MARKET PULSE - CURRENCIES
Sterling continued to move higher at the start of the week after French Prime Minister Emmanuele Macron appeared to hold the door open to a bespoke trading arrangement for the UK after Brexit.
In an interview on BBC One's The Andrew Marr Show, French president Emmanuel Macron said that, if given a similar "yes or no" opportunity, France would likely vote to leave the European Union.
Delegates from Germany's Socialist SPD party voted on Sunday to pursue formal coalition talks with the centre-right CDU/CSU parties led by Chancellor Angela Merkel.
Shares in Evraz jumped after the steelmaker reported that consolidated crude steel output was at 3. 5m tonnes during the final three months of 2017, unchanged from the prior quarter.
Some of the most experienced Bitcoin investors are defying regulator's threats to ban trading in the cryptocurrency and say the restrictions can be circumvented easily, while the prices began to rebound after the huge recent crash.
Malaysia's sovereign wealth fund Permodalan Nasional Berhad (PNB) has agreed to buy a stake in London's Battersea Power Station building as costs continued to rise for the project development.
China's economy grew more quickly than expected in 2017, according to both official and private sector estimates, but some economists believed the official figures belied the extent of the slowdown in the fourth quarter.
Bitcoin, Ethereum and other cryptocurrencies have plunged to four-week lows due to a loss of confidence sparked by regulatory proposals in South Korea and the unknown result of the expiry of initial futures contracts.
The leader of Brazil's Workers’ Party argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability.
Equities in the Asia Pacific region raced ahead on Wednesday, led by gains in Hong Kong's benchmark Hang Seng index, which topped its pre-crisis highs.
German lawmakers' attempts to forge a grand coalition were a dealt a blow overnight after the Berlin chapter of the country's Socialist party, the SPD, voted against entering another power-sharing with German Chancellor Angela Merkel's centre-right CDU/CSU.
The US dollar spot index continued to give back ground at the start of the week amid what analysts at UniCredit Research described as a "symphony of factors" conspiring to the advantage of the single currency.
The single currency area's foreign trade surplus with the rest of the world rose again in November, led by an improvement in Germany.
Sterling shot higher at the end of the week, with traders referencing a report that the Spanish and Dutch finance ministers were hoping to promote a soft Brexit as the main trigger behind the move.
The euro rose to a three-year high against the dollar on Friday as investors welcomed a breakthrough in German coalition talks.
Sterling rose to its best level since the Brexit vote on Friday on news that Spain and Holland's finance ministers have reached an agreement that would see the two work together to lock down a Brexit deal that would keep the UK as close to the EU as possible.
Blockchain company Ripple announced on Thursday that it had finalised an agreement with Texan funds transfer giant MoneyGram that would see Ripple's digital currency XRP, which had soared in value since the beginning of December despite questions regarding its practical uses, be used to provide liquidity to financial institutions.
Bitcoin's value dived 13. 5% on Thursday after South Korean officials revealed the nation was planning to ban trading of the cryptocurrency.
Longer-term US Treasury yields jumped to near their 2017-highs following a report that Beijing might be looking to slow or stop its purchases of American government debt.