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The Latest Breaking News from ECB

Europe's economy shows modest growth after months of stagnation as rate hikes weigh on businesses

Europe's economy is growing again — but not by much

The Independent UK

Women’s Hundred has purpose and offers platform – unlike the men’s edition

The women’s competition, which starts on Tuesday, is in rude health while the men’s Hundred is harder to shout about

The Guardian - UK

Dollar Follows Bond Yields Lower as U.S. Price Pressures Ease

The dollar index (DXY00 ) Friday fell by -0.14%. The dollar Friday fell back from a 2-1/2 week high posted on overnight trade and retreated after weaker-than-expected U.S. inflation news knocked T-note yields lower. Also, strength in the yen weighed on the dollar after the yen climbed to a 1-1/2...

Barchart

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Europe's banks could survive a drastic economic downturn, stress test shows

The European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses

The Independent UK

Yorkshire punished for extremely serious misconduct over racism experienced by ex-player Azeem Rafiq

Yorkshire has been fined and docked points in two formats of cricket over the club’s “extremely serious” misconduct in relation to the racism experienced by former player Azeem Rafiq

The Independent UK

Yorkshire punished for ‘extremely serious’ misconduct in Azeem Rafiq racism case

Rafiq initially spoke out in 2020 about the racism and bullying he experienced across two spells at Yorkshire.

The Independent UK

Stocks Gain as Bond Yields Fall on Signs of Cooling Inflation

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.52%. Stocks this morning are moderately higher after key measures...

Barchart

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Yorkshire County Cricket Club punished over racism scandal

NEW DELHI: Yorkshire County Cricket Club were docked 48 points in the English County Championship on Friday after pleading guilty to four offences relating to the Azeem Rafiq racism scandal.

The Times of India

Yorkshire fined and handed points deductions over Azeem Rafiq racism scandal

A CDC panel said £300,000 of the fine imposed had been suspended for two years

The Independent UK

English state school cricket training hubs to increase in wake of ICEC report

The National Hubs finals at Lord’s take place amid plans to quadruple the programme’s reach over the next three years

The Guardian - UK

Stocks Give Up Early Gains as the 10-Year T-note Yield Jumps Above 4%

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks on Thursday gave up early gains and settled...

Barchart

Dollar Rallies on Signs of U.S. Economic Strength

The dollar index (DXY00 ) Thursday recovered from early losses and finished up by +0.90% at a 2-week high. Stronger-than-expected U.S. economic news today on Q2 GDP, weekly jobless claims, and Jun pending home sales boosted T-note yields and supported the dollar. Also, weakness in the euro was bullish for...

Barchart

After a 13-Day Winning Streak, the Dow Jones Moves Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.46%. Stocks have given back their morning gains and are...

Barchart

After a 13-Day Winning Streak, the Dow Jones Move Lower

Barchart

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StockNews.com

3 Financial Service Stocks With Potentially Massive Returns

Despite the U.S. economy appearing to be on track to achieve the elusive soft landing, an increase in borrowing costs in the wake of further rate hikes by the Fed yesterday and ECB earlier today deem diligent analysis and management of credit risks. This could brighten the prospects of fundamentally…

The Guardian - UK

ECB urged to pause interest rate rises amid recession fears

Central bank raised rates by 0.25 percentage points in attempt to bring inflation down

Barchart

Stocks Rally as Economic News Shows a Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.34%. Stocks this morning are moderately higher, with the S&P...

Barchart

Markets Today: Stocks Soar on the Outlook for a Soft Landing

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.83% at a 16-month high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +1.47%. Stock indexes this morning are climbing on speculation the Federal Reserve may be close to ending its 16-month-long policy-tightening cycle. Also,...

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Evening Standard

ECB raises interest rates again, with traders divided on if it’s last hike

It was the ninth consecutive rate increase for the central bank for the Eurozone as it attempts to bring inflation back under control

The Independent UK

Europe's central bank is set to pile on another rate increase. Is it the last in a record series?

The European Central Bank is set to raise interest rates again Thursday

The Independent UK

Stock market today: Asian shares advance after the Federal Reserve raises interest rates

Asian shares are mostly higher after the Federal Reserve raised interest rates to their highest level in more than two decades, as expected

Barchart

Stocks Slip Ahead of an Expected 25 bp Fed Rate Hike

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.91%. Stocks this morning are mostly lower ahead of an...

Evening Standard

The Ashes: Harry Brook says he’ll learn from ‘reckless’ mistakes as he looks to secure landmark England deal

Harry Brook has said there is a “fine line between reckless and aggressive” as he admitted that his Ashes batting performances have, at times, fallen on the wrong side of it.

Barchart

Stock Gains Muted Ahead of Mega-Cap Tech Earnings and FOMC Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. Stocks this morning are moderately higher. Trading activity is...

Barchart

Dollar Gains as the Euro Falls on Weak Eurozone PMI Reports

The dollar index (DXY00 ) Monday rose by +0.32% and posted a 1-1/2 week high. Weakness in the euro Monday boosted the dollar after monthly Eurozone PMI reports missed expectations and hinted at a worsening slowdown in the Eurozone. The dollar extended its gains on Monday’s stronger-than-expected U.S. July S&P...

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