Market Pulse - Currencies
16 Nov
naytheresacb12
May survives tough day as rebels seek support to knife PM in ballot

UK Prime Minister Theresa May moved on Friday to bolster her precarious position after ministerial resignations over Brexit and the continuing threat of a no confidence vote.

16 Nov
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Commodities: Natural gas bounces, Bitcoin continues to drift lower

Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.

16 Nov
trump-de-la-tele-realite-a-la-realite-diplomatique
'I think we'll have a deal (with China),' Trump says

Wall Street's main market gauges flickered into life on Friday afternoon in New York, reversing early losses and moving into the green, on the heels of upbeat remarks from the US President regarding the chances of his administration being able to strike a trade deal with Beijing.

16 Nov
frankfurt ecb europe germany
ECB's Draghi confident, but argues for patience and persistence

Outgoing European Central Bank President, Mario Draghi, sounded a confident note on the outlook for the euro area economy, describing a recent slowdown as a 'soft patch', but said policymakers needed to be "patient and persistent" in providing monetary stimulus.

15 Nov
pound
S&P reaffirms UK sovereign debt rating at AA, but outlook still negative

Standard&Poor's reiterated its rating on the UK's long-term sovereign debt, despite the risk that the withdrawal agreement that had been reached overnight between Brussels and London might not make it through Parliament, forcing both sides to return to the bargaining table.

15 Nov
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Cryptocurrencies drop 12% to hit a one-year low

Cryptocurrencies were adding to their Wednesday plunge with the best-known of them, Bitcoin, down 12. 61% to $5,428.

14 Nov
china estados unidos eeuu guerra
US should hike foreign investment to curb China influence, says Congress report

A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.

13 Nov
les-cours-du-petrole-remonteront-a-80-dollars-le-baril-d-ici-2020-selon-l-aie
FX round-up: Trade talk, speculation around possible Brexit deal brake US dollar

A more 'constructive' news-flow on the global trade front and news of a breakthrough in talks on the UK's withdrawal between London and Brussels, kept the Greenback from hitting a fresh 52-week high on Tuesday.

13 Nov
oil rig workers drilling offshore
Saudi makes case for 1.0m b/d cut in crude oil output

Riyadh and its allies should cut their combined output of crude oil in order to balance the market, Saudi Arabia believes, but it remains to be seen if other producers will participate in any reductions.

13 Nov
petrole-lukoil-russie-barils-or-noir-siberie-kogalym
Russian GDP slows more-than-expected in Q3, but economists expect pick-up

Economic growth in Russia slowed over the three months to September, although some economists expected the pace of expansion to pick-up over the following year.

13 Nov
larrykudlow6802
US and China speaking 'at all levels' ahead of G20 meet, says Kudlow

President Trump has initiated direct contact with Chinese President Xi Jinping ahead of the leaders’ meeting at the G20 in Argentina at the end of the month, White House economic adviser Larry Kudlow told CNBC on Tuesday.

13 Nov
chinacomercio
Beijing pursues South China Sea agreement to improve trade relations

Chinese Premier Li Keqiang made a commitment on Tuesday to pursue a code of conduct in the territorially disputed South China Sea with its neighbours, after recent tensions with US Navy vessels in the region.

13 Nov
Russia
FX round-up: Sterling and euro battered, rouble gets unexpected boost

Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.

13 Nov
chine-la-guerre-commerciale-une-occasion-d-acheter-ailleurs
US Treasury's Mnuchin and China's Liu He talk by phone

Top US and China officials discussed trade issues last Friday, marking just the second public sign of dialogue on the subject in six months.

12 Nov
Russia
FX round-up: Sterling and euro battered, rouble gets unexpected boost

Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.

12 Nov
michel-barnier-commissaire-europeen
Barnier says main Brexit framework 'largely defined' - FT

The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.

12 Nov
cbtakedashire short
Takeda to seek investor approval for Shire take-over next month; shares spike

Japan’s Takeda Pharmaceutical has announced it expects to complete its $62bn takeover of Shire Pharmaceuticals in early January, sending shares in the FTSE 100 drugs group higher.

09 Nov
chine-la-guerre-commerciale-une-occasion-d-acheter-ailleurs
China factory gate prices slip in October despite weak yuan

Consumer and factory gate prices in the People's Republic of China remained elevated last month, despite the recent weakening in the yuan and import tariffs, a trend that economists expected would continue.

08 Nov
draghi-bce-fait-monter-l-euro-et-les-rendements-obligataires
FX round-up: ECB's Draghi says door always open to change in guidance if needed

Sterling traded on the back foot on Thursday as the US dollar enjoyed a broad rebound following slight selling during the prior session, helped perhaps by slightly dovish headlines from a speech by European Central Bank governor, Mario Draghi.

08 Nov
Russia
CBR head of research says September hike was a 'one-off'

The Russian central bank's September interest rate hike was a 'one-off', one of its top officials reportedly said.