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ECB warns against global currency war
Fri, Jan 26, 2018
ECB board member Benoit Coeure said at the World Economic Forum in Davos that talks over exchange rates should be returned to the confines of global meetings like the G7 and the G20, as the recent public noise is proving unhelpful.
US Federal Reserve minutes in view, stocks shift higher
Wed, Jul 05, 2017
Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve`s last meeting.
Unilever ends 2016 with fourth quarter sales growth below estimates in India, Brazil
Thu, Jan 26, 2017
Unilever has reported below estimated sales growth for the fourth quarter (Q4) of 2016 in India and Brazil.
Pound soars as court demands parliament vote on Brexit
Thu, Nov 03, 2016
The pound soared against the dollar and euro Thursday after the High Court in London ruled that parliament must approve the start of Britain`s withdrawal from the European Union.
Pound slumps to 31-year low versus dollar
Tue, Oct 04, 2016
"It seems that it is going to be hard to provide a tourniquet for sterling`s recent wounds given the solidity of the newly announced Brexit timeline," said Connor Campbell, analyst at traders Spreadex.
Brexit effect: JLR to benefit from weak pound, says Tata Motors' CFO
Sun, Sep 04, 2016
"JLR's revenue, more than 80% comes (from) outside the UK from Europe, China, the US, and other markets. We do source about 40% to 50 %of our components from the EU. Therefore, if you take a combination of these, JLR over a time would benefit from a continued weaker pound as a result of the Brexit," Tata Motors Group CFO C Ramakrishnan told analysts.
Asia shares up as yield hunt drives record flows, pound slips
Tue, Aug 09, 2016
Japan`s Nikkei was also attempting a fourth session of gains with a tentative rise of 0.2%.
Asia shares fall, bonds surge as Brexit fears resurface
Wed, Jul 06, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risk assets of all stripes.
Global equities extend losses, sterling near 30-year lows in Brexit aftermath
Tue, Jun 28, 2016
Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain's shock vote to exit the European Union (EU) continued to roil financial markets.
Asian stocks, pound falls in Brexit aftershocks
Mon, Jun 27, 2016
Asian stocks fell and the British pound tumbled more than 2 % in early trade on Monday as markets struggled to shake off deep uncertainty sparked by Britain`s decision to leave the European Union.
Asia stocks gain as Brexit fears ease slightly; pound surges
Mon, Jun 20, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1%.