It's the time of year when London's bankers and traders wind down and prepare for holidays. Instead, many are cancelling leave and will work all night on Thursday as Britain votes in an unpredictable election that could convulse global markets. Major banks including Barclays and HSBC also plan
The dollar slipped against the euro on Tuesday after a better-than-expected German economic sentiment survey boosted the common currency even as continued uncertainty about the outlook for U.S.-China trade talks kept large moves in the FX market in check. The euro was 0.16% higher at $1.108 after the
The euro rose on Tuesday after a better-than-expected German economic sentiment survey, with moves limited by doubts that the release will change the rhetoric of the European Central Bank. The dollar was little changed versus the safe-haven Japanese yen as investors remained wary of a deadline for U.S
Sterling edged higher on Tuesday, cementing recent gains as traders shrugged off weak economic growth data and kept an eye on the final days of campaigning before Britain's general election on Thursday. The pound on Monday reached a seven-month high against the dollar and a two-and-a-half-year high
The UK economy has suffered its worst three months in more than a decade, after unexpectedly flatlining in October amid continued Brexit uncertainty and increasing global trade tensions.The economy registered zero growth in October after contracting in August and September. Not since the aftermath of
Sterling edged higher on Tuesday, cementing recent gains as traders shrugged off weak economic growth data and kept an eye on the final days of campaigning before Britain's general election on Thursday. The pound on Monday reached a seven-month high against the dollar and a two-and-a-half-year high
Sterling edged higher on Tuesday, cementing recent gains as traders awaited data on economic growth and industrial production and kept an eye on the final days of campaigning ahead of Britain's general election on Thursday. The pound on Monday hit a new 7-month high against the dollar and a 2-1/
The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European Central Bank meetings. The greenback was neutral against a basket of six other major currencies. This is "
Expectations of a Conservative Party victory in Thursday's UK election have sent the pound rocketing - but some investors are hedging themselves against a surprise outcome that could deal the currency a mighty blow. Since early November, sterling has rallied 2% against the dollar, hitting a seven-month
The dollar eased and global stock markets slipped on Tuesday as uncertainty kept risk appetite in check days ahead of the Dec. 15 deadline for a new round of U.S. tariffs on Chinese imports. Investors were again torn between remarks that suggested a positive outcome to the 17-month U.S.-Sino trade war
Expectations of a Conservative Party victory in Thursday's UK election have sent the pound rocketing - but some investors are hedging themselves against a surprise outcome that could deal the currency a mighty blow. Since early November, sterling has rallied 2% against the dollar, hitting a seven-month
Expectations of a Conservative Party victory in Thursday's UK election have sent the pound rocketing - but some investors are hedging themselves against a surprise outcome that could deal the currency a mighty blow. Since early November, sterling has rallied 2% against the dollar, hitting a seven-month
Will the pound go up in value if Labour wins the general election?. We examine John McDonnell’s claim that Labour’s spending plans could boost sterling Latest election news – live updates
Treasury yields also dropped in line with those on global sovereign bonds. German benchmark bond yields slid, disregarding unexpectedly strong trade data from Germany. China's trade surplus for November stood at $38.73 billion, compared with an expected $46.30 billion surplus in the poll and a
The dollar slipped against the safe-haven yen and Swiss franc on Monday as weak Chinese export data dented risk appetite and highlighted the economic damage from the 17-month-long trade war, while the pound rose on the latest polls ahead of this week's British election. China's exports in November
Yahoo Finance's Oscar Williams-Grut has the latest from London.
Sterling hit a fresh 2-1/2 year high against the euro after an opinion poll showed the governing Conservative Party has extended its lead over rivals ahead of Thursday's national election. Attention shifted to U.S. Federal Reserve and European Central Bank policy meetings this week. A fast-approaching
Ireland plans to borrow between 10 billion euros (£8.59 billion) and 14 billion euros in 2020, the country's debt agency said on Monday, down from the 15 billion euros raised this year that will cover some of its future requirements. The National Treasury Management Agency has taken advantage of
Ireland plans to borrow between 10 billion euros and 14 billion euros in 2020, the country's debt agency said on Monday, down from the 15 billion euros raised this year that will cover some of its future requirements. The National Treasury Management Agency has taken advantage of record low interest
The approval is for projects in Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries. The 3.2 billion euro in public funding, is expected to unlock an additional 5 billion euro in private investments.
Morale among investors in the euro zone jumped for the second month in a row amid buoyant Asian economies and growing expectations of fiscal intervention by governments nearer home, a survey showed. The survey of 1,000 institutional and 4,000 private investors found that a growing number now expected
Sterling remained strong on Monday, buoyed by opinion polls that point to the ruling Conservative Party winning Britain's general election on Thursday, though the currency surrendered some gains when a later poll showed their lead narrowing a little. The pound earlier hit a seven-month high against
Sterling remained strong on Monday, buoyed by opinion polls that point to the ruling Conservative Party winning Britain's general election on Thursday, though the currency surrendered some gains when a later poll showed their lead narrowing a little. The pound earlier hit a seven-month high against
The dollar held its ground on Monday thanks to last week's stronger-than-expected jobs data, although worries about U.S./China trade talks kept gains in check, while Britain's pound jumped on the latest polls ahead of this week's election. Sterling hit a fresh 2-1/2 year high against the
Sterling is the big mover first thing as we enter a critical week for world markets. The pound surging to 2-1/2 year highs against the euro and 7-month highs on the dollar, with traders increasingly confident the ruling Conservative Party will be returned to power with an overall parliamentary majority