EUR/USD holds above 1.1600, seven pips above where Monday opened. The pair has had three chances to move over four sessions and has taken none of them. Both central banks are priced to raise rates this month for the sam…
Gold (XAU/USD) price dives over 0.40% on Monday following last Friday’s US jobs report, which ignited speculation that the Federal Reserve (Fed) might resume its tightening cycle if inflation reaccelerates late this wee…
French vineyards hit by severe drought and heatwaves are expected to report a 30-year low in wine production after the country’s hottest ever recorded summer, according to the agriculture ministry.
Deutsche Bank economists Sanjay Raja and Maui Brennan expect United Kingdom (UK) Gross Domestic Product (GDP) to have slipped slightly in July after strong growth earlier in 2026. They forecast a modest monthly contract…
HSBC highlights that markets now expect the Bank of Japan (BoJ) to tighten policy more quickly, with overnight index swaps implying about 75bp of cumulative hikes by April 2027 and assigning odds to a move at the 18 Sep…
HSBC’s Willem Sels highlights that accelerating AI adoption, resilient growth and broadening earnings are supporting global equities into Q4 2026. The bank has recently added exposure to global stocks, favouring the US …
US job creation has stalled and, despite the curbs on migration, unemployment is rising. Tariffs are pushing up the cost of imports. And Donald Trump is at war with the governor of his own central bank and wants him out.
The chancellor may have thought about shifting the venue of his first major speech this morning.
Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) weakened on broad Japanese Yen strength before partially recovering as strong US August payrolls revived expectations for a September Fed hike. Hadd…
Jaguar Land Rover's decision to shed 4,000 jobs comes after the carmaker has travelled down a very rough road.
The UK retailer Next has overturned a 2024 court ruling forcing it to pay its shop staff the same higher basic pay rates as its warehouse workers under equal pay rules.
TD Securities economists Robert Both and Emma Lawrence highlight that the Bank of Canada adopted a more hawkish tone, emphasizing upside inflation risks even as core inflation stays subdued. They expect the Overnight Ra…
Next has won an appeal allowing it to keep paying warehouse workers a higher hourly rate than shop floor staff in a long running battle over equal pay.
Jaguar Land Rover (JLR) is to cut 4,000 jobs as the carmaker struggles with Chinese competition, US tariffs, and the transition to electric vehicles.
Spanish equities ended Monday lower as weakness across technology, telecommunications, consumer services and consumer goods stocks pulled the market down. The IBEX 35 fell 0.14% at the close, extending the cautious mood…
ABN AMRO economists Bill Diviney and Jan-Paul van de Kerke expect Eurozone growth to remain resilient despite a renewed energy shock, supported by German fiscal spending and solid underlying activity. They have reverted…
UK house prices have fallen for the first time in almost three years, as prospective buyers were squeezed by higher mortgage rates, geopolitical uncertainty and stretched affordability.
Grindr will pay £26m to settle a lawsuit brought by thousands of users in the UK who allege that the US dating app shared highly sensitive personal information, including in some cases their HIV status, with advertising…
Iran’s joint military command said the Strait of Hormuz remained closed and warned that regional oil, gas, electricity and economic infrastructure would be targeted if the United States carried out President Donald Trum…
Since the U.S. and Israel launched strikes on Iran on February 28, jet fuel prices in the U.S. have more than doubled. According to data from the Energy Information Administration (EIA), the year-to-date percent change …
USD/JPY extends its steep decline on Monday as the Japanese Yen (JPY) rallies against the US Dollar (USD), supported by hawkish Bank of Japan (BoJ) expectations, capital repatriation and the unwinding of Yen-funded carr…
Jaguar Land Rover has announced thousands of job cuts in a “body blow for workers” as it grapples with tough trading conditions, Donald Trump’s tariff wars and the fallout from a cyber-attack.
The chair of the UK government’s “moonshot” science and technology research unit has been forced to stand down after taking a job with the San Francisco AI firm Anthropic, after warnings from senior MPs that the move cr…
The US military launched a new round of strikes on Iranian targets on Sunday night, local time, marking the ninth straight night of American attacks on Iran.