Todays Markets

CNBC: Barnier sends sterling to a five-week high on Brexit deal hopes
Sterling surged against the dollar and euro on Monday after the European Union's chief negotiator said a Brexit deal was "realistic in six to eight weeks". [more...]

Bloomberg: Stocks in Asia Mixed; Japan Gets Lift From Yen: Markets Wrap
Stocks in Asia traded mixed Tuesday as investors awaited fresh developments on the trade-war front. With U.S. yields on the rise again, a weakening yen gave Japanese stocks a boost. [more...]

Bloomberg: Goldman Bear-Market Risk Indicator at Highest Since 1969: Chart
A Goldman Sachs Group Inc. indicator designed to provide a “reasonable signal for future bear-market risk” has risen to the highest in almost 50 years. [more...]

Bloomberg: Florence Aims for U.S. East Coast as 1 Million Told to Leave
Florence continued to move toward the U.S. East Coast, poised to become the strongest hurricane in almost 30 years to hit the Carolinas as more than 1 million people began fleeing the American coastline.[more...]

Bloomberg: Crypto Wipeout Deepens to $640 Billion as Ether Leads Declines
The cryptocurrency bear market plumbed a fresh 10-month low on Monday as Bitcoin’s biggest rival tumbled and U.S. regulators suspended trading in two securities linked to digital assets. [more...]

Bloomberg: Funding for ICOs Drops to the Lowest in 16 Months
Is the initial coin offering boom over? Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. [more...]

Bloomberg: Alibaba's New Boss: The Finance Vet Who Quietly Shook Things Up
Stewardship of Asia’s most valuable company is passing to a financial wizard who has led the company’s effort to drag the traditional retail industry into the 21st century. [more...]

Bloomberg: Rupee Tumbles to New Record as India Scrambles to Halt Decline
The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of countries with worsening balance of payments.[more...]

Reuters: China vows to respond if U.S. takes new steps on trade
China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. [more...]

Reuters: Oil firm as Iran sanctions loom, but U.S. seeks to prevent supply shortfall
Oil was steady on Tuesday, supported by looming U.S. sanctions against Iran’s petroleum industry. [more...]

CNBC: Russia and China are looking at launching joint projects worth more than $100 billion
A group composed of Russian and Chinese businesses is considering 73 joint investment projects cumulatively worth more than $100 billion, according to a Tuesday statement. [more...]