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UK INFLATION
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...
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
Gold steadies after hitting one-week lowGold prices have stabilized after recently dipping to a one-week low, now sitting at $4,114.57 per ounce. This slight recovery follows an u...
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year
Bank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as po...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
Why has US 10-year yield hit lowest in over one week?US Bond market: The benchmark Yields on 10-year US Treasury debt have climbed to 24-year highs in recent days.
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...
'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...
Global Market Today: Asian shares cautious as earnings loomTrade was thin with Japan markets shut and the US on a partial holiday ahead of the earnings season with major US banks kicking off on Tues...
Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
Global Market: BoE’s Pill says central banks must stay focused on fighting inflationBank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions amon...
BoE to put barn owls, bees on future notesThe Bank of England is embracing a new approach by swapping out renowned Britons on banknotes for images of local wildlife like barn owls, ...
Rates, inflation and AI emerge as key risks for global growth: Deutsche Bank SurveyRising interest rates and bond yields are the biggest growth risks for wealthy investors, while Asia is seen as the most stable geopolitica...
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...
Gold flat as focus turns to Fed minutesGold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold ...
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...