Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh

Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv

LONDON, Oct 9 (Reuters)Sterling edged up against the dollar but fell against the euro after worse-than-expected UK GDP data, while investors focused on Brexit negotiations where the “mood music” was seen to have improved.

Britain’s GDP rose 2.1% in August – the slowest increase since the economy began to recover in May from its record slump. Much of what growth occurred was down to the government’s one-off restaurant subsidy scheme.

The data had limited impact on the pound, which was in its third consecutive day of gains against the dollar and only slightly down versus the euro.

Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets, said that the GDP data, which calls into question the idea of a V-shaped recovery, had little effect on the market since it was already expected that local lockdown measures would limit economic growth in the fourth quarter.

At 0808 GMT, sterling was at $1.2953, up 0.2% on the day against the dollar. The greenback was heading for a second week of losses as investors increased bets that Joe Biden would win the U.S. presidential election on Nov. 3 and offer fiscal stimulus afterwards.

Versus the euro, the dollar was up around 0.2%, at 91.05 pence per euro EURGBP=D3.

The week has proven volatile for the British currency as Britain and the EU negotiate their future relationship. Hopes that a no-deal Brexit will be avoided have risen in recent days, ahead of the European Council meeting on Oct. 15-16.

Both sides in negotiations have said a deal is possible, but the pound has ricocheted on contradicting headlines about how much progress has been made.

“The last two weeks have seen some brutal whipsawed price

By Stanley White and Pete Schroeder

TOKYO/WASHINGTON, Oct 2 (Reuters)Asian markets were little changed on Friday, as a U.S. stimulus deal remained out of reach and investors waited on fresh U.S. employment data for a read on the economic toll from the coronavirus pandemic.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.11%. Australia’s benchmark S&P/ASX 200 index .AXJO fell 0.86% as a decline in oil and copper prices weighed on the resources sector.

Japan’s Nikkei 225 index .N225 was up 0.19% after the Tokyo Stock Exchange (TSE) resumed normal trading after its worst-ever outage brought the world’s third-largest equity market to a standstill.

U.S. stock futures ESc1 fell 0.23% as an additional economic stimulus package remained elusive despite renewed efforts from Washington negotiators.

After a day of negotiations, House Speaker Nancy Pelosi told reporters she did not expect an imminent agreement with the Trump administration. It remains unclear if policymakers can get something done before the Nov. 3 election.

“The risk is that if disposable incomes continue to fall, the recovery in personal spending will slow or even reverse. The fiscal stimulus stalemate suggests additional government support payments to households are unlikely soon,” said Commonwealth Bank of Australia currency analyst Kim Mundy in a note.

China’s stock and bond markets, foreign exchange and commodity futures markets are closed Oct. 1-8 for the Golden Week holiday. South Korea and Hong Kong markets are also closed on Friday for holidays.

U.S. markets kicked off the fourth quarter by closing higher while the dollar sank, with investors tracking stimulus talk updates throughout the day.

The Dow Jones Industrial Average .DJI rose 0.13% on Thursday. The S&P 500 .SPX gained 0.53% and the Nasdaq Composite .IXIC added 1.42%.

U.S. consumer spending is starting to slow due to

LONDON (Reuters) – The dollar edged up on Tuesday, still close to 2-month highs, as markets awaited the first debate between the U.S. presidential candidates, signs of progress in U.S. fiscal stimulus talks and economic data, including German inflation.

After racking up its biggest weekly gains since early April last week as markets turned cautious and sought safer assets, the dollar erased some losses on Monday and resumed gaining on Tuesday, ahead of the debate between President Donald Trump and Democratic challenger Joe Biden.

The 90-minute televised debate at 2100 ET (0100 GMT) will be closely watched by investors for signs as to how the market reacts to perceived victories by either candidate.

“We expect a Trump re-election to be USD-positive, although the non-negligible risk of a contested outcome (along with the ultra-dovish Fed) may keep the dollar’s upside somewhat capped in the run-in to the vote, even if Trump’s perceived chances rise,” wrote ING strategists in a note to clients.

But Commerzbank FX and EM analyst You-Na Park-Heger said that what will be decisive for the dollar is not the question of who will win the election but “whether Trump will accept the result in case of his defeat or whether there is going to be a longer period of uncertainty.”

“The debate is unlikely to provide any new insights in this respect and we therefore do not expect it to move EUR-USD in a major way,” she wrote.

At 0723, the dollar was at 94.265 against a basket of currencies, up 0.1% on the day <=USD>. It held steady during a quiet Asian session but picked up as European markets opened.

Equity markets opened lower, but riskier currencies held firm, with the New Zealand dollar steady at 0.656 versus the dollar

and the Australian dollar up 0.2% on

Sept 29 (Reuters) – Gold edged higher on Tuesday buoyed by a
softer dollar, with investors focusing on the first U.S.
presidential debate and progress on a new U.S. stimulus bill.

FUNDAMENTALS

* Spot gold rose 0.15% to $1,883.69 per ounce by 0058
GMT. Prices rose 1.1% in the previous session, its biggest
one-day gain since late August.

* U.S. gold futures were up 0.4% at $1,889.70.

* The dollar index was down 0.1% against rivals,
having recorded its biggest daily percentage drop in a month on
Monday. [USD/]

* A weaker dollar makes gold cheaper for holders of other
currencies.

* President Donald Trump and former Vice President Joe Biden
will square off in their first presidential debate later in the
day, with five weeks to go until the Nov. 3 general
election.

* U.S. House of Representatives Speaker Nancy Pelosi said on
Monday that Democratic lawmakers unveiled a new, $2.2 trillion
coronavirus relief bill, which she said was a compromise measure
that reduces the costs of the economic aid. She did not say when
there would be a vote on the latest proposal.

* The number of new COVID-19 cases in the United States has
risen for two weeks in a row in 27 out of 50 states, according
to a Reuters analysis, adding to concerns over its economic
fallout.

* The European Union and Britain both said a post-Brexit
deal was still some way off and differences persisted on Monday
over putting in place their earlier divorce deal as they began a
decisive week of talks in Brussels.

* Holdings in SPDR Gold Trust , the world’s largest
gold-backed exchange-traded fund, rose 0.16% to 1,268.89 tonnes
on Monday.

* Silver fell 0.1% to $23.68 per ounce, platinum
fell 0.2% to $880.56 and palladium gained 0.5% to
$2,265.25.