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UK STERLING
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...- Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- UK Health Minister resigns, calls for a leadership contest to oust PM StarmerWes Streeting has resigned as health minister. He is calling for a leadership contest to replace Keir Starmer. This follows disastrous loca...
- Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
- U.S. Stock Market on Wednesday: Dow Jones, S&P 500, Nasdaq to bounce back or Wall Street crash is happening? Check important factorsU.S. Stock Market: U.S. dollar advanced for a second straight session after the economic data and amid uncertainty over the durability of t...
- RBI steps up play in us treasuries, other securitiesIn a strategic pivot, the Reserve Bank of India has cut down its deposits with other central banks and is now channeling more resources int...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Sterling's stunning rally keeps twitchy currency markets on edgeSterling has hit new highs against the dollar and euro, driven by speculative interest rate bets. Analysts warn these gains could be unstab...
- UK inflation slows sharply to 7.9% in JuneSterling fell as the Office for National Statistics said the consumer price inflation growth rate was its lowest since March of last year b...
- Crypto exchange Binance to halt sterling transfersBinance has been informed by its partner for sterling transfers, Paysafe, that it would halt its services from May 22, the spokesperson sai...
- Pound, gilts pare gains after UK’s Truss confirms resignationSterling traded around 0.3% higher on the day at $1.1252, after rallying by as much as 0.8%. 10-year UK bond yields were 3 basis points low...
- UK economy not out of woods despite tax U-turnSterling was up slightly Monday, having recovered in recent days from a record dollar-low that followed the budget seen as benefitting the ...
- British pound slumps; know why and what happens nextThe sterling fall is devastating for the British economy, but does it mean the same for the rest of the world? We found the reasons behind ...
- Explained: The potential impact of Brexit without a trade dealThe shock result of Britain's referendum on leaving the EU in 2016 sent the pound down 8% against the dollar, its biggest one-day fall sinc...
- ‘Brexit-hit pound looks like an EM currency’The currency has fallen close to 20% since the 2016 referendum and its fate is dependent on the outcome of Britain’s exit from the EU.
- Pound falls 0.3% vs dollar after attacksSterling has been buffeted over the past two weeks as polls have depicted a tightening race.
- Sterling dips before UK inflation reportSterling's rise to 16 month-highs against the euro stalled on Tuesday and it fell against the dollar, hit by investors reining in bets for ...
- Foreign investors buy more UK real estate than British citizens to boost sterlingForeigners are spending more on UK properties worth over $9.5 million than residents are, for the first time in a decade.
- Sterling dips vs euro as Spain budget soothes marketThe euro edged higher against sterling on Friday after investors gave a cautious welcome to Spain's 2013 draft budget.
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