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Shoppers in Japan during the Lunar New Year celebrations. The country has reported two cases of Wuhan coronavirus infections . TOMOHIRO OHSUMI-GETTY

Coronavirus: European stocks sink as virus sparks investor panic

Europe’s main equity markets plunged at the open on Monday, mirroring losses elsewhere on investor panic over the deadly coronavirus.
(FILES) In this file photo taken on August 31, 2017 a British one pound sterling coin, and a one euro coin, are arranged for a photograph in central London. – Sterling soared Thursday, October 17, 2019 within a whisker of $1.3, striking five-month peaks after the European Union reached a draft Brexit withdrawal deal with London. (Photo by Daniel SORABJI / AFP)

Pound falls before Brexit votes

The British pound fell Tuesday awaiting key Brexit votes on Prime Minister Boris Johnson’s withdrawal agreement bill.
The pound slumped more than one percent versus the dollar and euro Wednesday as Britain’s government moved to extend the suspension of parliament, increasing the likelihood of a no-deal Brexit.

Pound dives on increased no-deal Brexit prospect

The pound slumped more than one percent versus the dollar and euro Wednesday as Britain’s government moved to extend the suspension of parliament, increasing the likelihood of a no-deal Brexit.
(FILES) In this file photo taken on October 05, 2017 British one pound sterling coins are arranged for a photograph in central London on October 5, 2017. – The British pound extended losses on March 20, 2019 after Prime Minister Theresa May requested EU leaders to delay Brexit until June 30, sparking greater uncertainty over the nation’s departure from the bloc. (Photo by Daniel SORABJI / AFP)

Pound steadies as London seeks new Brexit delay

The British pound steadied Friday after London requested another Brexit extension in the long-running saga, while global stocks mostly rose on hopes over China-US trade talks.
Pound

Pound rebounds above $1.32 on Brexit deal hopes

Sterling rallied above $1.32 on Tuesday on fresh hope that British Prime Minister Theresa May would avoid a chaotic no-deal Brexit, while global stock markets recovered.

Brexit delay request sends pound reeling

The pound fell sharply on Wednesday after British Prime Minister Theresa May announced it was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve’s interest rate call.
BP

London stocks jump on weak pound, strong BP profits

London’s stock market rallied Tuesday to a new two-month peak, supercharged by a Brexit-hit pound and energy giant BP’s surging annual profits, dealers said.
A trader laughs ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) on February 1, 2019 in New York City. – Wall Street stocks concluded another strong week with a nearly flat session on Friday, February 1, 2019, pausing from a heady January following strong jobs data and mixed earnings. Analysts said the rally that had propelled stocks since late December and produced the Dow’s best January in 30 years was showing signs of fatigue. (Photo by Johannes EISELE / AFP)

Global stocks mostly rise after strong US jobs data

Global stocks mostly rose Friday following strong US jobs data, though Wall Street’s rally showed signs of fatigue after the Dow finished its best January in 30 years.
The UK pound has continued to fall following the Brexit. AFP

Pound hits seven-week high on eve of vital Brexit vote

The British pound on Monday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said.
The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS-Arnd Wiegmann

Apple warning delivers fresh blow for markets, global growth

Stock markets retreated once more Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping as much as $55 billion from its value and dragging down share prices in the wider technology sector.

Oil slides to 1-year low at end of volatile trading week

Oil prices slumped to one-year lows Friday on lingering concerns over high crude supplies, while stocks diverged at the end of another volatile week for global markets.

Dollar dented by Donald Trump’s Fed comments

The dollar fell versus the euro and pound Tuesday after US President Donald Trump hit out at the Federal Reserve’s interest rate rises, accusing it of not backing his economic plan, while most equity markets climbed looking ahead to China-US trade talks.

European stock markets rise at open

Europe's main stock markets rose slightly at the start of trading on Friday, with London's benchmark FTSE 100 index up 0.1 percent at 7,768.96 points.

European stocks bounce on Italy deal, Spanish prime minister exit

European stock markets rallied on Friday after Italy reached a new coalition deal, with investors brushing aside trade war fears as they awaited key US jobs data.

European stock markets rise at open

European stock markets rose at the open on Friday awaiting key US jobs data, while British Airways-parent IAG shot to the top of the London stock market on soaring profits.

World stocks bounce back as trade fears ease

Global stocks railed higher Thursday as investors judged recent trade war fears were overblown, dealers said.

European stock markets slide at open

Europe's main stock markets fell in opening deals on Thursday after broad losses in Asia, extending this week's global sell-off on persistent worries over faster-than-expected US interest rate hikes.

European stocks slide on Fed rate-rise fears

European stock markets slid on Thursday after Federal Reserve minutes fanned expectations that US interest rates would rise further and faster than previously thought.

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