Currencies
16 May
Pound dips as Theresa May promises to provide timeline for stepping down
Sterling is coming under renewed selling pressure after the Prime Minister took a major step on Thursday towards standing down.
16 May
Trump declares national emergency and bans Chinese telecoms
Donald Trump declared a national emergency on Wednesday, banning Chinese telecommunications companies such as Huawei and ZTE from selling their equipment in the US as he claims they pose “unacceptable risks”.
16 May
Weekly US jobless claims surprise to the downside
Perhaps the most closely-followed lead indicator of joblessness in the US surprised to the downside on Thursday.
16 May
European Commission fines five banks €1bn for market rigging
Five major banks have been fined a total of €1. 07bn by the European Commission on Thursday due to foreign exchange market-rigging that took place from 2007 to 2013.