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PM update: UK trade talks boosted, dollar up, GE tumbles
PM Theresa May got a boost from EU leaders earlier when UK trade talks were more or less rubber-stamped for December
Dollar climbs as US tax reform plans unlocked
Sterling was close to a 10-day low at 7am following approval by the US Senate of the Republican Party budget.
Apple slips on reported struggling iPhone 8 sales
Apple shares were down close to -3% earlier today as investors worried about reports of falling iPhone 8 sales.
Nikkei surges as Sunday's general election nears
A weaker yen combined with better exports data saw the Nikkei 225 climb
UK wage growth trails inflation buying power again
Sterling slipped slightly as UK wage growth and employment numbers landed from the Office of National Statistics earlier
Asian markets subdued on Communist Party 'new era'
Markets in Asia overnight were solid enough with the Nikkei 225 up +0.25% to 21,389.55
Mark Carney hints on rate retreat
Sterling fell -0.65% earlier as Bank of England governor Mark Carney fudged a rate hike commitment in the near future.
Sterling underwhelmed by PM's Brussels dash
Sterling so far remains unimpressed by Theresa May’s dash to Brussels yesterday
Dow Jones on track for 22,300
The Dow Jones surged over the 22,900 threshold earlier as it closes in on the next benchmark – 22,300
Nikkei hits 21-year high at 21,255
Overnight Asian markets continued to climb with the Nikkei up +0.63% at 21,289 and the Hang Seng up +0.96% at 28,746.
Weaker US inflation dents dollar but oil surges
Weaker US inflation numbers saw the euro and pound jump against the dollar earlier despite strong US sales
Pound rallies on Brexit transition hope
German media reports of a possible two-year Brexit transition period saw the pound leap yesterday evening
Pound cracks on Brexit deadlock but FTSE 100 surges
Sterling was hit by more Brexit bickering today, down -0.43% to $1.3165 shortly after 3.30pm.
Japanese stocks hits 21-year high
Asian stocks continued to rise overnight – better earnings power from Japanese business saw the Nikkei hit 20,951
Global stocks surge as Spanish threat cut
Despite the lurking Catalan worry the euro posted a +0.33% gain against the dollar today
Euro rises as Catalan anxiety eases
The euro managed to keep above $1.18 during Asian trading thereby keeping Catalan anxiety at bay
Will a North Korea-US war hit your trading portfolio?
Donald Trump has said he is willing to go to war with North Korea.
Seoul stocks soar despite extreme Pyongyang worry
The appalling relations between Pyongyang and Washington (not to mention Seoul, Tokyo and increasingly Beijing) were again forgotten in Asia today.
Pound rises on PM May survival hope
The pound continued to recover through the morning, up +0.40% by mid afternoon to $1.3137, but down from an intraday $1.3184 surge.