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Currencies
29 Aug
ep buquepesca industrial
French fishermen attack British ships in scallop row

French fishermen's have been accused of endangering the lives of British sailors with smoke bombs, rocks and other projectiles in a row over scallops.

29 Aug
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UK launches £92m navigation satellite to rival EU's Galileo

The UK government said on Wednesday it is launching a study to design the new navigation satellite programme that will rival the EU’s Galileo post-Brexit at a cost of around £92m.

29 Aug
ordenador oficina trabajador
Study finds extremely wide gap between CEO-worker pay

Over two thirds of the top 50 federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017, the latest Executive Excess report revealed.

29 Aug
ep michel barnier representantela union europeala negociacionbrexit
FX round-up: Jump in Sterling knocks US dollar off its perch, EM currencies find reprieve

Sterling snapped higher on Wednesday, as traders reacted to headlines that the European Union's chief Brexit negotiator had held out the possibility of a bespoke agreement with the United Kingdom - albeit with conditions.

29 Aug
cash money sterling pound
Sterling shoots higher as Barnier suggests unique Brexit deal

Sterling shot higher on Wednesday afternoon after the EU's chief Brexit negotiator Michel Barnier was reported to have said that he was prepared to give the UK a deal unlike with any other country.

29 Aug
housing house prices
US pending home sales index for July misses forecasts

A widely-followed lead indicator of activity in the US housing market for the month of July undershot economists' forecasts on Wednesday.