Fx
Pound wallows as govt plans vote on Withdrawal Agreement
The pound sank to its lowest point in the week on Thursday as investors and analysts struggled to see a clear way forward for Brexit after a confusing night in Westminster and as the government planned a new vote on Friday.
May aims to bring back Brexit deal for third vote
Theresa May hopes to bring her Brexit deal back for a third 'meaningful vote' this week after receiving promises of support if she agrees to quit.
Pound up on hopes of softening opposition to May's Brexit deal
Sterling rallied on Tuesday, on speculation that hard-line Brexiteers were starting to come around to Theresa May’s withdrawal deal.
FX round-up: Sterling slips after government postpones third meaningful vote
Sterling slipped at the start of the week as the Prime Minister told MPs she did not yet have sufficient support to get her proposed Brexit deal through the House of Commons; hence her decision to postpone another vote on it.
May says not enough support for third meaningful vote
The government is not planning to table a third 'meaningful vote' on its Prime Minister Theresa May's Brexit deal due to a continued lack of support.
EU takes control of Brexit date as May flounders at summit
Theresa May lost control of the Brexit departure date on Thursday as EU leaders agreed a short postponement despite an appeal for a three month delay from the British prime minister.
Brexit: May will write to Tusk to request extension
Theresa May will write to European Council president Donald Tusk to request a delay to the Brexit deadline, Downing Street confirmed on Tuesday afternoon.
Brexit: Speaker rules out third meaningful vote
Theresa May cannot bring her Brexit deal back for a third 'meaningful vote', the House of Commons speaker ruled on Monday, sending the pound plummeting again.
Brexit: Pound slides on doubts over No10's prospect of success
Currency markets were pessimistic on Monday that Theresa May can pull a Brexit rabbit from the hat as she tries to bring sceptical backbenchers and Northern Ireland’s DUP round to supporting her exit deal.
ERG plans to ensure original Brexit date is upheld
Eurosceptic European Research Group brexiteer Steve Baker has said that he has plans to ensure the UK leaves the European Union on the original Brexit date, 29 March.
China activity data for February receives mixed response from economists
Chinese economic activity slowed down a tad more quickly than expected at the start of 2019, a batch of economic reports revealed, with economists emphasising the negatives in the latest figures.
European parliament rejects launch of EU-US trade talks
European lawmakers have rejected proposals to launch trade talks with the United States.
UK parliament defies govt to rule out no-deal Brexit
UK MPs defied Theresa May and voted to rule out a no-deal Brexit on Wednesday in dramatic scenes, sending the pound climbing higher on Wednesday night.
Attorney General: UK still at risk of being stuck in backstop
The Attorney General has stated that Theresa May’s tweaked withdrawal agreement has reduced the chances of the UK being caught permanently in the Irish backstop – but that the legal risk “remains unchanged”.
Pound pops as May secures 'legally binding changes' to Brexit deal
Theresa May “secured legally binding changes” to her Brexit deal during a hastily arranged trip to meet European Commission president Jean-Claude Juncker in Strasbourg on Monday night.
FX round-up: Traders forced to cover shorts as May packs bags for Strasbourg
News that the Prime Minister might be headed to Strasbourg for a last-ditch attempt to win concessions from Brussels saw skittish FX traders forced into pushing the pound higher.
Pound wavers on conflicting reports ahead of meaningful vote
Sterling wobbled but recovered on Monday as reports emerged from Westminster that Theresa May was poised to pull the 'meaningful vote' on her Brexit deal.
ECB front runs deteriorating macro backdrop, launches TLTRO III
The European Central Bank has unexpectedly gone ahead and unveiled a new round of cheap loans for the bloc's lenders and pushed back its so-called 'forward guidance', taking the possibility of interest rate hikes in 2019 off the table.
British consumers do not understand cryptocurrencies - FCA
A majority of British consumers do not know what cryptocurrencies are – and those who are buying the digital assets do not fully understand what they purchasing, according to Financial Conduct Authority.
FX round-up: Sterling little changed, Aussie and Loonie weaker
Sterling finished the session flat against the other majors, with traders apparently choosing to stay on the sidelines ahead of the two main risk events of the week: the European Central Bank's policy meeting on Thursday and US non-farm payrolls figures on Friday.