoon trading after a cross-party motion was tabled in parliament in order to head-off the risk of a so-called 'hard Brexit'.
Venezuela claims to have foiled 'extreme right' military coup
An attempted revolt against the Venezuelan government of President Nicolás Maduro by 27 members of the country's National Guard has been quashed, according to the defence ministry.
US to pursue extradition for Huawei executive Meng Wanzhou
The United States is expected to proceed with formal extradition proceedings for Huawei executive Meng Wanzhou, who was recently detained in Canada under accusations of violating US sanctions on Iran.
Chinese President warns of 'serious' threats to Communist Party's long-standing rule
China's President harangued top Communist Party officials on Monday about the challenges facing the country, including the "serious" threats that existed to the party's long-standing rule.
Week ahead: UK Withdrawal, China data in focus
All eyes will shift back towards Westminster this coming week, with the Prime Minister set to present her 'Plan B' for Britain's withdrawal from the European Union on Monday, even as she comes under pressure from many sides to cede on some of her 'red lines'.
BofA-ML forecasts stronger Russian rouble
Analysts at Bank of America-Merrill Lynch forecast a stronger rouble for 2019, pointing to upwards revisions to their projections for the Russia Federation's current account surplus and perhaps also a 'hawkish' central bank.
FX round-up: Traders cautious ahead of PM's announcement, analysts divided
Sterling gave back a portion of its weekly gains as traders played it safe ahead of another potentially critical week in Britain's withdrawal process.
China offers six-year plan to cut trade surplus with US to zero, Bloomberg reports
China has offered to embark on a six-year $1. 0trn buying spree of US goods in a bid to reconfigure the trade relationship between the two economic giants and reduce its trade surplus with America to zero by 2024, Bloomberg reported.