International News
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.