The dollar rebounded on Wednesday
from a two-week low hit in the previous session as investors
scaled back expectations that the U.S. Federal Reserve would
signal more policy easing in response to a deadly virus
spreading outside China.
Euro zone money markets started
to fully price in a December interest rate cut from the European
Central Bank on Wednesday, as the spread of coronavirus outside
China pushed traders to ramp up expectations for more stimulus.
Metro Bank shares
tumbled on Wednesday after the bank plunged to a full-year loss
of 131 million pounds ($170 million) and scaled back growth
plans, capping a year dominated by an accounting scandal that
forced its top bosses to quit.
Switzerland's financial watchdog
will probe the actions of individuals at Julius Baer
after it reprimanded the bank for ignoring money-laundering
risks in payments linked to corruption in Venezuela and world
soccer body FIFA.