Advertisements



British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off

British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off A tough week for trying to value Sterling looking forward with a mildly dovish Bank of England Report having only a short-term negative effect on GBP, wh.....»»

Category: topSource: livetradingnewsFeb 11th, 2019

IMF cuts euro zone forecasts, as Germany slows

Growth in the euro zone and its biggest economy, Germany, is set to slow more than expected, according to the IMF. David Pollard reports......»»

Category: videoSource: reutersNov 6th, 2019

Global stocks mostly gain with earnings in focus; sterling slips

Global stock indexes were flat to higher on Friday as upbeat earnings offset weaker-than-expected results, while the British pound extended losses from the previous day amid fresh uncertainty around Britain's exit from the European Union......»»

Category: topSource: reutersOct 25th, 2019

Sterling pares losses after PM calls for election; S&P 500 up

The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its exit from the European Union, while global stock markets edged up......»»

Category: topSource: reutersOct 24th, 2019

Shares edge higher, buoyed by upbeat results; sterling weakens

Stock markets edged higher on Thursday amid upbeat earnings reports from a slew of companies worldwide, while the British pound slipped......»»

Category: topSource: reutersOct 24th, 2019

Global stocks rise despite lackluster results; sterling creeps up as EU delays Brexit decision

World stock indexes climbed on Wednesday as investors brushed aside some earnings disappointments, while the British pound inched up as European Union leaders delayed a decision on whether to grant Britain a three-month Brexit extension......»»

Category: topSource: reutersOct 23rd, 2019

Sterling steadies as EU considers Brexit request; stocks inch up

World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments' disappointing forecast, and the British pound steadied as European Union leaders consider London's request for a Brexit delay......»»

Category: topSource: reutersOct 23rd, 2019

Asian shares tick up, pound skids on Brexit tumult

Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal deal......»»

Category: topSource: reutersOct 21st, 2019

Sterling Soars Most In 11 Years As Top EU Official Says Brexit Deal Looks "Promising"

Sterling Soars Most In 11 Years As Top EU Official Says Brexit Deal Looks "Promising" Update (8 am ET): The British pound has been on an incred.....»»

Category: blogSource: zerohedgeOct 11th, 2019

OPEC Cuts 2019 Supply, Demand Forecasts

In its monthly report on the oil market, OPEC slightly reduced both its projections for supply and demand growth in 2019......»»

Category: blogSource: 247wallstOct 10th, 2019

EIA cuts global oil demand expectations, lowers oil-price forecasts

The U.S. Energy Information Administration on Tuesday cut its growth expectations for .....»»

Category: topSource: marketwatchOct 8th, 2019

Pound falls as Bank of England"s Saunders says rate cuts may be needed even with Brexit deal

The British pound fell against the dollar and euro on Friday after dovish comments by Michael Saunders, external member of the Bank of England's Monetary Policy Committee. In published remarks of a speech to the Barnsley .....»»

Category: topSource: marketwatchSep 27th, 2019

Trade optimism aids stocks, sterling gains after Brexit ruling

Hopes for rekindled trade talks between the United States and China supported stock markets on Tuesday, while the British pound firmed as the UK Supreme Court ruled Prime Minister Boris Johnson's decision to suspend parliament was unlawful......»»

Category: topSource: reutersSep 24th, 2019

OECD cuts growth outlook to post-crisis low

The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the OECD said on Thursday as it slashed its forecasts. Yahaira Jacquez reports......»»

Category: videoSource: reutersSep 19th, 2019

Exclusive: Italy cuts 2019, 2020 GDP growth forecasts - sources

Italy's new government expects the economy to expand by only about 0.4% next year after eking out 0.1% growth this year, three sources close to the matter told Reuters, underscoring the need for an expansionary 2020 budget......»»

Category: topSource: reutersSep 18th, 2019

Deere cuts full-year earnings forecast after profits miss estimates

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»

Category: topSource: reutersAug 16th, 2019

British pound falls to new two-year low as economy shrinks

The British pound on Friday came under renewed assault, as data showing a contraction in the U.K. economy in the second quarter reinforced concerns about future growth if the country leaves the EU without an agreement on Oct. 31......»»

Category: topSource: marketwatchAug 9th, 2019

British stocks nudge higher as China’s export boost eases growth concerns

British stocks fought back on Thursday as investors returned to riskier assets but gains were held back by a buoyant pound......»»

Category: topSource: marketwatchAug 8th, 2019

European shares hit by Bayer, Lufthansa; FTSE shines on BP, sterling slump

European shares slipped on Tuesday as grim forecasts from German giants Bayer and Lufthansa soured sentiment, while a battered pound and BP helped London's blue-chip index outperform for a second day. David Pollard reports......»»

Category: videoSource: reutersJul 30th, 2019

Currencies: British pound collapse continues as sterling reaches new two-year low

The British pound on Tuesday came under continued assault, sliding as traders price in an increased possibility of a so-called hard Brexit......»»

Category: topSource: marketwatchJul 30th, 2019

Sterling slumps on "no-deal Brexit" worries; stocks dip

The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs......»»

Category: topSource: reutersJul 29th, 2019