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  • European stocks slide on finance sector worries

    Frankfurt's DAX 30 index was down 2.5% at 9,054.1 at 1030 GMT

  • Data over the weekend showing China's foreign reserves fell for a third straight month in January, as dollars were dumped to defend the yuan and curb capital outflows, did nothing to calm investors. China, a focus of recent market concern, will be closed for the entire week.

  • (ShareCast News) - Market participants grew more wary about the economic outlook for 2016 in February, as prospects for the US economy worsened and the German economy cooled, according to one of the most ...

  • Ireland to auction 1 bln eur 10-year bond on Thursday Reuters - UK Focus - 2 hours 21 minutes ago

    Ireland's debt agency plans auction 1 billion euros of 10-year bonds on Thursday, the National Treasury Management Agency said on Monday. The agency sold 3 billion euros of 10-year debt in January, covering ...

  • FOREX-Dollar back on defensive as stocks head lower Reuters - UK Focus - 2 hours 30 minutes ago

    A rise in oil prices during Asian trading helped commodity-linked currencies like the Australian and Canadian dollars gain, but that advance faded as crude turned lower. The euro rose 0.2 percent to $1.1179 while the dollar was flat at 116.92 yen, giving back some earlier gains.

  • Sterling subdued by Brexit uncertainty and UK rate outlook Reuters - UK Focus - 2 hours 34 minutes ago

    Sterling traded below a recent one-month high against the dollar on Monday, as uncertainty about Britain's place in the European Union and diminishing rate hike prospects kept investors cautious. Sterling was trading at $1.4496, off the one-month high of $1.4672 it hit last Thursday after Bank of England chief Mark Carney …

  • Thomson Reuters spot FX volumes rebound in January to $123 bln Reuters - UK Focus - 2 hours 42 minutes ago

    Total (Other OTC: TTFNF - news) foreign exchange trading volume across TR platforms, including forwards, swaps, options and non-deliverable forwards (NDFs) rose 12 percent on the month to $377 billion from $337 billion, but fell 5 percent on the year from $398 billion. Much of the trading in sterling and "dollar bloc" …

  • In the face of a slowing economy, central banks have again abandoned the quest for higher interest rates

  • US jobs data spurs selloff amid Fed rate hike fears

    Traders work on the floor of the New York Stock Exchange on February 5, 2016

  • GLOBAL MARKETS-Stocks fall after U.S. jobs report muddles Fed outlook Reuters - UK Focus - Fri, Feb 5, 2016 21:28 GMT

    Global stock markets slumped and the U.S. dollar rallied on Friday after a key U.S. jobs report painted a mixed picture of the labor market and left investors with a muddled view on interest rate hike prospects. While U.S. nonfarm payrolls increased by just 151,000 jobs last month, well below forecasts of 190,000, the …

  • Speculators further slashed bullish bets on the U.S. dollar for a sixth straight week, as net longs fell to their lowest since roughly the third week of October, according to Reuters calculations and data ...

  • FOREX-Dollar gains after U.S. data suggests possible 2016 Fed rate hikes Reuters - UK Focus - Fri, Feb 5, 2016 20:16 GMT

    The U.S. dollar rebounded against a basket of major currencies on Friday after data showed a pickup in U.S. wages in January, suggesting greater inflation and denting the view that the Federal Reserve would not hike interest rates at all this year. Average hourly earnings increased 12 cents, or 0.5 percent, last month, …

  • GLOBAL MARKETS-Stocks down after U.S. jobs report muddles Fed outlook Reuters - UK Focus - Fri, Feb 5, 2016 19:18 GMT

    While U.S. non-farm payrolls increased by just 151,000 jobs last month, well below forecasts of 190,000, the unemployment rate fell to 4.9 percent, the lowest since February 2008, and a sharp rise in wages suggested the labor market recovery remained on track. Fed funds futures contracts showed traders boosted chances …

  • FX Roundup: Mixed US data sends dollar higher Sharecast - Fri, Feb 5, 2016 18:11 GMT

    (ShareCast News) - Mixed US data sent the dollar higher against major crosses and a basket of commodity linked currencies on Friday.

  • European shares end lower as U.S. data accelerates sell-off Reuters - UK Focus - Fri, Feb 5, 2016 17:54 GMT

    European equities ended lower after a choppy session on Friday, with the sell-off accelerating in late business after U.S. jobs data left investors guessing about the possibility of an interest rate hike ...

  • Economic growth in Britain would be up to four percentage points lower over the next four years and sterling could lose a fifth of its value if the country votes to leave the European Union, economists at U.S (Other OTC: UBGXF - news) . A plunge in sterling would raise inflation, which has been virtually zero for the …

  • Brexit concerns topple sterling from 1-month high Reuters - UK Focus - Fri, Feb 5, 2016 15:25 GMT

    Sterling retreated from a one-month high against the dollar on Friday, hurt by a poll that showed that those campaigning for Britain to leave the European Union had taken a 9-point lead, triggering renewed anxiety among investors. In the afternoon session, it lost a bit more ground against the dollar after a key jobs report …

  • Brexit would hurt pound, not euro - euro zone bailout fund head Reuters - UK Focus - Fri, Feb 5, 2016 12:33 GMT

    Any British decision to leave the European Union, dubbed Brexit, would hurt the pound currency, but would not have an impact on the euro, the head of the euro zone bailout fund Klaus Regling told a financial forum on Friday. European Economics Commissioner Pierre Moscovici said on Thursday that the EU executive was not …

  • European stocks higher before US jobs data AFP - Fri, Feb 5, 2016 12:26 GMT
    European, US stocks softer on mixed US jobs data

    Japanese stocks fell into the red on February 5, 2016, as the stronger yen hit exporters

  • FOREX-Dollar in doldrums as heads for worst week since 2009 Reuters - UK Focus - Fri, Feb 5, 2016 12:25 GMT

    The dollar has shed around 3 percent against a basket of major currencies since Monday as expectations that the Fed would raise interest rates at least once this year have all but evaporated amid signs of domestic weakness and broader concerns over global growth. It (Other OTC: ITGL - news) steadied on Friday, along with …

  • Asia report: Turbulent trading ahead of Chinese New Year Sharecast - Fri, Feb 5, 2016 11:43 GMT

    (ShareCast News) - Trading in Asia moved in various directions on Friday, with traders preparing for US jobs numbers and a thin week of trading next week with the Chinese New Year holiday.

  • Sterling retreats from 1-month high as Brexit concerns weigh Reuters - UK Focus - Fri, Feb 5, 2016 09:46 GMT

    Sterling retreated from a one-month high against the dollar on Friday, hurt by a poll that showed that those campaigning for Britain to leave the European Union had taken a 9-point lead, triggering renewed anxiety among investors. The YouGov survey, taken in the two days after Prime Minister David Cameron set out his proposed …

  • BNP Paribas says profits surged to 6.7 bn euros in 2015

    BNP Paribas's business has been crimped in recent years by low interest rates, higher taxes and stagnant growth in the eurozone

  • MORNING BID EUROPE-Cameron on European charm tour Reuters - UK Focus - Fri, Feb 5, 2016 08:09 GMT

    Polls on whether Britain should stay in the EU or not have to be taken with a pinch of salt but the latest YouGov (LSE: YOU.L - news) survey, conducted two days after PM David Cameron set out the reform proposals he would be pushing for, is interesting: it shows the "leave" campaign taking a nine-point lead over the "in" …

  • FOREX-Dollar nurses losses as payrolls report looms Reuters - UK Focus - Fri, Feb 5, 2016 04:09 GMT

    The greenback wallowed close to a two-week low against the yen, having erased its upward spike triggered a week ago by the Bank of Japan's move to adopt negative interest rates. Sterling was last trading down about 0.1 percent at $1.4571 , from its Thursday high of $1.4672 but still on track for weekly gains of more than …

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