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  • Sterling to gain on hopes for UK-EU trade deal by year-end: Poll Feb 05, 2020 08:11 AM IST

    Sterling to gain on hopes for UK-EU trade deal by year-end: Poll

    On Monday sterling took a pummelling after Prime Minister Boris Johnson set tough terms for the trade talks. Some of the forecasts in the Reuters poll were gathered before Johnson's speech.

  • Pound jumps as exit poll shows Conservative majority in British vote Dec 13, 2019 08:02 AM IST

    Pound jumps as exit poll shows Conservative majority in British vote

    Meanwhile, global stock markets rallied with Wall Street in record territory following reports Washington and Beijing had at long last sealed a partial trade deal and agreed to de-escalate their tariff battles.

  • Sterling's fate hangs on Brexit, UK growth to be weak: Polls Dec 06, 2018 08:55 AM IST

    Sterling's fate hangs on Brexit, UK growth to be weak: Polls

    May faces deep opposition in parliament ahead of a Dec. 11 vote on her withdrawal agreement, raising the risk of a no-deal Brexit shock to the economy in less than four months' time.

  • Sterling hits six-month high, stocks up as Brexit deal adds to Asian cheer Dec 08, 2017 03:27 PM IST

    Sterling hits six-month high, stocks up as Brexit deal adds to Asian cheer

    Britain and the European Union struck a deal on Friday to move on to talk about trade and a transition period after they agreed the outline of their divorce.

  • Sterling shaken by UK election shock, damage limited elsewhere Jun 09, 2017 07:30 AM IST

    Sterling shaken by UK election shock, damage limited elsewhere

    The pound shed almost three U.S. cents in hectic trade, or close to 2 percent, while futures for the FTSE lost 0.5 percent on speculation the left-leaning Labour Party might actually be able to form a coalition government.

  • Sterling retreats after Manchester blast, stocks steady May 23, 2017 07:45 AM IST

    Sterling retreats after Manchester blast, stocks steady

    Sterling remained under pressure after police said at least 19 people were killed and about 50 injured in an explosion at a concert in Manchester where U.S. singer Arianna Grande had been performing.

  • Sterling hits highest since December after British PM calls early election Apr 18, 2017 10:41 PM IST

    Sterling hits highest since December after British PM calls early election

    Sterling jumped as much as 1.6 percent against the dollar on Tuesday to hit its highest levels since mid-December, after British Prime Minister Theresa May surprised markets by calling for an early parliamentary election in June.

  • Theresa May calls for early election on June 8 Apr 18, 2017 03:57 PM IST

    Theresa May calls for early election on June 8

    Sterling rose against the dollar after May made the surprise announcement outside her Downing Street office.

  • Sterling set for first fall in four weeks, eyes on output data Apr 07, 2017 01:37 PM IST

    Sterling set for first fall in four weeks, eyes on output data

    In the first full week of trading since UK Prime Minister Theresa May formally began Britain's divorce from the EU, the pound has slipped 0.7 percent against the dollar.

  • Sterling climbs, shares fall, after Brexit formally triggered Mar 29, 2017 06:12 PM IST

    Sterling climbs, shares fall, after Brexit formally triggered

    Sterling hit the day's high on Wednesday in volatile trade while shares in British companies slipped after British Prime Minister Theresa May and European Council President Donald Tusk said Britain had formally triggered its divorce from the EU.

  • Rupee gains past 65/$ for first time since October 2015 Mar 29, 2017 09:04 AM IST

    Rupee gains past 65/$ for first time since October 2015

    We expect the rupee to trade in a range of 64.90-65.35/dollar today, says

  • Rupee to trade in 64.90-65.35 range: NS Venkatesh Mar 29, 2017 08:09 AM IST

    Rupee to trade in 64.90-65.35 range: NS Venkatesh

    We expect the 10-year benchmark bond yield to trade in a range of 6.65-6.70 percent today, says NS Venkatesh of Lakshmi Vilas Bank.

  • Rupee opens higher at 65.76 per dollar Mar 15, 2017 09:03 AM IST

    Rupee opens higher at 65.76 per dollar

  • Sterling slips as Brexit talks get green light, global stocks advance before Fed Mar 14, 2017 08:48 AM IST

    Sterling slips as Brexit talks get green light, global stocks advance before Fed

  • Rupee opens higher at 67.93 per dollar Jan 18, 2017 09:02 AM IST

    Rupee opens higher at 67.93 per dollar

    The rupee is expected to move in a range of 67.82-68.08/dollar, says NS Venkatesh, ED at Lakshmi Vilas Bank.

  • Sterling basks in glow of May's Brexit speech;global stocks slip Jan 18, 2017 08:30 AM IST

    Sterling basks in glow of May's Brexit speech;global stocks slip

    Sterling saw its biggest daily rise since at least 1998 on Tuesday as Prime Minister Theresa May promised a parliamentary vote on Britain's deal to leave the EU and sought to draw a line under discussion of a "hard" or "soft" Brexit.

  • PM May indicates Britain will seek 'hard Brexit' in EU talks Jan 17, 2017 03:24 PM IST

    PM May indicates Britain will seek 'hard Brexit' in EU talks

    Sterling, which has traded at the lowest levels against the US dollar for more than three decades, fell to near three-month lows and stocks were mostly weaker as investors feared May would spell out plans for a "hard Brexit".

  • Pound quivers near 3-month low before May's Brexit stance speech Jan 17, 2017 12:05 PM IST

    Pound quivers near 3-month low before May's Brexit stance speech

    Speadbetters forecast a slightly lower open for Britain's FTSE, Germany's DAX and France's CAC.

  • Sterling at 3-month low, braces for May's Brexit speech Jan 17, 2017 08:38 AM IST

    Sterling at 3-month low, braces for May's Brexit speech

    Concerns over US President-elect Donald Trump's protectionist policies are also undermining risk sentiment, helping to push up the yen back to its highest levels in more than five weeks.

  • Sterling down on Brexit anxiety;investors hope for Trump clarity Jan 16, 2017 11:05 AM IST

    Sterling down on Brexit anxiety;investors hope for Trump clarity

    Regional share markets were hesitant. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5 percent, Japan's Nikkei lost 0.6 percent and Shanghai shed 1.4 percent.

  • Sterling slides to 3-month lows on 'hard Brexit' fears Jan 16, 2017 08:34 AM IST

    Sterling slides to 3-month lows on 'hard Brexit' fears

    Sterling stole the spotlight from the dollar, which has come under pressure in recent sessions as investors pondered what to expect from US President-elect Donald Trump's economic policies after he takes office on Friday.

  • Theresa May dismisses idea of 'hard' Brexit Jan 09, 2017 07:10 PM IST

    Theresa May dismisses idea of 'hard' Brexit

    Prime Minister Theresa May today dismissed the notion of a "hard Brexit" and highlighted her plans for a "new relationship" with the European Union (EU) as Britain prepares to leave the 28-member bloc.

  • UK services sector sees fastest growth since July 2015: PMI Jan 05, 2017 04:05 PM IST

    UK services sector sees fastest growth since July 2015: PMI

    Britain's economy finished 2016 strongly, growing at the fastest rate since mid-2015, even though companies faced some of the fastest-rising costs of the past five years as sterling weakened after Britain voted to leave the European Union, an industry survey showed.

  • Sterling hits 2-week high vs euro after strong manufacturing PMI Jan 03, 2017 04:13 PM IST

    Sterling hits 2-week high vs euro after strong manufacturing PMI

    The monthly purchasing managers index (PMI) for the manufacturing sector rose to 56.1, the strongest reading since June 2014. That exceeded all forecasts in a Reuters poll, which pointed to a decline to 53.1, adding to signs the economy ended 2016 strongly.

  • Sterling slips after UK industrial output falls sharply Dec 07, 2016 03:44 PM IST

    Sterling slips after UK industrial output falls sharply

    Sterling slipped as much as 0.7 percent on the day against the single currency to 85.145 pence, its weakest since November 30. Immediately before the data release, it was trading around 84.905 pence.

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