Investors show optimism on trade ahead of US jobs report – business live

Rolling coverage of business, economics and markets as markets await non-farm payrolls dataRiskier assets gain after trade war and US data give positive signal US non-farm payrolls in focus at 1:30pm BST amid Fed conundrum German industrial production…

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No, a falling pound is not good. It’s a sign of weakness and decline | Dan Davies

Britain has a vocal weak-currency lobby but depreciation is not a route to long-term success, as Italy could tell youLike the weather, the foreign exchange market changes every day and appears at the end of the evening news. Unlike the weather, though,…

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Sterling hits new two-year low as ministers prepare for no-deal Brexit – business live

Rolling coverage of business, economics and markets as ministers ramp up plans to leave EU without a deal 10.55am BST An update on Neil Woodford has come through this morning: the investor could be kicked out as manager of the fund he founded. 10.33am …

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Pound could fall to parity with dollar on hard Brexit concerns

Fear of ‘hardline’ Boris Johnson and Jeremy Hunt could push sterling down to mid-80s levels, says Morgan StanleyThe pound’s fall to a two-year low against the dollar could be the start of a no-deal Brexit inspired wave of selling that would push sterli…

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Christine Lagarde will have to confront Berlin if she’s to save the euro | Yanis Varoufakis

The incoming European Central Bank chief must call for an end to the eurozone’s suicidal fiscal rules, which have now run out of roadChristine Lagarde was a key member of the infamous troika – Greece’s official creditors – who crushed our people’s resi…

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Donald Trump attacks ECB for ‘currency manipulation’

Global trade war fears deepen after US president reopens EU spat after talk of new rate cut planDonald Trump has accused the European Central Bank (ECB) of unfairly manipulating the euro, further raising the stakes for Washington in its trade and diplo…

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