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Pound Drops on EU Concern, Asian Shares Decline

EghtesadOnline: The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s single market to regain control of Britain’s borders and laws. Haven assets from gold to the yen rose while stocks fell across Asia.
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Publish Date:16/January/2017 | 04:22

European shares dip, sterling falls on Brexit comments

EghtesadOnline: The dollar edged higher on Monday, boosted by robust U.S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister Theresa May's hint at no membership of the EU's single market.
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Publish Date:09/January/2017 | 24:53

Currencies Gripped by Political Risk, Oil Slumps

EghtesadOnline: Political risks rippled across foreign-exchange markets with the pound, Turkish lira and South Korean won leading declines, while gold rose on haven demand and Chinese buying. Stocks dropped with oil.
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Publish Date:09/January/2017 | 11:16

May Signals U.K. to Quit Single Market to Curb Immigration

EghtesadOnline: U.K. Prime Minister Theresa May signaled regaining control of immigration and lawmaking are her Brexit priorities even if that means quitting Europe’s single market. The pound fell to a 10-week low.
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Publish Date:09/January/2017 | 11:07

Battered euro and yen recover after dollar surge

EghtesadOnline: The euro, yen and pound all recovered some ground against the dollar on Friday after slides of up to 3 percent in reaction to the Federal Reserve outlook for U.S. interest rates next year.
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Publish Date:16/December/2016 | 09:55

Pound Rally Leaves Bears Unmoved as Brexit’s Threats Linger

EghtesadOnline: The pound’s longest winning run since the U.K. shocked financial markets by deciding to leave the European Union is failing to shake strategists, who expect a slide to its weakest level in three decades.
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Publish Date:03/September/2016 | 11:38

Stocks Gain With Commodities on Economic Data as Pound Rallies

EghtesadOnline: Stocks climbed with commodities and the pound jumped amid signs economies in China and the U.K. are stabilizing. The dollar advanced against most of its peers while bonds retreated before Friday’s payrolls report.
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Publish Date:01/September/2016 | 09:27

Bonds Climb as Central Banks Stoke Demand, Commodities Decline

EghtesadOnline: Bonds advanced around the world, spurred by central banks’ commitments to boost growth and a dimming outlook for inflation as commodities declined. The pound fell for a fifth day as the Bank of England resumes debt purchases to combat the fallout from Britain’s Brexit vote.
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Publish Date:09/August/2016 | 10:37

Asia shares up as yield hunt drives record flows, pound slips

EghtesadOnline: Asian shares stood atop one-year peaks on Tuesday as a global search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK.
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Publish Date:09/August/2016 | 08:41

Flight bookings to Britain rise after Brexit weakens pound

EghtesadOnline: Flight bookings to Britain rose in the month following the country's vote to leave the European Union as international visitors sought to take advantage of a cheaper UK-based holiday after a slump in the pound.
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Publish Date:08/August/2016 | 10:41