International News
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
US Deputy Attorney General set to step down - Axios

US Deputy Attorney General, Rod Rosenstein, tendered his resignation to the White House on Monday, in the belief that President Donald Trump was set to dismiss him.

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
US open: Stocks dip amid negative headlines on trade, dollar lower as well

US stocks were edging slightly lower on Monday as trade tensions resurfaced after China called off planned trade talks with Washington over the weekend and as fresh tariffs on Chinese imports kick in.

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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US pre-open: Stocks to edge lower as US-China tensions escalate

US stocks looked set to edge lower on Monday as trade tensions resurfaced after China called off planned trade talks with Washington over the weekend and as fresh tariffs on Chinese imports kick in.

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
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Versace said to be nearing $2bn sale to Michael Kors

Versace is on the cusp of agreeing a deal to be ought by US fashion giant Michael Kors in a deal that values the Italian fashion house at $2bn, according to reports.

24 Sep
Asia report: Markets fall on quiet Monday as tariffs come into effect

Markets in Asia finished lower amid rather quiet trading on Monday, as the latest round of tariffs in the ongoing trade war between the US and China came into effect.

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.

24 Sep
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Carrefour denies takeover talks with rival Casino

French supermarket group Carrefour has denied making an approach to Casino after its rival said it had been contacted about a possible combination.

23 Sep
US close: Stocks end on mixed note, but Dow hits record high

Wall Street finished on a mixed note on Friday, weighed down by weakness in the technology space, although the Dow Industrials did manage to eke out a fresh record high.

21 Sep
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Europe close: Stocks carried higher by positive sentiment on Wall Street

Stocks on the Continent finished higher going into the weekend, tracking fresh gains on Wall Street, where some of the main stockmarket gauges had notched-up fresh all-time highs just the day before.

21 Sep
China demands US remove 'unjustifiable' sanction for Russian weapons purchase

China has demanded that the US remove sanctions placed on a defence agency and its director for purchasing Russian weapons.

21 Sep
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US open: Small gains at the open following record highs in previous session

Friday trading on Wall Street kicked-off with some small gains following a record session the day before in which both the Dow and the S&P rose to fresh highs on the back of a strong showing from the technology sector.

21 Sep
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Tesla loses another executive as supply management chief resigns

Tesla has lost another executive as the vice president of global supply management Liam O’Connor resigned on Friday, Bloomberg reported.