Nervous Calm Shrouds FX, While February 1 U.S. Tariffs Look Less Likely
The disappointing GDP figures from Germany, France, and Italy today provide a weak backdrop for the ECB, which is set to deliver a quarter-point cut. Click to read.
UK Oil Ruling Sets Up Growth Versus Climate Test for Government
A UK court ruled that two North Sea oil and gas fields must re-apply for environmental permits while allowing the developments to continue, setting up a crucial test of whether the new Labour ...
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
FTSE 100 Live: UK Stocks Set to Lag Again, Pound Slips
Jerome Powell, chairman of the US central bank, said that the bank is pausing to see further progress on inflation getting ...
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
BOE’s Bailey Says Big Decisions Needed to Stop Public Debt Surge
Bank of England Governor Andrew Bailey said that “very big decisions” will be needed to stop Britain’s public debt pile ...
Pictet Wealth Warns Unruly Tech Selloff Risks Big Market Slump
US stocks are at a critical juncture where a disorderly selloff in artificial intelligence-related stocks risks sinking the ...
Banks seek 400-500 billion pounds range of reserves from BoE, Bailey says
Banks in Britain say they will want to hold 400 billion to 500 billion pounds ($496-$620 billion) of reserves with the Bank ...
BoE's Bailey says bank rules were delayed because of US competition
The Bank of England delayed introducing new rules for banks to avoid putting British firms at a competitive disadvantage to ...