LONDON, June 20 When Standard and Poor's raised
Russia's sovereign outlook to positive from stable in March, the
ratings agency said it was expecting growth to improve as the
country emerged from a two-year recession.
LONDON Sterling sank to a 10-day low against the euro on Friday after a surprise third monthly fall running in British retail sales pointed to weakening consumer sentiment as the government gets ready to launch talks on leaving the European Union.
LONDON Sterling touched one-week lows against a broadly stronger dollar on Wednesday after U.S. consumer prices had their biggest jump in nearly four years and retail numbers beat expectations.
LONDON Sterling rose against the euro for a sixth straight day on Monday, chalking up its best run in over four months as the euro zone currency struggled to shake off French political worries and Greek debt strains.
, DAVOS, Switzerland - British Prime Minister Theresa May gave her most decisive Brexit speech to date on the day the World Economic Forum in Davos kicked off, confirming that she favoured a clean break from the European Union.
, DAVOS, Switzerland - Despite talks to resolve the decades-long conflict in Cyprus ending without an agreement, the head of the European Bank for Reconstruction and Development (EBRD) remains optimistic Cypriot leaders on both sides will strike a deal this summer.
Nov 16 Increasing volatility in European fixed
income markets spurred by political risk factors will continue
to overshadow economic fundamentals in the coming year, Franklin
Templeton's head of European fixed income said on Wednesday.
LONDON The pound hit above $1.26 for the first time in five weeks on Friday, on track for its best fortnightly performance in eight years as investors focussed on risky political events in the euro zone and businessman Donald Trump's U.S. presidential victory.
LONDON Sterling steadied around $1.24 on Tuesday in nervous trade, with markets holding their breath as Hillary Clinton and Donald Trump approached the finishing line in a tight U.S. presidential election race.
LONDON Worries over the fate of Bank of England Governor Mark Carney in a fractious UK political scene helped keep sterling on course for its weakest month since June on Monday, losing around a quarter of a cent to fall back below $1.22.