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BOE RATE POLICY
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
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....
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persistBank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the go...
UK's FTSE 100 snaps four-week losing streak as rate hike fears easeUK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Ban...
High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
How different were Trump and Putin's visits to ChinaChinese leader Xi Jinping met with US President Donald Trump and Russian President Vladimir Putin. Trump's visit focused on stabilizing tie...
Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
Trump returns from China with stability and a stalematePresident Trump's visit to Beijing resulted in a return to the familiar U.S.-China economic and strategic standoff, offering China breathin...
Dow Jones, S&P 500 and Nasdaq end this week lower as tech stocks slide, Treasury yields and oil prices climb after Trump-Xi China summit disappoints investors - US stock market performance today May 15Dow Jones, S&P 500 and Nasdaq today: Wall Street experienced a sell-off on Friday, with major indices like the S&P 500, Nasdaq, and Dow Jon...
Trump leaves Beijing with few wins but warm words for XiWhile Trump searched for immediate business wins, such as a deal to sell Boeing jets that did not impress investors, Xi talked up a long-te...
Is Donald Trump's China visit a victory for U.S or Iran gets upper hand on Strait of Hormuz?White House called the leaders' shared desire to reopen the Strait of Hormuz off Iran, through which a fifth of global oil and gas once flo...
Trump and Xi set for second day of talks after Taiwan warningPresident Donald Trump concluded his state visit to China. He met with President Xi Jinping. The visit featured business deals and discussi...
US stocks today: US stocks end higher on tech rally; investors eye Beijing talksUS stocks closed higher with S&P 500 and Nasdaq hitting fresh record highs, led by a tech rally after Nvidia got approval to sell H200 chip...
Xi tells Trump that mishandling of Taiwan could spark conflictChinese President Xi Jinping met with US President Donald Trump for trade talks. Xi Jinping stated that trade negotiations were progressing...
US stock market jumps sharply today as Dow Jones reclaims 50,000 — Why the Dow, S&P 500 and Nasdaq are all in green after U.S.-China trade summit boostUS stock market jumps sharply today as the Dow Jones, S&P 500 and Nasdaq rally on renewed optimism from the U.S.-China trade summit and boo...