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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
EIA cuts global oil demand expectations, lowers oil-price forecasts
The U.S. Energy Information Administration on Tuesday cut its growth expectations for .....»»
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 .....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»