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Portugal’s finance minister says ‘delays and hesitations’ over the fund are destabilising the bloc as yields on his country’s five-year notes hit a fresh euro-era high
Confidence over the economic outlook means judgments can be based on the prospects of companies rather than sentiment alone, easing the impact of the risk correlation
Brazil has voiced its strongest opposition yet to any international move to control commodity prices and has insisted it will not join the US in an alliance to pressure China to revalue its currency
Sterling traders eye Bank’s quarterly inflation report for monetary policy clues after the market is wong-footed by the news that CPI is at 4%, less than expected
Lisbon has criticised the European Union for delays in improving the eurozone’s €440bn financial rescue fund as the country’s borrowing costs reach new euro-era highs
Though equities rallied off their lows, oil prices are still above $101 as investors puzzle out their reaction to Hosni Mubarak’s resignation as Egyptian president
The dollar marches to a two-week high against a basket of currencies as continuing turmoil Egypt and worries over emerging market inflation boosts haven demand for the US currency
Cotton prices continue to spike as demand for textiles rebounds from the global financial crisis and India restricts shipments to help its domestic textiles industry
Hanoi slashed the value of its currency by 9 per cent in an attempt to shore up waning confidence in the economy, but economists think the government must increase interest rates in order to rein in price rises
US lawmakers reintroduced legislation to punish China for holding down its currency, a bill likely to encounter stiff resistance in the House of Representatives
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