FCA launches consultation on crypto-asset regulation

The UK’s financial watchdog is launching a consultation on crypto-assets such as bitcoin and other digital tokens to determine which activities it regulates.

22 Jan
FX round-up: Pound climbs as MPs push to take 'no deal' Brexit off the table

Sterling is finding a bid in late afternoon trading after a cross-party motion was tabled in parliament in order to head-off the risk of a so-called 'hard Brexit'.

22 Jan
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Venezuela claims to have foiled 'extreme right' military coup

An attempted revolt against the Venezuelan government of President Nicolás Maduro by 27 members of the country's National Guard has been quashed, according to the defence ministry.

22 Jan
UK could lose billions unless no-deal Brexit option removed, businesses warn

British business have called on politicians to take a hard Brexit off the table, warning that every region of the UK will suffer if the country quits the European Union without securing a deal first.

22 Jan
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Chinese President warns of 'serious' threats to Communist Party's long-standing rule

China's President harangued top Communist Party officials on Monday about the challenges facing the country, including the "serious" threats that existed to the party's long-standing rule.

21 Jan
FX round-up: Sterling ekes out small gain as PM sets out 'Plan B'

Sterling managed to eke out a small gain at the start of the week, even as the Prime Minister set out her 'Plan B' to Parliament, although the market reaction was very limited, partly due to light trading volumes, given the absence of US traders from their desks on Martin Luther King Jr. Day.

21 Jan
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BofA-ML forecasts stronger Russian rouble

Analysts at Bank of America-Merrill Lynch forecast a stronger rouble for 2019, pointing to upwards revisions to their projections for the Russia Federation's current account surplus and perhaps also a 'hawkish' central bank.

19 Jan
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FX round-up: Traders cautious ahead of PM's announcement, analysts divided

Sterling gave back a portion of its weekly gains as traders played it safe ahead of another potentially critical week in Britain's withdrawal process.

16 Jan
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Pound offers 'sizeable' potential from softer Brexit

The pound's reaction to Theresa May huge defeat in the meaningful vote on her Brexit deal was muted on Wednesday, with investors and analysts trying to decipher the political runes for the best way to make a buck.

15 Jan
Brexit: So now what? Analysts weigh-in

Danske Bank: "The first thing to look out for is the Labour's motion of no confidence in May's government tomorrow. [. ] PM Theresa will most likely survive the vote (remember the Conservatives cannot force her to resign as party leader for another year after she won the party confidence vote in December). Vote takes place at 20:00 CET.

10 Jan
FX round-up: Pound mixed, US dollar stages small bounce

Sterling was mixed on Thursday, slipping against the US dollar but edging higher versus the European single currency.

10 Jan
China December CPI and factory gate prices undershoot forecasts

The cost of living in the People's Republic of China fell more quickly than anticipated last month as energy prices fell back, alongside a more broad-based drop in factory gate inflation which analysts said was "consistent" with other evidence of softer demand.

09 Jan
Fed's Bostic sees 'mixed signals', mentions possible cut in rates

The head of the Federal Reserve bank of Atlanta sounded a confident note on the economy, albeit one tinged with caution.

08 Jan
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FX round-up: Sterling sees profit-taking as investors wait for Trump speech, Commons vote

Sterling was on the back foot on Tuesday, as traders took profits following recent weakness in the US dollar, ahead of an eagerly awaited speech from the US President and a potentially key vote in Parliament on the Prime Minister's Brexit plans.

03 Jan
FX round-up: Dollar gains in risk-off session, amid negative news out of China

Sterling weakened significantly on Wednesday in a 'risk-off' day for financial assets on the heels of a weak reading on a key economic report in China, even as Beijing fired a 'warning shot' across the bow of the government across the Taiwan Strait, in Taipei.

14 Dec
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The ghost of Christmas past: Bitcoin sinks below $3,500 a year after hitting $20,000

Bitcoin dropped on Friday to $3,262, a level last seen in September 2017, amid a sell-off in all major cryptocurrencies including Ethereum, Stellar, and Bitcoin Cash.

05 Dec
Pound pummelled by parliamentary chaos over Brexit

The pound hit a new 2018 low versus the dollar after the government endured the worst performance in parliament since the 1970s.

04 Dec
Credit Bank of Moscow sees further weakness ahead in the rouble

Russia's rouble may be headed lower in 2019, according to one of the country's top lenders, regardless of the nascent rebound in crude oil prices.