currencies

Markets jittery as trade war and recession worries spook investors -as it happened

Markets jittery as trade war and recession worries spook investors -as it happened

Beijing has alarmed investors by threatening counter-measures against the US, threatening to escalate the trade warLatest: Beijing says US has violated trade agreementFTSE 100 hits five-month
Markets jittery as trade war and recession worries spook investors -as it happened

Markets jittery as trade war and recession worries spook investors -as it happened

Beijing has alarmed investors by threatening counter-measures against the US, threatening to escalate the trade warLatest: Beijing says US has violated trade agreementFTSE 100 hits five-month
Markets slide as Germany faces recession, and US and UK yield curves invert – business live

Markets slide as Germany faces recession, and US and UK yield curves invert – business live

Investors are alarmed to see longer-dated UK and US bonds trading at lower interest rates than shorter alternatives, a possible sign of recessionLatest: Dow Jones falls 400+ points in early
Dow tumbles 800 points as US and UK yield curves invert – as it happened

Dow tumbles 800 points as US and UK yield curves invert – as it happened

Investors are alarmed to see longer-dated UK and US bonds trading at lower interest rates than shorter alternatives, a possible sign of recessionTHIS LIVE BLOG HAS CLOSED: Follow the latest business
Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump,
Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump,
Argentinian peso plunges as centre-left win election primary

Argentinian peso plunges as centre-left win election primary

Investors spooked by prospect of populist left-leaning administration in Buenos AiresArgentina’s currency plunged on Monday after the country’s centre-left opposition leader won an election primary,
Could devaluation of China's yuan trigger the next financial crisis? | Larry Elliott

Could devaluation of China's yuan trigger the next financial crisis? | Larry Elliott

Anyone looking around for bad economic news in this ‘silly season’ is spoilt for choiceEvery now and then, August belies its reputation as a sleepy month when nothing happens and throws up an event
Pound recovers after hitting 10-year low against euro – as it happened

Pound recovers after hitting 10-year low against euro – as it happened

Sterling bounces back; global stocks slide and gold risesCathay Pacific shares drop after airline bows to China pressureSaudi Aramco, the world’s most profitable company, makes $47bn profit Closing
Pound hits two-year low after UK economy contracts in second quarter – as it happened

Pound hits two-year low after UK economy contracts in second quarter – as it happened

GDP shrank by 0.2% in the second quarter amid manufacturing slump Recession fears grow as UK economy shrinks on back of Brexit chaosSchoolchildren in China work overnight to produce Amazon Alexa
Surprise rise in Chinese exports boosts global stocks – as it happened

Surprise rise in Chinese exports boosts global stocks – as it happened

Greek unemployment drops to eight-year low Weekly US jobless claims better than expected Gold, a safe-haven asset, hovers near $1,500 an ounce 2.49pm BST A degree of calm has returned to world stock
Royal Mint makes no 1p or 2p coins for first time in decades

Royal Mint makes no 1p or 2p coins for first time in decades

No 1p coins were struck for first time since 1972, after sharp recent fall in use of cashThe Royal Mint produced no 1p or 2p coins last year.For the first time since 1972, no 1p coins were struck for
European stock markets rise as US-China standoff eases – business live

European stock markets rise as US-China standoff eases – business live

Markets cheered by US assurances, despite weaker yuanGerman industrial slump raises recession fearsThree central banks cut interest ratesHalifax: UK House prices fall for second month 2.51pm BST Gold
UBS to charge super-rich for cash deposits

UBS to charge super-rich for cash deposits

Move means savings of £1.7m would attract fee of £10,700 for clients in SwitzerlandSwiss banks are to start charging their super-rich clients to look after their piles of cash.UBS, the world’s largest
Pound rises, European shares recover after two-day sell-off – as it happened

Pound rises, European shares recover after two-day sell-off – as it happened

China warns Washington’s labelling of Beijing as a currency manipulator could cause chaos in financial markets, and acts to prop up yuanEuropean shares rise after strong German factory orders 3.07pm
China accuses US of 'deliberately destroying' world order

China accuses US of 'deliberately destroying' world order

Trade war rhetoric ratchets up as Beijing responds to US claim of being ‘a currency manipulator’China stepped up the trade war rhetoric on Tuesday, accusing the US of “deliberately destroying

Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge

Markets are in a tizzy over the US-China trade row. But what might come next?
Brexit weekly briefing: election speculation and sliding sterling

Brexit weekly briefing: election speculation and sliding sterling

With Boris Johnson’s majority cut to one, an autumn general election is looking increasingly likelyWelcome to the Guardian’s weekly Brexit briefing. If you would like to receive this as a weekly
Australian stock market down 2.4% as US-China trade war hits home

Australian stock market down 2.4% as US-China trade war hits home

Economists say a reluctant Canberra may need to spend cash to get Australia moving as ASX200 index falls for fifth day in a rowAn escalating trade war between the US and China has pushed the
US stocks suffer worst day of year as trade fears spook markets

US stocks suffer worst day of year as trade fears spook markets

Concerns over full-scale currency war as Trump renews attack on ChinaFinancial markets around the world have fallen sharply amid growing fears that the US-China trade dispute could escalate into a