Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was ...
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
BOE Eyes Certain Prime Brokerage Practices at Largest Banks
The Bank of England is planning to investigate how banks measure their exposures within their prime brokerage divisions after ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...
China Continues Making Covert Gold Purchases In London
Direct gold exports from the U.K. to China - a proxy for PBoC purchases - remained impressively strong in November, at 50 ...
Morning briefing: Euro edges lower, trading above 1.0400
The Euro have fallen a bit but above 1.04, it can attempt to rise back. Only a break below 1.04 can be bearish for pair.
Futures Suggests That Wall Street Might Open In Negative Territory
The early trends on the U.S. Futures Index suggest that Wall Street might open lower on Monday. As of 7.40 am ET, the Dow futures ...
Financial IT3d
Shanghai Commercial Bank and Planto Partner to Drive SME Banking Innovation
Shanghai Commercial Bank (SCB) and Planto, a leading digital banking solution provider headquartered in Hong Kong, have partnered together to leverage innovative fintech solutions to enhance banking ...
LONDON MARKET OPEN: Stocks down before US tech earnings, Fed and ECB
The Chippenham, England-based renewable electricity supplier and energy services provider will be acquired by energy transition Esyasoft at 490 pence per share. It gives values Good Energy's issued ...
Lankaweb3d
Victoria’s Secrets of De-Industrializing Debts: What English Literary Festivals Never Tell
Chambers of Commerce & Boards of Trade are all rusty colonial instruments, And they were all part of the English offensive launched last week, in their usual obstreperously unobtrusive modus operandi, ...
India good delivery standards: An initiative for achieving Atmanirbhar Bharat
London and Indian commodity exchanges establish gold and lead standards, enhancing trading efficiency and market transparency ...