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Currencies British Pound

  • *FTSE 100 up 0.2 pct. *UK outperforms European shares as sterling slides. But the pound's tumble gave a boost to dollar-earning companies on the FTSE 100, with Unilever, Diageo and AstraZeneca up around 1 percent or more.

  • NEW YORK, Nov 13- World stock markets were down on Monday amid uncertainty over the fate of U.S. tax reform efforts, while Britain's pound fell on growing concerns about the future of Prime Minister Theresa May. Investors were waiting for any signs of compromise on U.S. tax policy after U.S. Senate Republicans on Thursday unveiled a plan that would cut corporate...

  • NEW YORK, Nov 13- Sterling slipped to a one-week low against the U.S. dollar on Monday, buffeted by political headwinds that put it on course for its biggest daily loss in eleven days. The Sunday Times reported that 40 lawmakers from British Prime Minister Theresa May's Conservative Party had agreed to sign a letter of no-confidence in her, eight short of the number...

  • *European shares fall, but weak pound lifts FTSE. LONDON, Nov 13- Uncertainty over a U.S. tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain's pound fell on growing concern about the future of Prime Minister Theresa May. Shares in Frankfurt, Paris and Milan fell around 0.5 percent, but London's blue-chip FTSE...

  • *FTSE 100 up 0.2 pct. *UK outperforms European shares as sterling slides. Export-oriented companies drove the FTSE 100 up 0.2 percent by 0820 GMT, but bank stocks suffered as sterling dropped.

  • LONDON, Nov 13- Sterling fell by nearly one percent on Monday, buffeted by political headwinds that put it on course for its biggest daily loss in more than 10 days. The Sunday Times reported that 40 lawmakers from Prime Minister Theresa May's Conservative Party had agreed to sign a letter of no-confidence in her-- eight short of the number needed to trigger a...

  • LONDON, Nov 13- Sterling fell by nearly one percent on Monday, buffeted by political headwinds that put it on course for its biggest daily loss in more than 10 days. The Sunday Times reported that 40 lawmakers from Prime Minister Theresa May's Conservative Party had agreed to sign a letter of no-confidence in her-- eight short of the number needed to trigger a...

  • LONDON, Nov 13- Uncertainty over a U.S. tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain's pound fell on growing concern about the future of Prime Minister Theresa May. Stock markets in Frankfurt, Paris and London edged up in early European trade after suffering their worst week since August on Friday.

  • LONDON, Nov 13- The dollar edged higher on Monday as last week's spike in U.S. bond yields supported the currency, with sterling-- battered by political headwinds-- the biggest loser. The Sunday Times reported that 40 members of parliament from British Prime Minister Theresa May's Conservative Party have agreed to sign a letter of no-confidence in her.

  • *Oil supported on tension in Saudi Arabia. TOKYO, Nov 13- Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Spread betters expect France's CAC and Germany's DAX to open almost flat, while Britain's FTSE is seen rising 0.3 percent from Friday's six-week low.

  • The dollar was on a firmer footing ahead of domestic economic data, including inflation and retail sales numbers, due later this week.

  • *Oil supported on tension in Saudi Arabia. By Friday's close on Wall Street, the S&P 500 index had snapped an eight-week winning streak as investors took profits after U.S. Senate Republicans had unveiled a new tax plan that differed from the House of Representatives' version. "All eyes are on what the Senate and the House of Representatives will do on their tax...

  • *Oil supported on tension in Saudi Arabia. By Friday's close on Wall Street, the S&P 500 index had snapped an eight-week winning streak as investors took profits after U.S. Senate Republicans had unveiled a new tax plan that differed from the House of Representatives' version. "All eyes are on what the Senate and the House of Representatives will do on their tax...

  • Delayed Brexit talks have hindered foreign investment and other economic activity in the U.K, says Daniel LaCalle, chief economist at Tressis.

  • LONDON, Nov 10- Sterling closed the week on firmer ground, climbing around half a percent against the dollar on Friday as better-than-expected data on British industry and rising confidence in the progress of Brexit talks supported the currency. The European Union's chief negotiator Michel Barnier said the bloc was willing to reach an accord on an orderly...

  • LONDON, Nov 10- Sterling closed the week on firmer ground, climbing around half a percent against the dollar on Friday as better-than-expected data on British industry and rising confidence in the progress of Brexit talks supported the currency. The European Union's chief negotiator Michel Barnier said the bloc was willing to reach an accord on an orderly...

  • LONDON, Nov 10- Sterling gained brief respite on Friday after better-than-expected data, but signs of strength in British industry failed to lift the mood of gloom over Brexit that has weighed on the currency. Small steps in the right direction must be celebrated at a time where political dismay and negotiations across the Channel dominate headlines, "said Alex...

  • LONDON, Nov 10- Sterling consolidated losses on Friday as political uncertainty around the progress of negotiations over Britain's departure from the European Union continued to weigh on the currency. With the clock ticking on Brexit talks and a turbulent week in Westminster ramping up doubts about British Prime Minister Theresa May's ability to secure a...

  • 100 dollar bills

    Disappointment that a landmark U.S. tax overhaul may be delayed until 2019 put a brake on the currency's recent rally.

  • LONDON, Nov 9- Sterling fell for a third consecutive day on Thursday as growing political turbulence surrounding Prime Minister Theresa May's government sapped institutional investors' demand for British assets. "You're not getting a lot of decisiveness on the part of real money investors I don't think real money flows are that significant in sterling at the...