March 19 Reuters Londons FTSE 100 fell on Friday, hit by higher bond yields globally, while energy stocks dropped as fresh coronavirus lockdowns across Europe dampened hopes of a swift recovery in fuel demand. The bluechip FTSE 100 index was down 0.5, with oil heavyweights BP Plc and Royal Dutch Shell Plc falling 0.9 and […]

LONDON, March 19 Reuters The pound was steady on Friday, edging up slightly against the dollar and flat against the euro, a day after a Bank of England meeting that gave sterling traders little reason to change from their generally bullish outlook. Sterling has gained more than 2 so far this year against the dollar […]

The U.K.’s economic prospects are brightening and the pound sterling has been rallying as the nation continues a fast and comparatively successful rollout of its vaccine program.

Assets at cryptocurrency funds are approaching $40 billion, with almost $1 billion of inflows coming from exchange-traded securities this year.

The pandemic dominated headlines, upended daily life and changed the way sell-side firms work. Get unique insights into key trends and opportunities in 2021 with this new sell side report.

TOKYO, March 19 Reuters Japans benchmark Nikkei index fell while the broader Topix hit a 30year high, as the Bank of Japan BOJ said it would only buy Topixlinked exchange traded funds after a review of its policy framework. The Nikkei share average closed 1.41 lower at 29,792.05, while the broader Topix inched up 0.18 […]

ZURICH, March 19 Reuters Big Swiss banks UBS and Credit Suisse have strengthened plans for how they would stabilize themselves in a financial crisis, Swiss financial markets watchdog FINMA said on Friday, though it said there is still work to be done. FINMA continues to regard the Swiss emergency plans of the global systemically important […]

HANOI, March 19 Reuters Copper prices fell on Friday as the dollar firmed on the back of rising U.S. Treasury yields, making greenbackpriced metals more expensive for holders of other currencies. Threemonth copper on the London Metal Exchange was down 0.9 to 8,973.50 a tonne by 0542 GMT, while the mosttraded May copper contract on […]

SYDNEY, March 19 Reuters The Australian and New Zealand dollars were on the defensive on Friday after a plunge in oil prices spilled over into other commodities, while domestic economic data turned soft and broke a run of strong releases. A spike in Treasury yields to 14month highs also underpinned the U.S. dollar while slugging […]

Rates as of 0500 GMT Market Recap Yesterdays meeting of the Federal Open Market Committee FOMC, the ratesetting body of the US central bank, clarified how the group will react to changes in the economic picture in the context of its new flexible average inflation targeting FAIT framework. This new reaction function requires a much […]