MARKET HEADLINES
- UK retail sales data helps pound strengthen
Britain's pound gained around 0.5 percent against the US dollar and the euro on Thursday. Sterling hit a day's high of $1.5664 after the numbers showed sales rose 1.6 percent on the month compared with a forecast of 0.3 percent, adding to some hopeful signs around Christmas consumer spending. Against the euro, the pound was 0.7 percent higher on the day at 78.71 pence.
- Russian rouble weakens as traders see no major measures in Vladimir Putin speech
At 0954 GMT, the rouble was around 3 percent weaker against the dollar at 62.04 after opening more than 1 percent higher. The rouble was also around 2 percent weaker versus the euro at 76.50 on the Moscow Exchange.
- Swiss franc falls vs euro after SNB introduces negative rates
The Swiss franc hit the lowest level against the euro since mid-October on Thursday after the Swiss National Bank introduced a negative deposit rate. The franc weakened to a low of 1.20925 per euro and was last trading down 0.5 percent at 1.2068 on trading platform EBS, edging away from the SNB's three-year old cap of 1.20 francs per euro. It was also the weakest it had been against the US dollar since May 2013 at 0.936 per dollar.
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