NewsBreak: Lira Jumps After Trump Says He Will End Sanctions Against Turkey

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Investing.com -The Turkish lira jumped on Wednesday after U.S. President Donald Trump said he was lifting sanctions against Turkey “unless something happens that I’m not happy with.”

  • Trump also said that Turkey said the ceasefire would be permanent.
  • Russia and Turkey agreed on Tuesday to create a safe zone on the border between Syria and Turkey.
    • The lira was higher, with slumping 1.3% to 5.7314 compared to 5.7673 earlier.
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    NewsBreak: NMC Health Sees FY2020 Revenue, Profit Up Over 10%

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    Investing.com — London-listed Middle Eastern health care group NMC Health said Monday it expects both revenue and profit to rise by over 10% in the coming fiscal year, and restated its guidance for the current fiscal year.

    “Business performance in the second half of 2019 is building on the strong trends seen in H1 2019,” the company said in a press release. “As a result, management expects the second half of the year to be stronger than the first and reiterates full-year guidance across revenues, EBITDA, net income, leverage and cash flow conversion.”

    Key points:

  • 2019 revenue seen at $ 2.50 billion to $ 2.52 billion
  • 2019 earnings before interest, tax, depreciation and amortization seen at $ 665 million to $ 675 million
  • 2019 net profit seen at $ 297 million to $ 305 million
  • (Figures under the impact of the new IFRS 16 rule on lease accounting.)

    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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    NewsBreak: No Brexit Deal Today – Reports

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    Investing.com – The U.K. and EU will not announce a deal on Brexit Wednesday, according to several published reports. But a deal could still be announced later in the week as it was unclear at what juncture negotiations were at.

    • , which had been bouncing around on headlines throughout the trading day, retreated after the reports, but was still up 0.3% at $ 1.2827.
  • ITV (LON:) political editor Robert Peston tweeted that there was “now no chance of Brexit deal tonight. Not at all sure about what that means for what can be agreed by EU leaders on Thursday and Friday.”
  • Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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    NewsBreak: Euro Hits New 2019 Low vs Dollar

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    Investing.com — The euro hit a new low for 2019 against the dollar, falling to $ 1.0923 as of 6:45 AM ET (1045 GMT). There was no immediate trigger for the new low, but it came against a backdrop of fresh uncertainty over European Central Bank policy after the resignation late Wednesday of Sabine Lautenschlaeger in an apparent act of protest against President Mario Draghi’s insistence on reviving quantitative easing.

  • hit a six-year low earlier this week
  • Risks of disorderly Brexit also rising as U.K. PM Johnson signals defiance toward opponents
  • also down fractionally at 0.8856.
  • Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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    NewsBreak: Fed’s Clarida Says Fed Taking Things ‘Meeting by Meeting’

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    Investing.com — The Federal Reserve “isn’t on a preset course” and will be “taking things meeting by meeting”, vice-chairman Richard Clarida told CNBC Friday. Clarida also indicated that the Fed will soon take action to address the liquidity shortages that have plagued funding markets this week, but would not restart outright purchases of bonds, a program known as quantitative easing.

    Key Quotes:

  • “We’re gonna take this meeting by meeting. We’re not on a preset course.”
  • Global economy has been “getting worse over the course of the year.”
  • “I can’t think of a time” when the U.S. consumer was in better shape.
  • Yield curve inversion partly caused by foreign inflows seeking higher rates.
  • Fed “still learning” about an economy operating at full employment.
  • Repeats Powell’s assurances that negative rates aren’t on the table.
  • at 98.187, up 0.4% on the day.
  • at 1.77% vs 1.79% immediately before comments.
  • Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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    NewsBreak: Trump Rages as ECB Restarts QE, Cuts Rates

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    Investing.com — President Donald Trump raged again at the Federal Reserve Thursday after the European Central Bank cut its key interest rate further into negative territory and announced it would restart quantitative easing from November.

    • “They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports…. And the Fed sits, and sits, and sits. They get paid to borrow money, while we are paying interest!” Trump said via Twitter.
    • ECB cut its deposit rate by 10 basis points to -0.5%;
    • ECB will resume quantitative easing on an open-ended basis at a rate of 20 billion euros a month from November
    • EUR/USD at $ 1.0969 vs $ 1.1023 immediately before the QE announcement.
    • ECB President Mario Draghi’s press conference to start at 8:30 AM ET. Follow it live at investing.com.
    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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    NewsBreak – Scottish High Court Rules U.K. Prorogation Unlawful

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    Investing.com – Three judges on the Scottish High Court ruled that U.K. Prime Minister’s Boris Johnson’s decision to suspend parliament is unlawful. An appeal is expected to be heard in the Supreme Court on Tuesday.

    • rose 0.1% to 1.2356 as of 5:23 AM ET (9:23 GMT).

    • fell 0.2% to 0.8921.

    • The yield rose 5.5% to 0.674.

    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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