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The Latest Breaking News from ECB

Markets Today: Stocks Under Pressure on Weak Chinese Economic News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.52%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.61%. U.S. stock index futures this morning are moderately lower. Global stocks are under pressure today after weaker-than-expected news on China’s services industry sparked concerns about...

Barchart

Dollar Moves Higher with T-note Yields

The dollar index (DXY00 ) Monday rose +0.08%. The dollar rose slightly on the view the Fed will keep raising interest rates with the odds at 86% for a +25 bp rate hike at the next FOMC meeting on July 25-26. The dollar fell back from its best levels Monday...

Barchart

Does Europe really need a 'digital euro'?

The EU has taken a crucial step towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it has even been unveiled. RFI takes a look into what Brussels hopes and believes will be 'the next big…

Radio France Internationale

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Rishi Sunak discusses 'sting' of racism following fallout from damning cricket report

"There is no place for racism or sexism or anything else in our society and where we find it we should stamp it out”.

Manchester Evening News

Rishi Sunak insists ICEC report must be used as chance to reset cricket

The England and Wales Cricket Board commissioned a report into discrimination in the sport, which was released on Tuesday.

The Independent UK

Rishi Sunak discusses ‘sting’ of racism amid fallout from damning cricket report

The Prime Minister reflected on his love of cricket in the wake of the report into the sport.

The Independent UK

Cricket opportunites must improve for sport to have any chance of tackling elitist tag

Column: At a time when cricket is facing calls to tackle its elitist issue, London is being deprived of access to the game

Evening Standard

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Latest damning cricket report shows same old pathways remain blocked

The county pathways reflect wider issues, with racial inequality and state school pupils disadvantaged – this can be remedied

The Guardian - UK

Cricket inequalities in England and Wales are untenable – our report shows how to rejuvenate the game

After more than two years of research, interviews and evidence gathering, a landmark report by the Independent Commission for Equity in Cricket (ICEC) was published on June 27 2023. Holding Up a Mirror to Cricket contains strong and disturbing evidence about the class prejudice, racism and misogyny that runs through…

The Conversation

UK appears increasingly distant from global peers on price rises as Eurozone inflation falls to 5.1% in June

Inflation in the UK was 8.7% in May, the last month for which data has been published

Evening Standard

Europe inflation slips to 5.5% — but that won't stop central bank rate hikes

Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags

The Independent UK

Inflation is moving in different directions in Europe. It hit 6.8% in Germany and 1.6% in Spain

Inflation is pushing in different directions in Europe, rising in Germany and falling again in Spain

The Independent UK

England one-day captain Jos Buttler offered game-changing multi-year IPL deal

England white-ball captain Jos Buttler has been a regular for IPL franchise Rajasthan Royals since 2018 and they are planning to offer him a big money multi-year deal to represent all their franchises

Daily Mirror

Stocks Stable Despite Hawkish Central Bankers and Possible New U.S. Chip Restrictions

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday fell -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.12%. Stocks were undercut as central bank chiefs Wednesday kept up their hawkish...

Barchart

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Barchart

Dollar Sees Support from Hawkish Powell Comments

The dollar index (DXY00 ) on Wednesday rose by +0.40% as the market focused on Fed Chair Powell’s comment that he would not “at all” rule out two consecutive rate hikes. The markets are discounting only one +25 bp rate hike through year-end. Meanwhile, EUR/USD (^EURUSD ) fell -0.41% on...

Bristol Post

'Drastic change' is needed after 'distressing' incidents at Bristol's cricket clubs

A two-year inquiry found widespread problems with the national sport

Fortune

Europe moves closer to creating the digital euro—but privacy fears persist

Will the digital euro retain the privacy features of cold, hard cash?

Barchart

Stocks Mixed Despite Hawkish Central Bankers

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.5%. Stocks are mixed despite central bank chiefs hawkish language...

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The Independent UK

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

Barchart

Central Bankers Maintain Their Hawkish Bias at ECB’s Policy Forum

Central bank chiefs kept up their hawkish language as they appeared today on a policy panel at the ECB’s policy retreat in Sintra, Portugal. Fed Chair Powell said he won’t take two consecutive rate hikes off the table “at all.” Powell also said, “Policy hasn’t been restrictive for very long....

Barchart

Stocks Mildly Lower on Hawkish Central Bankers

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks are mildly lower this morning as central bank...

The Independent UK

Ex-Essex player Jahid Ahmed: Racism probe being dragged out to protect accused

Ahmed first made his allegations in 2021.

Barchart

Markets Today: Stocks Mildly Lower on Negative AI News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.20%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.38%. Nvidia (NVDA ) and other AI chip stocks are leading the markets lower this morning after the Wall Street Journal late Tuesday reported that the...

The Times of India

Racism case: Yorkshire County Cricket Club faces 500,000 pounds fine

According to British media reports, the England Wales Cricket Board (ECB) has informed an independent Cricket Discipline Commission (CDC) panel that Yorkshire should be imposed a fine of £500,000 ($636,600) and face point deductions due to their mishandling of racism allegations raised by former player Azeem Rafiq.

The Guardian - UK

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

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