24 Sep
FX round-up: Pound bounces, Turkish lira and Russian rouble in focus

The pound bounced back at the start of the week even after - in what observers said was a challenge to the Prime Minister - Tory rebels published their alternative to her Brexit plan and despite a weak reading on a widely-followed survey of factory sector conditions.

24 Sep
SOVA Capital believes Bank of Russia's next move will be a rate cut

Central Bank of Russia's recent decision to hike rates does not foreshadow that more interest rate hikes lay ahead, analysts at Sova Capital said.

24 Sep
Russia hikes rates unexpectedly due to currency weakness, risk of further sanctions

Central Bank of Russia surprised financial markets on Friday, hiking its main interest rate in response to the recent overshoot of its inflation target on the back of weakness in the rouble and food price inflation, although Governor Elvira Nabiullina had reportedly flagged that possibility a week beforehand.

24 Sep
Turkish lira boosted as Pompeo lets slip Brunson could be released soon

The Turkish lira was boosted on Monday (USD/TRY -3. 2% on the day at 6. 09) as the US Secretary of State, Michael Pompeo, let slip that the administration would be holding talks with Turkey regarding the release of Pastor Brunson.

24 Sep
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Volvo halts Iran truck operations over US sanctions

Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.

24 Sep
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ECB expects 'relatively vigorous pick-up' in core CPI, Draghi says

Europe's single currency bounded higher in mid-afternoon trading on Monday, after European Central Bank chief, Mario Draghi, said that the stable outlook for headline consumer prices masked stronger underlying price pressures.

24 Sep
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Oil price rises to four-year high

Brent crude oil gained 2% to $80. 75 on Monday morning, its highest price in four years after Opec's weekend meeting and amid heightened tensions between the US and Iran.

24 Sep
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May faces cabinet pressure amid calls to drop Chequers plan

Theresa May will face pressure on Monday as Brexiters will urge the Prime Minister and her cabinet to ditch the Brexit Chequers plan after her meeting with EU leaders in Salzburg last week.

24 Sep
China refuses trade talks with US as new tariffs kick in

China has refused to continue trade negotiations with the US until President Donald Trump stops threatening further tariffs.

24 Sep
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German business sentiment proves resilient in September - Ifo

Business confidence in Germany deteriorated less than expected in September, according to a survey released by the Ifo Institute on Monday.

21 Sep
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Theresa May says still 'long way apart' from EU on Brexit

UK Prime Minister Theresa May said Brexit negotiations were at an impasse and accused the European Union of not treating the UK with respect, sending the pound tumbling on Friday.

21 Sep
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Eurozone business growth eases in September - IHS Markit

Business growth in the eurozone eased in September as trade war concerns and political uncertainty hit exports, according to preliminary data released on Friday.

21 Sep
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Grayling warns of no-deal Brexit unless EU soften Irish position

Cabinet minister Chris Grayling warned that a no-deal Brexit was on the cards if the European Union did not soften its position regarding the Irish border.

20 Sep
Tusk says Chequers plan won't work as May urges EU leaders to grant concessions

Chief of the European Council Donald Tusk, said on Thursday that Theresa May's proposed new economic partnership with the EU "will not work" as it risks undermining the EU's single market.

20 Sep
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US existing home sales steady in August

Sales of US existing homes were steady in August, according to data from the National Association of Realtors.

20 Sep
Philly Fed factory index jumps back in September

Factory sector activity in the US mid-Atlantic region bounced back sharply in September on the back of a big increase in firms' new orders, according to the results of a widely-followed survey.

19 Sep
UK calls for regulating 'wild west' cryptocurrencies

UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.

19 Sep
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May's dismissal of Barnier border offer sinks pound

Prime Minister Theresa May is preparing to reject an improved European Union offer to solve the issue of the Irish border post Brexit, reports stated on Wednesday, knocking the pound back from its seven week high.

19 Sep
US current account deficit narrows to 2.0% of GDP in Q2

America's current account deficit with the rest of the world narrowed more quickly than expected during the second quarter.

19 Sep
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US housing starts jump in August, but permits decline

Homebuilding in the States picked-up substantially last month, but a key forward-looking indicator fell short of analysts' forecasts.