Bloomberg The pound declined to the weakest level in a month on concern a lockdown across England would deal a painful blow to an economy already reeling from similar measures earlier this year. Sterling fell as much as 0.7% to $1.2855, the lowest since October 7, after Prime Minister Boris Johnson announced the month-long restrictions amid concern that the coronavirus ...

Bloomberg Stock markets climbed globally for a second day along with US futures hours before the American presidential election. Currency traders braced for increased volatility. Bank shares including BNP Paribas SA advanced after the French lender joined European peers in posting lower-than-expected bad-loan provisions from the pandemic. Equity markets in Beijing, Hong Kong, Australia and South Korea all surged more ...

Bloomberg Hedging exposure to the S&P 500 index via options is going to remain costly yet vital next year due to the pandemic and relative lack of protection from traditional havens, Tallbacken Capital Advisors LLC said. “Vaccine volatility” is likely because of the winding paths ahead to the eventual introduction of an inoculation or other therapies, according to Tallbacken CEO ...