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Brexit turmoil hammers pound but stocks hold steady

Nov 15 2018 17:43

The pound dived Thursday as a string of British government resignations appeared to put a draft Brexit deal in serious jeopardy, dealers said.


Markets WRAP: Pound takes Brexit tumble as rand gains

Nov 15 2018 08:51

The rand was trading 2.51% stronger against the pound on Thursday afternoon after Prime Minister Theresa May was hit by two Cabinet resignations, and news she may face a no-confidence vote over Brexit.

International Markets

Pound tumbles, gilts rally as UK Brexit Secretary steps down

Nov 15 2018 12:09

The pound slumped and gilts rallied after Dominic Raab quit as UK Brexit Secretary less than 24 hours after Prime Minister Theresa May said she had won cabinet approval for a deal with the European Union.

International Markets

European stocks rise at open

Nov 15 2018 11:00

European stocks rose in opening deals, after British Prime Minister Theresa May won the backing of her cabinet for her Brexit deal but suffered a ministerial resignation.

International Markets

Oil trades near $56 as US inventory gain counters OPEC's plan

Nov 15 2018 10:34

Oil traded near $56 a barrel after snapping a record losing streak as traders assessed signs of rising US crude inventories against the prospect of OPEC and allies cutting output.

International Markets

WATCH: Wall Street falls

Nov 15 2018 08:43

U.S. stocks fell as financial stocks were hit by fears of tightening regulations on the banking industry.

International Markets

Tokyo stocks close down as bank shares tumble

Nov 15 2018 08:48

Tokyo stocks fell, dragged down by the banking sector after a drop in US bank shares on regulation concerns, as worries lingered about Brexit and oil prices.

International Markets

Pound struggles to take flight after Cabinet backs Brexit deal

Nov 15 2018 08:26

The pound edged higher, while failing to hold strongest levels, after the UK Cabinet approved a draft Brexit plan, clearing a key hurdle to finalizing a divorce deal with the European Union.

International Markets

Asian markets mixed but traders on edge, pound holds ground

Nov 15 2018 08:03

Asian investors moved nervously as they struggled in the face of multiple headwinds, while oil prices resumed their drop and the pound struggled to hold its gains.

International Markets

Tokyo stocks open lower on firm yen amid uncertainty

Nov 15 2018 07:57

Tokyo stocks opened lower, with a higher yen and falls on Wall Street weighing on the market along with worries including Brexit uncertainty and falling oil prices.

International Markets

European stocks drop with all eyes on Brexit

Nov 14 2018 10:58

European stocks sank in opening deals after London finally struck a draft agreement with Brussels on the terms of Britain's withdrawal from the European Union.

International Markets

Oil's plunge knocks wind out of Wall Street

Nov 14 2018 07:55

Plunging oil prices and a weakened Boeing knocked the wind of out Wall Street, ending hopes of a quick rebound from Monday's sell-off.

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