United States

Yumna Mohamed

Q&A-Geopolitical risk key for Russia's ratings recovery - S&P

Jun 20 2017

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.

Sterling drops on weak UK retail sales under Brexit shadow

Feb 17 2017

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.

Sterling hits one-week lows as slow wage growth dampens spirits

Feb 15 2017

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.

Sterling's best run since September hits euro for six

Feb 13 2017

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.

Unravelling EU/UK trade like unscrambling omelette: ITC

Jan 17 2017

, 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.

EBRD optimistic on Cyprus talks

Jan 17 2017

, 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.

Q&A-Focus on politics, but don't forget ECB -Franklin Templeton

Nov 16 2016

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.

Sterling hits above $1.26 for first time in five weeks

Nov 11 2016

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.

Sterling steadies versus dollar as all eyes fix on U.S. election

Nov 08 2016

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.

Worst month since June for pound as Carney meets PM

Nov 07 2016

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.

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