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.
China has offered to embark on a six-year $1. 0trn buying spree of US goods in a bid to reconfigure the trade relationship between the two economic giants and reduce its trade surplus with America to zero by 2024, Bloomberg reported.
US consumer sentiment deteriorated a lot more than expected this month, dropping to its lowest level since Donald Trump was elected as worries about trade tariffs and the government shutdown took their toll, according to a preliminary reading from the University of Michigan.
US industrial production edged past forecasts last month, as manufacturing and energy output ramped-up.
The rich world's energy watchdog reiterated its forecast for global oil demand growth in 2019, even as it highlighted the multiple sources of uncertainty which existed on both the demand and supply sides of the equation.
Washington might be prepared to make concessions of its own should Beijing decide to 'play ball' in upcoming trade talks.
France put its Brexit contingency plans into motion on Thursday, amid growing concerns of a no-deal scenario.
Manufacturing conditions in the Philadelphia region improved much more than expected in January, according to a survey released on Thursday.
The number of Americans filing for unemployment benefits unexpectedly dropped last week, according to data from the Labor Department.
The US rejected an offer from Russia to inspect a controversial new missile, said it will not attend the review of the agreement in February and will prepare to pull out of the current nuclear-weapons treaty completely in six months.
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.
Sentiment among US housebuilders unexpectedly improved in January, according to data released on Wednesday.
UK business leaders reacted with anger to Tuesday's heavy defeat of Prime Minister Theresa May's Brexit withdrawal agreement.
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.
Trading on Wall Street has gotten off to a positive start following the release of data that some analysts say shows scant pipeline price pressures building in the economy.
China’s Foreign Ministry urged officials in Ottawa to immediately release Huawei executive Meng Wanzhou.
UK gambling stocks that have expanded across the Atlantic took a hit on Tuesday after the US Department of Justice moved to tighten regulations on online gambling.
Business conditions in the New York region deteriorated much more than expected in January, according to a survey from the New York Fed, as the US-China trade war and the government shutdown took their toll.
China moved again to stimulate its economy on Tuesday, announcing larger tax cuts and pledging to maintain liquidity in the banking system, while fresh data revealed the slowest growth of credit in more than a decade.
German economic growth eased to its slowest rate in five years last year but the country just managed to avoid a technical recession, according to data released by Destatis on Tuesday.