Hints and tips:
...On commodities markets, Brent crude, the international benchmark, pared early gains to settle 1.7 per cent higher at $85.09 a barrel, while its US counterpart, WTI, increased 1.7 per cent to $78.47 a barrel...
...We will update estimates in due course, for this and for currency....
...Yield on the 10-year paper maturing in October 2029 jumped 24.7 basis points (0.247 percentage points) to 7.92 per cent, according to Bloomberg data....
...of sterling as an international currency....
...Now, as he faces a referendum on his first two years in office in the US midterm elections in November, he is counting on optimism in the rust belt states to help prevent a Democratic backlash reversing...
...15.7 per cent respectively....
...As a result, its first quarter performance was boosted by weaker sterling but it also achieved a 17 per cent increase in rental revenue with currency effects stripped out....
...But since it invoices in the UK currency, with powerful customers insisting on long-term contracts at pre-agreed prices, United is painfully exposed to sterling’s fall....
...In China the Shanghai Composite gained 0.7 per cent and the tech-focused Shenzhen Composite added 0.3 per cent. In Sydney, the S&P/ASX 200 index was off 0.2 per cent....
...Australia’s S&P/ASX 200 rose 0.7 per cent, with a strong performance by gold miners....
...(+0.55%) at 1,339 FTSE100 up +56.99 (+0.85%) at 6,730 CAC 40 unchanged 0.00 (0.00%) at 4,373 Dax unchanged 0.00 (0.00%) at 10,431 Currencies €/$ 1.12 (1.12) $/¥ 102.04 (102.09) £/$ 1.32 (1.32) €/£ 0.8496...
...Base metals on the London Metal Exchange also declined on Monday, while gold was 0.1 per cent lower at $1,247.85 in Asia today....
...The price of Brent crude, which in the previous session touched $47.17 a barrel, flirting with two month lows on global demand concerns, is currently up another 0.1 per cent to $48.85....
...The market expected a 12-month forward exchange rate of SR3.85 to the dollar, a 2.7 per cent devaluation from the SR3.75 level that has, in essence, held since 1986....
...West Texas Intermediate, the US marker, was down 1.1 per cent at $30.85....
...China’s currency weakened against the dollar on Monday despite the sharpest rise in the daily renminbi fix in a decade....
...This model also suggests that the dollar-pegged currencies of Gulf states such as Saudi Arabia, Qatar, the United Arab Emirates, Kuwait and Oman are about 20 per cent overvalued....
...A pair of jeans in the Angolan capital will set you back $247.53, more than four times the cost of the same item in New York....
...(-0.20%) at 1,425 FTSE100 down -42.22 (-0.68%) at 6,187 CAC 40 unchanged 0.00 (0.00%) at 4,655 Dax unchanged 0.00 (0.00%) at 10,230 Currencies €/$ 1.14 (1.14) $/¥ 119.73 (120.03) £/$ 1.56 (1.56) €/£ 0.7311...
...It’s a reasonable time for the gasper maker to do this deal, given the depressed state of Brazilian stocks....
...Although the rupiah has stabilised a little, it was still the worst-performing currency in the Asean 5 in November, down 0.85 per cent against the US dollar....
...at 67.88bp Markit iTraxx Xover -30.4bps at 297.51bp Markit CDX IG -3.38bps at 69.34bp Sources: FT, Bloomberg, Markit...
...The cruise company, which takes one in every two cruisers on holiday each year, in October announced a joint venture with the China State Shipbuilding Corporation to buy or build seven new cruise ships in...
...(-0.49%) at 1,579 FTSE100 down -12.33 (-0.18%) at 6,655 CAC 40 up +4.17 (+0.08%) at 5,087 Dax down -8.56 (-0.07%) at 11,512 Currencies €/$ 1.10 (1.10) $/¥ 123.85 (123.92) £/$ 1.55 (1.55) €/£ 0.7068 (0.7077...
...) down -0.19 at 63.12 Light Crude (Nymex) down -0.22 at 58.91 100 Oz Gold (Comex) up +4.30 at 1,172 Copper (Comex) unchanged 0.00 at 2.72 10-year government bond yields (%) US 2.40% UK 2.08% Germany 0.85%...
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