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Metals Stocks: Gold scores a bounce after cooler-than-expected retail sales report

Gold prices climb Wednesday as investors watch global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which has spurred some haven buying......»»

Category: topSource: marketwatchOct 16th, 2019

Asia stocks bounce on firmer Chinese lead, pound steadies

Asian stocks bounced on Wednesday, led by Chinese markets after a report showed growth in the country's service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted......»»

Category: topSource: reutersSep 4th, 2019

GBP/USD: Boris Johnson"s Hard Brexit Preparations Break The Pound

GBP/USD has been extending its falls to new two-year lows.  The new British government is ramping up its preparations for a no-deal Brexit. Monday's technical chart is indicating a bounce amid oversold conditions. read more.....»»

Category: blogSource: benzingaJul 29th, 2019

GBP/USD: Ready For A Dead Cat Bounce

GBP/USD has been recovering from the fresh six-month lows it hit on Friday. Brexit uncertainty looms large over the pound. Monday's four-hour chart points to oversold conditions that imply a bounce – albeit a temporary one. read more.....»»

Category: blogSource: benzingaJul 8th, 2019

Pound Tumbles After Parliament Rejects Move To Block No-Deal Brexit

After several weeks in which headlines from the endless farce that is Brexit were mercifully absent around the flux surrounding Theresa May's resignation, we ha.....»»

Category: blogSource: zerohedgeJun 12th, 2019

Currencies: Theresa May’s resignation is not good news for British pound, say analysts

The British pound strengthened broadly against its rivals on Friday as U.K. Prime Minister Theresa May announced her resignation, after her deals to usher Britain out of the European Union failed and she lost the confidence of her political inner circle.....»»

Category: topSource: marketwatchMay 24th, 2019

Pound briefly climbs after news U.K. Prime Minister Theresa May will step down

The British pound jumped, then pulled back on the news U.K. Prime Minister Theresa May will step down, after she failed three times to get a Brexit deal passed thro.....»»

Category: topSource: marketwatchMay 24th, 2019

Currencies: British pound extends skid as Brexit plan unravels, intensifying calls for May’s ouster

The British pound adds to its losses against major rivals on Thursday, with some bears raising the remote possibility that U.K. Prime Minister Theresa May’s Brexit struggles could drag Britain’s currency to parity with the buck......»»

Category: topSource: marketwatchMay 23rd, 2019

British pound sinks as U.K. House of Commons leader quits -- underlining May"s Brexit challenge

Andrea Leadsom, the leader of the U.K.'s House of Commons, has quit on Wednesday, amid disagreements with U.K. Prime Minister Theresa May's Brexit plan, according to reports. The defection c.....»»

Category: topSource: marketwatchMay 22nd, 2019

British Pound: USD/GBP (GBP=X) expect fluctuations on updates on the ongoing Brexit drama

British Pound: USD/GBP (GBP=X) expect fluctuations on updates on the ongoing Brexit drama UK PM Theresa May has arranged last minute meets with the leaders of Germany and France later the day. She will urge the EU .....»»

Category: topSource: livetradingnewsApr 9th, 2019

Asian stocks rally as China"s factory bounce lifts confidence

Asian stocks powered higher on Monday as positive Chinese factory gauges and signs of progress in Sino-U.S. trade talks boosted sentiment, although another defeat for British Prime Minister Theresa May's Brexit deal added to sterling's woes......»»

Category: topSource: reutersApr 1st, 2019

Asia lifted as Wall Street climbs on trade developments, pound sags

Asian stocks rose on Monday, as signs of progress in U.S.-China trade talks and firmer Wall Street shares supported sentiment, although another defeat for British Prime Minister Theresa May's proposed Brexit deal added to the pound's recent woes......»»

Category: topSource: reutersMar 31st, 2019

Trade hopes buoy stocks, Brexit setback hits pound

Stock markets around the world moved higher on Friday following signs of progress in U.S.-China trade talks, while the British pound fell after lawmakers rejected Prime Minister Theresa May's Brexit agreement for the third time......»»

Category: topSource: reutersMar 29th, 2019

Stocks fueled by trade hopes, Brexit setback hits pound, German yields

Stock markets around the world moved higher on Friday following signs of progress in U.S.-China trade talks, while the British pound and German bond yields fell after lawmakers rejected Prime Minister Theresa May's Brexit agreement for the third time......»»

Category: topSource: reutersMar 29th, 2019

Pound Tumbles As May"s Brexit Deal Appears Headed For Third Defeat

The British pound dropped sharply on the morning of "the day that should have been Brexit" after a Labour Party spokesman confirmed that the opposition party would oppose PM Theresa May's "meaningful vote 2.5", setting the third vo.....»»

Category: blogSource: zerohedgeMar 29th, 2019

Pound Tumbles As Leading Brexiteers Walk Back Support For Brexit Deal

For a brief moment earlier this week, it looked as if Theresa May's supremely unpopular Brexit withdrawal deal might actually pass on the third go. But after the DUP reaffirmed its opposition to the deal last night, and a group of Brexiteers c.....»»

Category: blogSource: zerohedgeMar 28th, 2019

Currencies: British pound gains after Parliament seizes control of Brexit process

The British pound on Tuesday strengthens against its main rivals as the U.K. Parliament seized control of the Brexit process late Monday, dealing a fresh blow to embattled Prime Minister Theresa May......»»

Category: topSource: marketwatchMar 26th, 2019

May Says She Will Not Seek "Long Delay" To Brexit; Pound Slides

The British Pound, which had comfortably assumed that the upcoming procedural delays had effectively put Brexit on hold indefinitely, slumped after PM Theresa Ma.....»»

Category: blogSource: zerohedgeMar 20th, 2019

British pound slides as U.K. Parliament speaker blocks Tuesday"s Brexit vote

The British pound fell to session lows on Monday after the speaker of the House of Commons, John Bercow, ruled that Prime Minister Theresa May's government couldn.....»»

Category: topSource: marketwatchMar 18th, 2019

Pound Rallies As May Secures Critical Brexit Concessions From EU

Has Theresa May done the impossible? Though negotiations are still taking place between May and European Commission President Jean Claude Juncker in Strasbourg, UK Cabinet Office Minister David Lidington told the Commons on Monday night that May had .....»»

Category: blogSource: zerohedgeMar 11th, 2019