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Brexit
31 May
money pennys coins
FX round-up: Cable casts off UK poll-induced softness to finish higher

Sterling mostly cast off its earlier softness sparked by election poll jitters in the market to chime in Wednesday's close on a positive note not far below resistance at about $1. 29.

30 May
Theresa May
Tory wobble continues on betting markets as May, 'dementia tax' shambles hit landslide hopes

The ground between the ruling Conservative Party and Labour continued to narrow on Tuesday as Betfair cut the opposition's odds to 11/1 from 13/1 after Monday night's questioning of Prime Minister Theresa May and her rival, Jeremy Corbyn.

30 May
FX round-up: Sterling mixed after election interviews

Sterling was mixed across key pairs on Tuesday afternoon, having emerged relatively unscathed after the long weekend's serving of steady general election news.

30 May
brexit mx
EU releases official documents outlining Brexit stance

The European Union has published its most detailed policy documents on the bloc's Brexit position, ahead of the official beginning of negotiations with the UK next month.

30 May
may corbyn
Election Q&A: May faces Brexit grilling, Corbyn claims 'I am not a dictator'

Theresa May defended the Conservative party's plans for Brexit while Labour leader Jeremy Corbyn declared that he was not a dictator in separate election question and answer sessions broadcast on Monday night.

26 May
brexit vote referendum polling ballot
London close: Sterling slump after surprise election poll result shoves FTSE higher

Stocks in London got an unexpected shove higher on Friday as a new election poll revealed a narrowing Tory lead over Labour, causing sterling to sour and helping the FTSE advance.

26 May
may corbyn
FX round-up: Sterling takes big slides lower on UK election uncertainty

Sterling took big slides lower on most major crosses Friday as political uncertainty surrounding the upcoming UK general election sparked a wave of selling.

25 May
Money coins pound
FX round-up: Sterling's flirtations with $1.30 denied by UK growth disappointment

Sterling's flirtations with convincingly crossing the $1. 30 resistance mark were dealt a blow by disappointing UK first-quarter gross domestic product (GDP) growth data out this morning.

25 May
mapa londres big ben
London close: FTSE mired in range trade as oil majors drop after Opec pledge

Shares in London flickered around their starting levels for most of the day, mimicking the disappointing pattern of range-bound trade also seen among Europe's main indices.

25 May
federal reserve, fed, usa,
FX round-up: Bears see sterling down as market awaits Fed's minutes

Sterling suffered as market bears again sweated the prospects of Brexit, pushing the UK currency lower on most key crosses ahead of the country's Q1 second-estimate GDP data tomorrow.

24 May
federal reserve
London close: FTSE wanders to positive close ahead of Fed minutes

Stocks in London wandered to a positive close on Wednesday as investors embraced a raft of corporate news, and as the market looked to this evening's Federal Reserve minutes release.

23 May
money_pennys_286_200
FX round-up: Sterling lower on the crosses as UK data weighs

Sterling ended Tuesday lower on most key pairs in a UK market sombre all day after the deadly Manchester suicide bomb attack last night.

23 May
shard, london, skyscraper
London close: FTSE 100 limps to mildly lower close after Manchester terror attack

London stocks limped to a mildly lower close as a sombre UK came to terms with the deadly suicide bomb attack in Manchester last night.

22 May
theresa may trump
FX round-up: Sterling in 'sea of red' after Tory wobble

Sterling was amid a sea of red as Tory-renewed fears of a hard Brexit came to the fore and the party did a U-turn on its so-called 'dementia tax,' all while Labour accelerated in the election polls.

22 May
shopping, retail, high street
London close: FTSE 100 jabs higher as retail rebounds, sterling weakens

Equities in London went for a jog higher on Monday, helped mostly by rebounding retail stocks and sterling weakness, the latter on the back of UK political turmoil surrounding the election and Brexit coming to the fore.

18 May
petrofac ceo ayman asfari
Petrofac boss Asfari donates to Tories amid SFO probe

Under-fire Petrofac chief executive Ayman Asfari made a donation to the Conservative party ahead of June’s general election, despite being under investigation by the Serious Fraud Office.

18 May
margrethe-vestager
EU commissioner says trade deals must meet bloc standards

Any trade deal negotiated by the EU following the conclusion of Brexit negotiations must meet the standards set by the bloc for labour and competition rules, the European Commission’s Margrethe Vestager has said.

16 May
shopping consumer spending money purse cash inflation sterling pound cpi
FX round-up: Sterling mostly lower after consensus-beating CPI rise

Sterling ended up mostly lower on key crosses Tuesday, but up on the US dollar, in the aftermath of a higher-than-expected print on UK inflation for April.

16 May
l-inflation-dans-la-zone-euro-ralentit-nettement-plus-que-prevu-en-mars
London close: FTSE barges higher after CPI, with consumer goods, miners leading

Stocks in London barged higher in the aftermath of an unanticipated rise in UK inflation, with consumer-sector and mining equities prominent at the top end of the blue-chip ladder.

16 May
BP, oil, gas
Commodities: Crude trots higher on continued curb-extension hopes ahead of API data

Crude-oil futures continued to trot higher on continued hopes that Opec-led production curbs will last into 2018, but investors have a wary eye on two sets of US inventories data due out this week.