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BRITISH INFLATION
Global Market: European shares struggle for direction as France unrest weighs on sentimentEuropean shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some opti...- Global Market: UK inflation rises to 3.5% in September, boosting rate hike betsUK inflation rises to 3.5% in September from 3.1% in August, exceeding expectations as higher fuel prices linked to the Iran war add to pri...
- BBC to cut 2,000 jobs, shut BBC Three, BBC Scotland TV channels and Radio 4 Extra to save £500 millionIn a significant shift, the BBC will discontinue its BBC Three and BBC Scotland channels this spring as part of a strategic initiative aime...
- Dollar firmer, euro weakens as French protests turn violentIn Asia, the dollar saw a minor uptick as unrest in France put pressure on the euro, causing a small decline. Emerging market currencies, n...
- BoE's Bailey says energy price pass-through remains limited, rate risks persistBank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that seco...
- Nvidia pledges $250 million in computing resources to boost UK AI safety researchNvidia has committed $250 million in computing resources over five years to advance UK artificial intelligence safety research. Announced b...
- Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enoughBank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetar...
- Dollar holds near 18-month high as geopolitical risks riseThe US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on en...
- 'We are going to see': Trump on Iran's alleged link in UK's RAF Fairford incidentDonald Trump stated that the United States is evaluating potential actions against Iran amid recent allegations. The UK government and alli...
- Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
- Euro falls, set for fifth straight weekly drop as oil prices riseThe euro has experienced a significant drop as concerns about France's public debt continue to affect investor confidence. Global bond mark...
- Bank of England's Bailey says government debt commitments needed more than everBank of England Governor Andrew Bailey highlighted the importance of credible fiscal policies for stabilizing public finances. Rising infla...
- Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
- UK 30-year gilt yields hit 28-year high in global selloffThe British 30-year bond yields have skyrocketed to their highest level since January 1998 amid a global bond market decline. This surge is...
- Global Market: UK Gilt yields rise as oil, US Treasury yields weigh on bondsBritish 10-year gilt yields jumped 6 basis points to 5.44%, nearing a 19-year high, as rising oil prices and US Treasury yields fueled infl...
- Global Market: Euro under pressure as France debt worries, Spain vote weighThe euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the ...
- Euro faces political, fiscal reckoning as it hovers near 17-month lowThe euro has hit a 17-month low, primarily due to a mix of political instability and fiscal challenges within the euro zone. Heightened wor...
- UK pound falls to three-month lows as investors fret over rates, oilThe pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effec...
- UK 30-year gilt yields top 6% for the first time since 1998British 30-year government bond yields have surged to their highest level since early 1998. This surge follows a significant increase in U....
- Global Market: European shares edge higher as British housebuilders rallyEuropean shares edged higher, with the STOXX 600 gaining 0.3%, led by a sharp rally in British housebuilders. Gains were capped by rising o...
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