Bloomberg With an initial Brexit deal out of the way, pound traders will be focussing on whether optimism over that lasts and shifts the Bank of England’s thinking this week. Even with an agreement to move Brexit talks on to trade and no expectations for the BOE to change interest rates, news on either front could drive the currency, according ...

Reuters Major Gulf stock markets rose on Sunday in line with strength in global bourses at the end of last week, with Saudi Arabia and Egypt leading. The Saudi index rose 0.8 percent points to 7,145, bouncing for a second straight day from technical support around 7,000 points in very heavy trade. Real estate firm Dar Al Arkan, the most ...

Bloomberg China’s banks should increase their capital buffers to pro- tect against any sudden economic downturn following a credit boom, the International Monetary Fund said. In its first comprehensive assessment of China’s financial system since 2011, the IMF recommended “a gradual and targeted increase in bank capital.” In a worst-case scenario, IMF stress tests suggested the country’s lenders would face ...