Currencies
Dow Industrials plunges, volatility soars
The Dow Jones Industrials plunged by almost 1,500 basis points towards the close of the session on Monday, alongside a surge in volatility as investors rushed to take out protection against further drops in stocks.
FX round-up: Pound slips on weak services data and as Downing St. rules out customs union
Sterling gave back yet more of its recent gains against the greenback at the start of the week, as a key gauge of service sector activity in Britain printed below forecasts, lagging behind the improvement seen in comparable gauges for the US and euro area.
Bitcoin 'to fall to $5k' as banks ban card payments, China issues ban
Britain’s biggest bank has banned its customers from investing in cryptocurrencies with its credit cards, following moves from US banks last week, while China is planning to step up its regulation of the area.
Jerome Powell takes oath as sixteenth president of the Fed
Jerome Powell has taken office as the sixteenth president of the US Federal Reserve on Monday and takes over from Janet Yellen.
US services sector grows more than expected in January - ISM
Activity in the US services sector grew more than expected in January, according to figures released on Monday.
US Markit services PMI falls to 53.3 in January from 53.7
Growth in the US services sector slowed a little in January, according to final data released on Monday.
Eurozone retail sales mixed at end of 2017
Eurozone retail volumes fell month-on-month at the end of last year, but rose as expected on a year-on-year basis.
Eurozone services sector surges as Germany, Italy and Spain impress
The eurozone services sector grew faster than expected last month as German firms performed more strongly than initially estimated, a survey showed on Monday.