Financial news: banks, currency

Firm financial stocks and impressive euro area economic figures triggered a bounce in European equities at the end of an anxious week characterized...

Sterling gained versus its major counterparts on Thursday after the Bank of England held interest rates unchanged but boosted anticipations that it...

China-based smartphone maker Xiaomi has begun to take institutional investors’ orders for its initial public offering (IPO) in Hong Kong,...

Autos stocks dragged down European shares on Thursday, after the Mercedes-Benz maker Daimler issued an unexpected profit warning due to the...

European stocks rose slightly on Wednesday but the moderate recovery failed to offset the previous session’s declines as traders’...

The pound dropped to a lowest level for 2018 on Tuesday, as global trade turmoil hit risk sentiment.

A deepened protectionist trade dispute between the U.S. and China - two biggest world's economies - boosted a selling in European markets on...

Sterling slipped on Monday as the greenback firmed, with investors cautious to purchase currency before a central bank policy meeting due later...

European stocks slid in morning deals on Monday as concerns over a trade war between the two largest world economies kept traders cautious.

Sterling firmed on Friday above its weakest level since November, after impressive U.S. retail sales and a more hawkish Federal Reserve tone...

European stocks were on track for their best performance for the week in more than three months on Friday, after recent European Central Bank...

The euro was on course for its worst weekly decline in 19 months following cautious European Central Bank's approach to roll back its...

European stocks retreated on Thursday, as mining shares were hit by worries over China’s economic state, and as investors awaited the...

The pound gained to a five-day top on Thursday after Britain’s retail sales leaped for a second straight month in May and far overpassed...

The pound slumped to a one-week nadir on Wednesday as fresh inflation figures failed to inspire investors that the Bank of England would increase...

European stocks indexes struggled for direction in early trading on Wednesday as traders waited for further signals from the U.S. Federal Reserve...

Sterling inched up on Tuesday as investors shrugged off poor fresh wage growth figures and turned their attention to the start of an important...

European shares reversed early gains on Tuesday, with traders digesting results of symbolic deal on denuclearization of the Korean peninsula...

Coinrail, virtual currency exchange based in South Korea, reported that a hack against it was carried out in the weekend, causing bitcoin to plunge...

Gold futures edged down on Monday as a cautious sentiment took over ahead of the meeting between U.S. and North Korean leaders and two major...

Skype The pound fell versus its major counterparts on Monday after Britain's manufacturing production showed its largest monthly slump since...

European banking stocks and Italian shares soared on Monday after the new Italian economy minister Giovanni Tria said the country has no intention...

The euro inched up on Monday as investors awaited the European Central Bank’s policy meeting on Thursday for when and how it would end asset...

Global stocks fell today as the upcoming G7 summit is expected to be largely focused on trade disputes and as risk sentiment is burdened by return...

Alphabet shares slumped yesterday on the back of the news that the EU is going to inflict a fine on the company for abuse of dominance linked to...

The pound advanced to more than two-week top on Thursday, buoyed by broadly dollar weakness due to an extending rally in the European single...

European stocks joined an overnight rally in the U.S. and in Asia on Thursday, with the banking sector among the best performers amid anticipations...

The euro traded near two-week peak versus its major counterparts on Thursday after two ECB policymakers said the central bank may announce at...

Investors estimate at 90% probability the ECB’s next interest rate hike in July next year, after today’s hardline comments of the...

Cost of borrowing in Italy continued to go up today, as the new government shows no intention of easing plans for hefty spending in the third...

European shares moved higher on Wednesday, supported by rise in tech and commodity-related stocks, although investors remained anxious over Italian...

The euro was stable on Wednesday as traders awaited the European Central Bank’s policy meeting next week, while worries that the United...

A two-day rebound in European stocks lost momentum on Tuesday as the deepened tensions in U.S.-China trade negotiations and political turmoil in...

Societe Generale SA has reached an agreement in principle with U.S. and French authorities to pay about $1.3 billion to resolve a probe into the...

European stocks continued to rise on Monday supported by bank sector as dealmaking came to the forefront after a week of political turmoil in Italy...

Gold slumped on Friday, pushing prices for their lowest level in more than a week as strong U.S. jobs data for the month supported the dollar.

The pound fluctuated not far from a six-month nadir on Friday shrugging off fresh figures showing UK manufacturing growth quickened in May for the...

European stocks inched up on Thursday, as traders awaited any signs of new political developments in Italy and trade war worries affected German...

The pound soared above $1.33 on Thursday as the dollar dropped across the world, with investors awaited business surveys due in coming days.

The euro continued to climb on Thursday as traders waited for any fresh political developments out of Italy, wondering whether a political crisis...

The pound surged on Wednesday from the previous session’s six-month trough, as major currencies firmed after Italy’s political crisis...

Goldman Sachs reported today it had reduced its 3, 6 and 12-month prediction for euro-dollar based on political crisis in Italy.