Pound
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Asia shares ease as trade war fears return, pound bewildered by politics
EghtesadOnline: Asian shares reversed early gains on Tuesday as anxieties about the Sino-U.S. trade war recast their long shadow over investor sentiment, while several high-profile resignations…
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Stocks Advance as Deals Greet Week; Dollar Climbs
EghtesadOnline: Stocks in the U.S. rose amid a flurry of dealmaking at the start of another busy week for earnings and economic news. The dollar climbed while the pound declined as Prime Minister…
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Pound Pundits Puzzled by Carney Stick to Guns on May Rate Hike
EghtesadOnline: Money-market traders in the U.K. may have capitulated, but not the analysts.
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U.S. Stock Futures Climb on Earnings, Geopolitics
EghtesadOnline: U.S. stock futures rose, extending gains a third day as investors took heart from a solid start to the earnings season and signs of improving relations between America and North…
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Treasuries Slide, Dollar Gains as Busy Week Begins
EghtesadOnline: U.S. Treasuries extended a selloff that’s taken yields to the highest since early 2014 as traders gear up for a hectic week of data and policy announcements. The dollar climbed…
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Sterling Under Pressure; Stocks Slip as Bonds Gain
EghtesadOnline: The pound dropped as British Prime Minister Theresa May found herself under renewed pressure just as Brexit talks enter a crucial phase. European stocks fell, tracking many Asian…
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Pound Reverses Decline as U.K. Economy Grows More Than Forecast
EghtesadOnline: The pound strengthened, reversing an earlier decline against the dollar, after data showed the U.K. economy expanded more than forecast in the third quarter, reinforcing expectations…
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Treasuries Extend Slide With Gold; Pound Rallies
EghtesadOnline: U.S. Treasuries extended their declines and the dollar traded near its three-month high amid continued optimism over the global growth outlook. Safe-haven assets such as the yen…
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Dollar buoyant against yen, pound hits one-year high on inflation jump
EghtesadOnline: The dollar was buoyant against the yen on Wednesday, although it was capped against the euro with a potentially supportive spike in U.S. yields neutralised by a similar move by…
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Pound Vulnerable as U.K. Prepares to Provide Brexit Plan Details
EghtesadOnline: Brexit may dominate factors influencing the pound’s fortunes again this week, with the U.K. set to lay out its position in at least three areas of negotiation with the European…
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U.K. Inflation Unexpectedly Stagnates as Pound Drop Fades
EghtesadOnline: The U.K. inflation rate held steady in July, falling short of forecasts because of lower oil prices and the fading effects of the pound’s drop after the Brexit vote a year ago.
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Morgan Stanley Sees Euro-Pound Parity on Diverging Political Fortunes
EghtesadOnline: A pushback against the populist movements that have threatened to destabilize the European Union will help bolster the euro for years, according to Andrew Sheets, chief cross-asset…
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Pound Falls From 11-Month High as BOE Keeps Rates Unchanged
EghtesadOnline: The pound slid from an 11-month high versus the dollar and U.K. government bonds rallied after the Bank of England voted to keep interest rates unchanged, while also cutting the…
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U.S. Stocks Mixed Near Records, Pound Drops on BOE
EghtesadOnline: U.S. stocks opened mixed as investors assessed the latest batch of corporate results ahead of Friday’s jobs report. The British pound slumped after the Bank of England cut its…
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Dollar firm before Fed's Dudley, euro and pound hold steady
EghtesadOnline: The dollar steadied against a basket of currencies on Monday after slipping on soft U.S. economic data, with investors awaiting comments by a top Federal Reserve official for…
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Asia Stocks Climb as Tech Rout Eases; Pound Flat
EghtesadOnline: Asia-Pacific stocks advanced as the global selloff in technology shares showed signs of easing, while the pound held losses as Theresa May fought to survive the fallout from the…
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Tech Selloff Spreads to Asia; U.K. Pound Steadies
EghtesadOnline: A selloff in U.S. technology stocks spread to Asia, dragging down shares from Seoul to Hong Kong. The British pound held losses as investors assessed the risks from the U.K.’s…
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Tech Selloff Wrecks Record Day for U.S. Stocks
EghtesadOnline: A selloff in technology shares spoiled an otherwise buoyant day in the U.S. stock market as companies from Apple Inc. to Nvidia Corp. tumbled. The British pound dropped as the…
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Pound Erases Decline as Euro Slips Ahead of U.K. Vote, ECB Meet
EghtesadOnline: The pound erased a decline after a weekend terror attack in London as a poll showed the ruling Conservatives holding a double-digit lead ahead of elections this week, while commodity…
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Pound Weakens as London Terror Attacks Heighten Election Stakes
EghtesadOnline: The pound fell in Asian trading after a weekend terror attack in London killed seven people, days before the nation votes in a snap election.
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Oil Gains on Gulf Crisis; Metals Hit Europe Stocks
EghtesadOnline: Oil climbed as a political spat between several energy-producing nations in the Middle East escalated, while a slide in industrial metals dragged European stocks lower. The pound…
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Stocks in Upbeat Mood as Oil Rises, Havens Slip
EghtesadOnline: European stocks were poised to snap a five-day losing streak amid a broad-based rally. The pound declined as better-than-expected manufacturing data failed to offset political…
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Stocks Meander in Holiday-Hit Trading; Pound Rises
EghtesadOnline: Global stocks were mixed and the dollar and euro traded sideways amid thin trading as investors weighed the latest comments from a Federal Reserve official on the path of U.S.…
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Pound Traders Sweat as Narrowing Polls Boost Election Jitters
EghtesadOnline: The U.K. elections are getting tighter, which could mean a nervy couple of weeks for pound traders.
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Asia Stocks Drop as China Losses Deepen; Yen Falls
EghtesadOnline: Asian stocks fell as losses in Chinese equities deepened, following weakness in the U.S. amid worse-than-expected corporate earnings. The pound held gains triggered by the surprise…
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Yen hits multi-month highs as risk-off mood persists
EghtesadOnline: The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopolitical tensions checked risk appetite and put the safe-haven Japanese currency…
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Europe Stocks Rise Fifth Day, Pound Falls on Data
EghtesadOnline: European shares advanced for a fifth day and the pound retreated at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump and culminates in the…
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Pound Drop Seen Short-Lived as Negativity Overdone, Analysts Say
EghtesadOnline: For now, the pound may have fallen far enough. After sterling’s slide of more than 16 percent since Britain voted out of the European Union in June, room for further declines…
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Pound Retreats on Brexit Day; Europe Stocks Drift
EghtesadOnline: European stocks and U.S. share futures struggled for direction as a bounce on optimism over the American economy faded and President Donald Trump battled to revive his legislative…
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Stocks up, formal Brexit start casts shadow over sterling
EghtesadOnline: European shares rose on Wednesday, following Wall Street's late surge, while sterling was the biggest loser on major currency markets ahead of the formal triggering of Britain's…