BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:57
European shares fall on real estate drag, UK stocks slide after CPI data
European shares opened lower on Wednesday after the real estate sector led declines against rising euro zone bond
2023-06-21 15:53
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:45
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:24
Ukraine-Russia – live: RAF scrambles fighter jets to respond to Russian aircraft flying near Nato airspace
One person has died and seven have been wounded after Vladimir Putin’s troops fired at rescue workers in the southern city of Kherson, Kyiv has said. Russian forces fired at rescuer workers who were clearing mud from flood-hit Kherson and seven people were wounded, Andriy Yermak, head of the president’s office, said on the Telegram messaging app. Meanwhile, Interior Minister Ihor Klymenko stated in a separate post that eight of the rescuers were wounded. Russia denies targeting civilians. The collapse of the Kakhovka hydro-electric dam on 6 June unleashed floodwaters across southern Ukraine and Russian-occupied areas of the Kherson region, killing more than 50 people and destroying homes and farmland. Ukraine accuses Russia of blowing up the Soviet-era dam, under Russian control since the early days of its invasion. The Kremlin accused Kyiv of sabotaging the hydroelectric facility. Elsewhere, four of Putin’s attack helicopters have been shot down by Ukrainian air defences in the past week, Kyiv claims. Mykola Oleshchuk, commander of the Ukrainian air force, said a Russian Ka-52 helicopter was hit by an anti-aircraft missile above Ukraine’s eastern Donetsk region at 11pm on Monday. Read More Pentagon accounting error provides extra $6.2 billion for Ukraine military aid A brief history of Putin’s love for nuclear weapons Ukraine said to have recaptured village in Zaporizhzhia – as fierce fighting continues across frontline
2023-06-21 14:55
UK Inflation Overshoots Again, Heaping Pressure on BOE
UK inflation remained higher than expected for a fourth month, ratcheting up pressure on the Bank of England
2023-06-21 14:52
Traders Fully Price 4% Peak ECB Rate for First Time Since March
Traders raised bets on further European Central Bank interest-rate hikes after a hotter-than-expected inflation print in the UK
2023-06-21 14:49
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:22
Heat-Tolerant Africa Coffee Strain Revived in Sierra Leone Pilot
A heat-tolerant coffee strain, lost to commercial production for more than 50 years, has been successfully grown in
2023-06-21 14:21
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
2023-06-21 13:56
Singapore Defends Climate Commitment After Kempen ESG Exclusion
The government of Singapore has defended its commitment to climate action following a decision by Van Lanschot Kempen
2023-06-21 13:22
Marketmind: Nevermind the cricket, here's inflation
A look at the day ahead in European and global markets from Tom Westbrook British inflation figures this morning could
2023-06-21 12:54