Investors See May Giving in to Break Brexit Deadlock

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Investors See May Giving in to Break Brexit Deadlock

As the risk of another deadlock in the Brexit talks rises, pound traders seem to have seen it all before. With just weeks before a key summit, when the U.K. wants the European Union to agree to a transition period following Brexit, sterling options aren't showing an increase in demand for volatility hedges
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Egypt Foreign Reserves Surge to Record After Eurobond Sale

… the central bank said on Sunday. Bank officials said last month's $4 billion Eurobond sale was only one contributor to the increase. A marked improvement across a range of economic indicators had also provided a boost, Sub-Governor Rami Aboul Naga told Bloomberg News. He did not elaborate.
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JPMorgan, HSBC Among Banks Said to Help Manage Saudi Dollar Bond

Visitors stand and watch stock movements displayed on large video screens inside the Saudi Stock Exchange, also known as the Tadawul All Share Index in Riyadh, Saudi Arabia. Photographer: Simon Dawson/Bloomberg. Saudi Arabia selected banks including JPMorgan Chase & Co. and HSBC
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Lessons From 2002 Show Economic Bang From Steel Tariffs Was Tiny

As President Donald Trump angles to shelter U.S. steel, American might be feeling a sense of deja vu. There's an historical playbook for how this might pan out. The 25 percent tariff that Trump has suggested placing on steel imports is actually less than the 30 percent temporary tariff George W. Bush
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Frontier Communications workers in West Virginia, Virginia on strike

Union workers for Frontier Communications (NYSE:FTR) in West Virginia and Virginia have gone on strike as of midnight ET. The Communications Workers of America says 1,400 workers are involved in the action after 10 months of negotiations failed to bear …
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