David Craig and Paul Nowak are appointed to four-year terms until 31 August 2030. Hanneke Smits will begin her four-year term on 1 January 2027, until 31 December 2030. David Craig and Paul Nowak take up the positions v…
The upcoming week will bring a fresh test for major currency pairs as investors return from the US Independence Day holiday and continue to digest weaker US labor market data. The release of the last Federal Open Market…
Stocks are selling off globally this morning as unhappy investors see the price of oil rising again—because of renewed conflict in the Middle East—and President Trump’s inability to rein in Israeli Prime Minister Benjam…
Andy Burnham has insisted he is prepared to take "difficult decisions" on the economy, after a former Bank of England chief economist said investors were worried about his willingness to cut spending.
A thinktank linked to Nigel Farage’s Reform UK is preparing an influential policy plan that is reportedly going to call for substantial tax cuts for the rich.
U.S. retail sales jumped 1.2% in August 2026, the Commerce Department reported Wednesday, September 16, showing unexpectedly strong consumer demand even as inflationary pressures intensified across the economy. The numb…
The Eurozone industrial sector activity declines 0.1% in July, according to data published by Eurostat. The industrial output was expected to decline but at a faster pace of 0.2%. In June, the data also contracted by 0.…
West Texas Intermediate (WTI) oil price depreciates after posting nearly 3% gains in the previous day, trading around $100.00 per barrel during European hours on Wednesday. Crude oil prices slid after reports emerged th…
The GBP/USD pair attracts fresh sellers following an intraday uptick to the 1.3500 neighborhood and drops to the lower end of its daily range during the first half of the European session on Wednesday. Spot prices curre…
The US vice-president has dismissed calls for global regulation of AI safety risks, telling companies creating the most advanced models: “If you’re building Frankenstein, stop.”
ING’s Francesco Pesole highlights that the Federal Reserve announcement could push EUR/USD towards the 1.150 target. He notes that below 1.150 risks become more balanced given technicals, short-term valuation and rate d…
McLaren is gearing up to build an SUV for the first time in its 63-year history, betting that the glamour of its all-conquering Formula One team can sell cars to wealthy fans who do not own its supercars.
The Pound to Euro exchange rate (GBP/EUR) firmed on Monday as markets turned positive ahead of Trump’s meeting with Zelensky.
Gold (XAU/USD) consolidates gains on Wednesday after advancing during Asian trading hours, supported by a modest pullback in Oil prices and US Treasury yields. The move helps the precious metal recover from its lowest l…
New FCA guidance will help firms understand how the law underpinning the UK's future cryptoasset regime applies to their business. It also sets out which activities may require FCA authorisation.
The Japanese Yen (JPY) turns flat against the US Dollar (USD) at around 155.00 in the European trading session on Wednesday after recovering its early losses. The USD/JPY pair is expected to trade cautiously, with marke…
EUR/CAD extends its gains for the second consecutive day, trading around 1.6090 during European hours on Wednesday. Traders are closely watching the European economic calendar, as the seasonally adjusted Eurozone Indust…
The European Central Bank (ECB) wage tracker, which covers active collective bargaining agreements, indicates negotiated wage pressures with smoothed one-off payments of 2.2% in 2026 (based on a coverage of 46.9% of emp…
Rises in petrol, diesel and airfares pushed UK inflation up to its highest level in five months in the year to August.
Federal Reserve decisions can sometimes feel like the only events that determine whether the stock market rises or falls. Yet the marketâs response has rarely been that simple. Historically, stocks havenât moved in …
WASHINGTON — The U.S. military hit targets in Iran on Tuesday and Tehran fired missiles and drones at various sites across the region in response as hostilities flare once again in an intermittent war that has lasted mo…
Deutsche Bank’s Henry Allen and colleagues note that the S&P 500 has retreated to a six‑week low as higher Oil prices and stagflation fears weigh on risk assets. They highlight that markets now price a 94% probability o…
Wednesday is decision day at the Federal Reserve, the culmination of an intense two-day meeting and a debate that’s been running for six weeks since the June meeting. It boils down to one question: inflation is too high…
European Commission President Ursula von der Leyen told Canadian Prime Minister Mark Carney on Wednesday that she wants to open the door for Canada to become the European Union’s first associate member.