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Sunday, 27 September 2026

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Economy

British Pound cracks as US growth burst boosts USD

The Pound Sterling (GBP) tanks over 0.70% against the Greenback on Wednesday as US economic data showed business activity is picking up, while fears of a US diesel export ban pushed crude prices higher. The GBP/USD pair…

Building the next generation of market infrastructure

Speaker: Nikhil Rathi, chief executive Event: TheCityUK dinner, sponsored by Nasdaq Delivered: 22 September 2026 Note: This is a drafted speech and may differ from the delivered version

Legal & General to cut 1,000 jobs by mid-2027

Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-up

Bakery owner calls for Budget help for firms

The owner of a bakery in Manchester has urged Prime Minister Andy Burnham to give the hospitality industry a 'fighting chance' as it struggles to keep up with increasing prices.

Canadian Dollar: Bearish trend targets 1.4125 – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Canadian Dollar (CAD) is marginally weaker versus the US Dollar (USD), with USD/CAD at its highest since late July. They stress wide yield spreads…

Swiss Franc: SNB preview signals steady policy – DBS

DBS Group Research economist Philip Wee expects the Swiss National Bank to keep its policy rate unchanged at 0% at the September 24 meeting, despite higher energy prices and a modest uptick in headline inflation.

Firms crack down on money mules but need to do more

Financial firms are shutting down hundreds of thousands of suspected money mule accounts, but organised criminal groups are still shifting dirty money through multiple bank accounts before cashing out.

Frontier AI Just Became a Price War

Every day, businesses and governments around the world are becoming increasingly reliant on America’s frontier models. Startup CEOs already can’t imagine running their companies without AI, and it won’t be long until th…

USD/JPY: US Dollar Strength Puts 158.50 Resistance to the Test

U.S. Dollar Index gains ground as traders react to the Retail Sales report. The report indicated that Retail Sales increased by +0.5% month-over-month in April, in line with analyst consensus. Retail Sales Ex Autos incr…