Wall Street stocks retreated Wednesday as lingering questions over Brexit talks and the state of US-China trade relation offset another batch of good earnings. Equity analysts pointed to doubts about whether revived efforts between British leader Boris Johnson and European Union officials will yield a Brexit agreement that can win ...
IBTimes | Wed, 16 Oct 2019 21:38:29
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FX Street | Wed, 16 Oct 2019 21:27:26
British Prime Minister Boris Johnson will go to Brussels early Thursday in a move to have some useful meetings for a Brexit deal, Beth Rigby, Sky News political editor, said in a tweet on Wednesday.
Reuters | Wed, 16 Oct 2019 21:19:51
WTI Tumbles After Huge Crude Build Oil prices rebounded today after a 2-day slump on hopes for a US-China deal and Brexit again, despite equity market weakness, weaker global growth (IMF) and plenty of supply (EIA forecasts US shale production surge) sparking concern. "The encouraging headlines surrounding the U.S.-China trade ...
Tyler Durden / Zero Hedge | Wed, 16 Oct 2019 20:38:22
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FX Street | Wed, 16 Oct 2019 20:31:33
UK Prime Minister Boris Johnson's hopes of securing a Brexit deal with the European Union may be tantalizingly close but the final breakthrough failed to emerge Wednesday night.
CNN | Wed, 16 Oct 2019 20:23:34
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FX Street | Wed, 16 Oct 2019 19:23:31
Boris Johnson has spent the day negotiating not only with Brussels but also with the DUP and the Brexiteers of the European Research Group (ERG).
Sky | Wed, 16 Oct 2019 19:16:00
The United Kingdom's border risks being snarled up in a no-deal Brexit because as few as 30 percent of traders are prepared, the European Union would introduce controls and organised crime groups would exploit weaknesses, the National Audit Office said.
Reuters | Wed, 16 Oct 2019 19:09:17
A legal challenge will be brought against British Prime Minister Boris Johnson's possible Brexit deal on the grounds that it contravenes domestic tax law, lawyer Jolyon Maugham said on Wednesday.
Reuters | Wed, 16 Oct 2019 19:06:29
Stocks Slightly Lower into Final Hour on Brexit Deal Concerns, Earnings Jitters, Profit-Taking, Tech/Energy Sector Weakness
Broad Equity Market Tone: Advance/Decline Line: Around Even Sector Performance: Mixed Volume: Around Average Market Leading Stocks: Performing In Line Equity Investor Angst: Volatility(VIX) 14.0 +3.0% Euro/Yen Carry Return Index 124.93 +.2% Emerging Markets Currency Volatility(VXY) 7.94 unch. S&P 500 Implied Correlation 33.33 +4.4% ISE Sentiment Index 119.0 -5.74% Total ...
Unknown / Between the Hedges | Wed, 16 Oct 2019 19:06:00
UK and EU officials are continuing technical talks, but there is no sign of a breakthrough ahead of Thursday's summit.
BBC | Wed, 16 Oct 2019 19:00:54
Negotiators failed to strike a deal on the eve of the summit
Jon Stone / The Independent | Wed, 16 Oct 2019 18:52:00
A new Brexit deal will not be agreed tonight, a government source has told Sky News.
Sky | Wed, 16 Oct 2019 18:47:00
Officials in London and Brussels have signalled a new Brexit agreement is in its final stages and could be agreed by EU leaders as soon as Thursday.
Al Jazeera | Wed, 16 Oct 2019 18:38:23
No further movement is expected on Wednesday towards finalising a Brexit deal with the European Union, a British government source said on Wednesday.
Reuters | Wed, 16 Oct 2019 18:34:29
EU agreement seems close but PM still needs support of unionists and own hardliners
FT | Wed, 16 Oct 2019 18:33:26
euronews | Wed, 16 Oct 2019 18:20:38
A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns about a slowing economy was offset by a solid start to earnings season, while sterling was volatile as negotiations on a Brexit deal continued.
Reuters | Wed, 16 Oct 2019 18:11:13
There will not be a finalised Brexit deal on Wednesday, BBC political editor Laura Kuenssberg reported, citing an unnamed UK government source.
Reuters | Wed, 16 Oct 2019 18:10:46
The London stock market, the British pound and the European populace, in general, were buoyed by rumors emerging about London and Brussels closing in on a comprehensive Brexit deal that would allow the UK to leave the European Union on October 31, one hour before midnight. Brexit's impact on the ...
Editorial Dept / Oil Price | Wed, 16 Oct 2019 18:00:00
The EU and Britain looked to be close to nailing down an elusive Brexit deal late Wednesday, just in time to be submitted to a key European summit.
IBTimes | Wed, 16 Oct 2019 17:54:59
Tenders worth £25m aim to meet supplies within 24 to 48 hours of being ordered
FT | Wed, 16 Oct 2019 17:54:56
EU and UK officials aim to finalise withdrawal agreement ahead of leaders' summit
FT | Wed, 16 Oct 2019 17:49:53
Markets are down slightly Wednesday and trading in a relatively narrow range so far, as investors struggle to make sense of mixed data. Retail sales numbers were weak across-the-board, while bank data was strong with growing loan growth, but a Brexit deal remains uncertain, and is troubling the market. "Some ...
Ian Young / ETF Trends | Wed, 16 Oct 2019 17:46:01
British and EU officials were on the verge of a last-minute Brexit deal on Wednesday but Prime Minister Boris Johnson still has work to do at home to ensure parliament approves the plan.
Reuters | Wed, 16 Oct 2019 17:34:08
French President Emmanuel Macron said on Wednesday a Brexit deal could be found between Britain and the European Union in the coming hours and endorsed by EU leaders at a summit in Brussels on Friday.
Reuters | Wed, 16 Oct 2019 17:33:47
German Chancellor Angela Merkel said she was slightly more optimistic that a deal could be reached on Britain's planned exit from the European Union given the news she had heard from Brexit negotiations in recent days.
Reuters | Wed, 16 Oct 2019 17:19:40
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FX Street | Wed, 16 Oct 2019 17:15:05
Brexit, enlargement, Turkey, climate change and the EU's next long-term budget all on the agenda.
POLITICO / Politico | Wed, 16 Oct 2019 17:12:20
Prime minister could still be forced to extend Article 50 after deadlines missed
Jon Stone / The Independent | Wed, 16 Oct 2019 17:08:00
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FX Street | Wed, 16 Oct 2019 17:01:28
Times of India | Wed, 16 Oct 2019 17:00:19
Backers of referendum say they have array of parliamentary weapons 'oiled and polished' for use at the right time
Andrew Woodcock / The Independent | Wed, 16 Oct 2019 16:58:00
French President Emmanuel Macron said on Wednesday a deal with Britain on its departure from the European Union was being finalised and could potentially be agreed on at a European Council summit on Thursday.
Reuters | Wed, 16 Oct 2019 16:55:57
Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers.
Reuters | Wed, 16 Oct 2019 16:45:32
British prime minister says 'outstanding issues' remain.
Charlie Cooper / Politico | Wed, 16 Oct 2019 16:40:11
A revised Brexit deal, acceptable to both UK and EU negotiators, remains elusive. What have been the main sticking points?
BBC | Wed, 16 Oct 2019 16:31:42
But British ministers have yet to confirm the session, which would be the first on a weekend for 37 years, because it all hangs in the balance over events in Brussels.
PTI / Financial Express | Wed, 16 Oct 2019 16:25:14
British applications for Horizon 2020 funding fall by 39% in 2015-2018
FT | Wed, 16 Oct 2019 16:03:45
A tentative, technical Brexit deal between the European Union and Britain was largely ready in Brussels on Wednesday afternoon and awaited an "overall backing" but the government in London, said sources with bloc.
Reuters | Wed, 16 Oct 2019 16:01:43
Prime Minister Boris Johnson told a meeting of Conservative lawmakers the European Union and Britain were almost there on a Brexit deal but that the peak of the mountain was still partly shrouded in cloud, sources in the room told Reuters.
Reuters | Wed, 16 Oct 2019 16:00:32
EU officials say the outcome of talks on both sides of the Channel should be known within hours.
BBC | Wed, 16 Oct 2019 15:51:24
A gauge of world stock markets was little changed on Wednesday on the heels of U.S. data that raised concerns about a slowing economy, while sterling was volatile as negotiations on a Brexit deal continued.
Reuters | Wed, 16 Oct 2019 15:47:10
Finnish Prime Minister Antti Rinne said on Wednesday he still hoped for a last-minute Brexit deal so that the European Union and Britain do not descend into a most damaging, chaotic split.
Reuters | Wed, 16 Oct 2019 15:40:08
After spending a lot of time on the streets campaigning, and putting out a few high-production campaign videos, Andrew Adonis has failed to make Labour's longlist for the Vauxhall seat. Failed to become an MEP, failed to become and MP and failing to reverse Brexit. Perhaps the unelected Lords is ...
Christian Calgie / Guy Fawkes' blog | Wed, 16 Oct 2019 15:38:48
British Prime Minister Boris Johnson told his cabinet of top ministers that there was a chance of agreeing a new Brexit deal with the European Union but the deal was not done yet, his spokesman said on Wednesday.
Reuters | Wed, 16 Oct 2019 15:37:50
FT | Wed, 16 Oct 2019 15:37:46
Citigroup Inc. is set to price its second sterling bond this year, after rushing into the market before a European Union meeting that will be key for Brexit. The lender offered the previously... To view the full story, click the title link.
Crain's NY | Wed, 16 Oct 2019 15:26:55
Danny Boyle / Telegraph | Wed, 16 Oct 2019 15:16:05
Sterling came off five-month highs and stocks traded sideways on Wednesday as the European Union and Britain sought to avert a disorderly Brexit before an EU summit on Thursday. Hopes of a breakthrough lifted markets on Tuesday, but investors turned more cautious after looking for a deal during the night ...
Alfonso Esparza / OANDA | Wed, 16 Oct 2019 15:05:11
Gold held steady on Wednesday after dropping nearly 1% in the last session, as European stocks slipped on uncertainties surrounding Britain's departure from the European Union, while palladium hit a new high on tight supplies. Spot gold was up 0.1% at $1,482.84 per ounce. U.S. gold futures were up 0.2% ...
Alfonso Esparza / OANDA | Wed, 16 Oct 2019 15:03:49
Article 50 meeting had originally been due to go ahead at 2 p.m.
Jacopo Barigazzi, Hans von der Burchard / Politico | Wed, 16 Oct 2019 14:54:05
Britain's biggest housebuilder Barratt Developments reported marginal sales growth and a dip in the value of homes sold in the first months of its financial year, the latest sign of pressure on developers from a weakening UK property market.
Reuters | Wed, 16 Oct 2019 14:49:50
Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due to concerns about the impact of Brexit.
Reuters | Wed, 16 Oct 2019 14:46:51
A debriefing for EU states on the latest on Brexit has been delayed for a second time on Wednesday to 1700 GMT, three diplomats with the bloc said, as last-ditch talks between Brussels and London on sealing a divorce deal dragged on.
Reuters | Wed, 16 Oct 2019 14:41:20
European Council President Donald Tusk said on Wednesday it should be known in seven or eight hours when Brexit could happen and in theory a deal could be accepted on Thursday.
Reuters | Wed, 16 Oct 2019 14:41:14
Negotiators on Wednesday struggled to clinch an eleventh-hour Brexit deal on the eve of an EU summit, raising the chances that British Prime Minister Boris Johnson will have to seek an extension of the October 31 deadline for Britain’s exit from the bloc.Talks in Brussels on Tuesday between European Union ...
Reuters / South China Morning Post | Wed, 16 Oct 2019 14:25:30
Brexit Party accidentally promotes Wetherspoon boss parody account that says pub chain 'caters to bitter old alcoholics'
'A beyond parody account links to an actual parody account,' mocks one respondent
Chris Baynes / The Independent | Wed, 16 Oct 2019 14:22:00
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FX Street | Wed, 16 Oct 2019 14:08:50
Sterling bobbed up and down Wednesday as Brexit-related reports that kept traders guessing about how the situation was developing, dealers said. In what has already been a topsy-turvy week, the pound was catapulted on Tuesday to the highest levels against the dollar and euro since May, propelled by Brexit deal ...
IBTimes | Wed, 16 Oct 2019 14:00:26
Times of India | Wed, 16 Oct 2019 13:49:39
Group defies fears that increased uncertainty has dented consumer confidence
FT | Wed, 16 Oct 2019 13:48:05
Boris Johnson news - live: DUP dismisses Brexit breakthrough 'nonsense' as government braces for humiliating extension request letter
Follow all the latest developments
Adam Forrest, Ashley Cowburn / The Independent | Wed, 16 Oct 2019 13:45:00
In the shadow of the Massif Central's extinct volcanoes, the production line at French glacé-fruit producer Cruzilles is working flat out to meet a glut of advanced orders from its number one export market: Britain.
Reuters | Wed, 16 Oct 2019 13:40:59
Corporate earnings took a backseat Wednesday as traders again worried over Brexit and the need to get something on paper before Thursday's European Council meeting, as well as China's threat to take action if the U.S. Congress passes legislation supporting Hong Kong democracy protesters. The Dow Jones Industrial Average opened ...
IBTimes | Wed, 16 Oct 2019 13:39:28
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FX Street | Wed, 16 Oct 2019 13:37:16
You might not have heard it, but Brexit is hitting a pretty critical moment. With just days to go until the UK is scheduled to leave the European Union, nothing is certain and time is running seriously short.
CNN | Wed, 16 Oct 2019 13:35:34
Negotiators struggled on Wednesday to clinch an eleventh-hour Brexit deal on the eve of an EU summit, raising the chances that Prime Minister Boris Johnson will have to seek an extension of the Oct. 31 deadline for Britain's exit from the bloc.
Reuters | Wed, 16 Oct 2019 13:33:57
European Council President Donald Tusk said on Wednesday it should be known in seven or eight hours when Brexit could happen.
Reuters | Wed, 16 Oct 2019 13:33:26
Sterling swung around five-month highs and stocks in London fell on Wednesday amid a blizzard of contradictory headlines about whether Britain and the European Union were on the verge of agreeing a Brexit deal.
Reuters | Wed, 16 Oct 2019 13:23:50
Far from what the gloomsters proffer, the UK's car industry looks like it's shifting into top gear as Britain speeds towards the Brexit finishing line; with the announcement by Jaguar Land Rover of a new three million-square-foot distribution centre in Leicestershire, supplying to 80 markets worldwide. Fueling confidence in global ...
Christian Calgie / Guy Fawkes' blog | Wed, 16 Oct 2019 13:20:02
OANDA Senior Market Analysts Craig Erlam and Ed Moya discuss the latest Brexit development days before the European Council summit. They also give their analysis on GBPUSD, EURGBP, GBPCAD, GBPJPY and UK100 (FTSE 100) charts.
Craig Erlam / OANDA | Wed, 16 Oct 2019 13:08:11
Rolling coverage of the latest economic and financial news, including the latest UK and eurozone inflation figures Latest: House price growth still weak UK inflation weaker than expected at 1.7% Weakest CPI since 2016 Fuel and second-hand cars keep inflation down Pound falls as Brexit optimism fades 2.04pm BST Time ...
Graeme Wearden / Guardian | Wed, 16 Oct 2019 13:04:12
Proposed Brexit pact will leave most British citizens poorer
FT | Wed, 16 Oct 2019 13:02:51
Most British people favour abiding by the 2016 Brexit referendum result and leaving the EU.
Louise Guillot / Politico | Wed, 16 Oct 2019 12:56:50
The leader of the DUP, a small Northern Irish party backing Britain's minority government, dismissed a report on Wednesday that it had accepted the latest proposals on the role the region would play in how Northern Ireland is treated after Brexit.
Reuters | Wed, 16 Oct 2019 12:54:18
Sterling jumped above $1.28 on Wednesday after a reporter for Irish broadcaster RTE, citing European Union sources, said the main stumbling block to a Brexit deal had been removed.
Reuters | Wed, 16 Oct 2019 12:49:38
New YouGov polling for The Times has shown Boris's Tories soar higher to a 15 point lead, making up more than the Labour and Brexit Party vote shares combined. The 'Classic Dom' strategy seems to be working... Interestingly, the poll found that since July, the Brexit Party vote has fallen ...
Tom Harwood / Guy Fawkes' blog | Wed, 16 Oct 2019 12:45:49
An courier service that will ensure there is no break in the medicine supply chain in the event of a no-deal Brexit has been announced by the government.
Sky | Wed, 16 Oct 2019 12:44:00
Talks between British and EU negotiators on Brexit will resume in Brussels after a lunch break, a UK spokesman said as last-ditch efforts dragged on to seal a divorce deal this week before Britain is due to leave the bloc on Oct. 31.
Reuters | Wed, 16 Oct 2019 12:42:55
Any approval by European Union leaders at their Thursday-Friday summit in Brussels of a last-minute Brexit deal could only be conditional on the British House of Commons approving it later, three diplomats with the bloc said.
Reuters | Wed, 16 Oct 2019 12:24:55
British Prime Minister Boris Johnson will send a letter to the EU seeking an extension if there is no Brexit agreement by Saturday, the Guardian reports. Johnson, in the past, has repeatedly ruled out seeking an extension. BBC: Have UK voters changed their minds on Brexit?
Taegan Goddard / Taegan Goddard | Wed, 16 Oct 2019 12:23:55
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FX Street | Wed, 16 Oct 2019 12:22:53
The government has also signed deals with ferry companies worth 86.6 million pounds to ensure the continued supply of medicines, and created a "Support Unit" to help suppliers of medical goods prepare and have customs paperwork in place.
PTI / Financial Express | Wed, 16 Oct 2019 12:17:44
Some may wish the EU would simply honour its earlier commitment to integrate the Balkans region, but the time for wishful thinking has long passed.
Timothy Less / Open Democracy | Wed, 16 Oct 2019 12:12:22
Johnson and his team are also in discussions with Conservative and DUP lawmakers to try to win their support and get any deal passed in parliament.
PTI / Financial Express | Wed, 16 Oct 2019 11:47:41
After three years of Brexit crisis, Sky News is betting that some viewers are so bored by the divorce drama that there is a market for a channel dedicated to news that has nothing to do with Britain's exit from the European Union.
Reuters | Wed, 16 Oct 2019 11:44:34
A further summit later this month could be required to reach an agreement.
Florian Eder, David M. Herszenhorn / Politico | Wed, 16 Oct 2019 11:42:00
Sterling Whipsaws As Traders React To Barrage Of Conflicting Headlines Conflicting headlines this morning between British and European Union officials produced new concerns that a Brexit deal is on the verge of collapse. After a torrid, 3-day surge, Britain's currency weakened, down -.25% to 1.2749 as Brexit negotiations were sent ...
Tyler Durden / Zero Hedge | Wed, 16 Oct 2019 11:37:18
Member states need 'more time' to scrutinise deal before giving formal 'yes'
Jon Stone / The Independent | Wed, 16 Oct 2019 11:37:00
Irish Prime Minister Leo Varadkar said on Wednesday that last-ditch talks between the European Union and Britain had so far failed to resolve issues standing in the way of an amicable Brexit, with EU sources reporting a
Reuters | Wed, 16 Oct 2019 11:32:58
Sterling slid Wednesday on a report that a Brexit deal might be impossible unless the UK government budges from its stance, dealers said. In what has already been a topsy-turvy week, the pound was catapulted on Tuesday to the highest levels against the dollar and euro since May, propelled by ...
IBTimes | Wed, 16 Oct 2019 11:31:53
Futures Slide As China, Brexit Optimism Fizzles European equities opened lower and US equity futures dropped as China threatened unspecified "strong if the US Congress enacts legislation supporting Hong Kong protesters, in a sign of the deepening strain between the world's two largest economies, crippling optimism for a US-China trade ...
Tyler Durden / Zero Hedge | Wed, 16 Oct 2019 11:22:25
Sterling came off five-month highs and stocks traded sideways on Wednesday as the European Union and Britain sought to avert a disorderly Brexit before an EU summit on Thursday.
Reuters | Wed, 16 Oct 2019 11:20:48
A debriefing for EU states on the latest on Brexit has been delayed to 1500 GMT on Wednesday from 1200 GMT, two diplomats with the bloc said as last-ditch talks between Brussels and London on sealing a divorce deal dragged on.
Reuters | Wed, 16 Oct 2019 11:18:50
Despite progress, there are 'issues that need to be resolved,' said the Irish prime minister.
Cristina Gallardo / Politico | Wed, 16 Oct 2019 11:10:53
Former prime minister says points-based system could 'allow abuse' and warns that clampdown on foreign criminals will put pressure on UK prisons
Benjamin Kentish / The Independent | Wed, 16 Oct 2019 11:06:00