Daily Briefing: - Nicola Sturgeon set to deliver a speech, as Scotland eyes post-Brexit future - Italy coalition fights over corruption sandal as markets fret over possible government collapse - UK to block China’s Huawei from core parts of the 5G network
from Texas Instruments after the bell on Tuesday dragged down Asia’s main markets despite the U.S. rally.
The White House confirmed that U.S. Treasury Secretary Steven Mnuchin and trade representative Robert Lighthizer will return to Beijing next week. The offshore yuan steadied after slipping against a generally stronger dollar on Tuesday, with the DXY dollar index against major developed-economy currencies rallying to its highest since June 2017 on Tuesday and to its highest against emerging-market currencies in more than three weeks.
Sterling led the move lower, dropping to its lowest since mid-February as Brexit talks between the government and opposition Labour Party
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