Prime Minister Boris Johnson will not start talks with European Union leaders over Brexit unless they first agree to his demand to reopen the divorce deal they struck with his predecessor, Theresa May.
- Pound Falls Against Dollar Amid Brexit Fears – Wall Street Journal
- Sterling Tumbles to Two-Year Low as Market Fears Grow Over No-Deal Brexit – Financial Times
Brussels has hit back at claims the EU is unprepared to cope with the fallout of a no-deal Brexit, rejecting a report from Britain’s largest employer organisation that suggested the bloc was even less ready than the UK to withstand a chaotic departure.
The Federal Open Market Committee will meet as scheduled on Wednesday despite U.S. government offices opening late in Washington due to inclement weather, the Federal Reserve Board said in a statement on Tuesday.
The Swiss central bank appears to have taken its most significant steps to weaken the Swiss franc in two years, after looming rate cuts from US and European central banks put upward pressure on the currency.
The next head of the International Monetary Fund will have to deal with trade wars, currency manipulation and new digital currencies, a strategist says.
Xi is believed to be under extra scrutiny amid the ongoing protests in Hong Kong, and he needs something to show in order to appease his critics.
China has for the first time disclosed its return on investment of its foreign exchange reserves and the share of US dollar-denominated assets in the stockpile.
Mexican President Andres Manuel Lopez Obrador said on Monday he would like the Mexican central bank to not only focus on controlling inflation but also think about growth in Latin America’s second-largest economy.
Barclays and JP Morgan Chase are among five banks being sued in a U.K. antitrust court by investors over allegations that they manipulated the global foreign exchange market in a U.S.-style class action seeking more than £1 billion ($1.2 billion).
High-frequency trading firms are hitting a growing number of “speed bumps” around the world – the latest blow to a business that has struggled in recent years.
CFTC chairman Tarbert lays out priorities as he assumes the helm at the US regulator.
The US Commodity Futures Trading Commission today issued an order filing and settling charges against Curtis Dalton of Middleton, Massachusetts, requiring him to pay $200,000 for offering illegal off-exchange retail commodity transactions to U.S. and overseas customers while failing to be registered by the CFTC as required.
Germany’s Constitutional Court on Tuesday rejected a challenge to the European Central Bank’s authority to supervise the euro zone’s biggest banks, dismissing yet another German objection to the central bank’s powers.
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet.
Crypto will take center stage on Capitol Hill for the second time in as many weeks when the US Senate Banking Committee convenes Tuesday to discuss current and potential regulations.
A key moment from Facebook’s blockchain lead David Marcus’ testimony in front of Congress was an exchange he had with House Financial Services Committee Chair Maxine Waters.
New York-based Jason Vitale has been promoted to global head of FX at BNY Mellon, a spokesperson confirms.
For now, investors are more focused on the profit potential of the LSE’s $15 billion acquisition of Refinitiv than on the financial and operational hurdles.
Worries about the US-China trade war are running high during the current US quarterly reporting season, with companies as diverse as Juniper Networks and O’Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.
Broadway Technology, which provides fixed income and FX front office solutions, today announced record results for 2018 and continued momentum in 2019.
The bank plans to slash jobs across its fixed-income and stock-trading operations over the course of 2019, according to people familiar with the matter.
The yen was little changed versus the dollar on Tuesday, trading near a three-week low after the Bank of Japan left monetary policy on hold as expected, and as investors pared expectations for aggressive rate cuts from the US Federal Reserve.
Japan’s factory output tumbled the most in nearly 1-1/2-years in June, data showed on Tuesday, adding to a slew of indicators suggesting slowing global growth and the bruising U.S.-China trade war were taking a toll on the export-reliant economy.
Much has been conjectured about Britain’s Brexit blues and the risk of a fatal crash out of Europe on bitter no-deal terms in three months’ time, but with new UK Prime Minister Boris Johnson now installed and leading the charge out of the European Union, this might be the occasion to ponder the unthinkable.