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Pound falls as Brexit resignations rock UK government

Today's press

Pound falls steeply as Brexit resignations rock UK government

The pound has fallen steeply against major international currencies after Theresa May’s government was rocked by multiple resignations over her Brexit deal.

Italy government looking to avoid EU sanctions on budget

ROME (Reuters) - Italy’s government is looking to avoid European sanctions over its 2019 budget, Deputy Prime Minister Luigi Di Maio said on Thursday while stressing he did not want Italians to have to foot the bill.

U.S. Jobless Claims Rose in Line with Expectations Last Week

Investing.com - The number of people who filed for unemployment assistance in the U.S. rose in line with expectations last week, remaining in territory consistent with a strengthening labor market.

Philly Fed Index Falls in November

Investing.com - The Philadelphia Fed's manufacturing index fell in November, to a reading of 12.9 from 22.2 in October, the Philly Fed reported on Thursday.

Bitcoin Price Sell-Off Slows As RSI Hits Four-Year Low

Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.

Next trading day's important events

11:30 (GMT 3)  EMU - ECB President Draghi's Speech

13:00 (GMT 3)  EMU - Consumer Price Index - Core (MoM) (Oct)

Forex quotes:

USDJPY: 113.22

EURUSD: 1.1304

Indices:

S&P 500: 2693.54

NASDAQ: 7153.84

 


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