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Patrick Graham

Global Markets: Apple takes shine off stocks rally

Sep 13 2017

LONDON Disappointment over the timing of Apple’s iPhone X release hampered further gains for world stock markets on Wednesday after an easing of concerns about North Korea sent indices to record highs.

Sterling climbs to one-year high as inflation jumps

Sep 12 2017

LONDON Sterling surged by almost 1 percent on Tuesday to its highest level in a year against the dollar, after a report showed UK inflation rose to match its highest in more than five years, adding pressure on the Bank of England to do more to support the currency.

BoE expectations boost pound to three-and-a half-week high vs euro

Sep 11 2017

LONDON Britain's pound rose to a three-and-a-half-week high against the euro on Monday, helped by speculation that the Bank of England may sound more hawkish on interest rates this week in defence of the currency.

Bank of England fear factor and data bounce help sterling

Sep 08 2017

LONDON Stronger-than-expected manufacturing data and a weaker dollar helped Britain's pound rise above $1.32 for the first time in five weeks on Friday as a wave of selling in the past month ran out of steam.

Sterling tops $1.31 for first time in 5 weeks

Sep 07 2017

LONDON Britain's pound jumped above $1.31 for the first time since early August on Thursday, pulled up by a euro that was stronger across the board on the view that the head of the European Central Bank had not tried to strongly talk down the euro.

Sterling grinds higher versus dollar, euro

Sep 06 2017

LONDON Sterling hit its highest in a month against the dollar on Wednesday, a day after its biggest rise in nearly two months, as investors trimmed some bearish bets before parliament discusses the European Union repeal bill.

Global stocks dip, yen and gold gain after North Korea test

Sep 04 2017

LONDON Stocks and the dollar fell on Monday while the Japanese yen, gold and sovereign bonds rose after North Korea's most powerful nuclear test to date dampened investor appetite for risk. | Video

Sterling hits three-week high, rebounding after weakest month in 10

Sep 01 2017

LONDON Sterling hit a three-week high on Friday, boosted by a stronger-than-expected business sentiment survey as well as a forecast-lagging U.S. non-farm payrolls report that knocked the dollar down.

Sterling struggles after worst week since early June

Aug 21 2017

LONDON Sterling edged up against a broadly weaker dollar on Monday, but lost more ground against the euro as doubts around UK economic growth and Brexit talks continued to weigh on the currency.

Sterling touches three week low vs dollar

Aug 10 2017

LONDON Sterling touched a three-week low against the dollar on Thursday as a mixed bag of output and trade data did little to alter investors' downbeat view of an economy struggling to meet Bank of England targets.

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