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The Latest Breaking News from ECB

Awaiting ECB clearance, Liam Livingstone to miss Punjab Kings' IPL opener against KKR

NEW DELHI: England's power-hitter Liam Livingstone will miss the opening game for Punjab Kings in the IPL as he is yet to get a fitness clearance from the ECB after recovering from a knee injury he suffered in December.

The Times of India

Markets Today: Stock Indexes Climb as Tech Strength Buoys Sentiment

Morning Markets March S&P 500 futures (ESM2 3) this morning are up +0.79%, and March Nasdaq 100 E-Mini futures (NQM2 3) are up +0.82%. U.S. stock index futures this morning are moderately higher. Technology stocks are climbing in pre-market trading to lead stock index futures higher after Micron Technology forecasted...

Barchart

Dollar Moves Lower as Banking Concerns Subside

The dollar index (DXY00 ) on Tuesday fell by -0.41%. The dollar retreated Tuesday for a second day as an easing of banking-sector contagion reduced the liquidity demand for the dollar. However, the dollar saw support from weakness in stocks Tuesday. Tuesday’s U.S. economic data was mixed for the dollar....

Barchart

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Tech Stocks Fall on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.84%. U.S. stock indexes this morning are mixed, with the...

Barchart

Survivors group criticises ECB over ‘lack of transparency’ around Hyam report

Matthew Hyam was sentenced to two years and four months’ imprisonment in September 2021.

The Independent UK

Ben Stokes to start IPL purely as a batter for Chennai Super Kings, says Mike Hussey

NEW DELHI: In a big dent to Chennai Super Kings' IPL 2023 title aspirations, star all-rounder Ben Stokes is set to start the T20 league purely as a batter and hopefully he will be bowling at some stage in the tournament, according to CSK batting coach Mike Hussey.

The Times of India

England captain Ben Stokes to manage fitness during IPL ahead of Ashes

Stokes has already started work with Chennai Super Kings, who signed him for a bumper £1.6million in December.

The Independent UK

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Michael Vaughan goes 'on front foot' at charity gig after Yorkshire racism hearing

Former England captain Michael Vaughan vehemently denies making a racist comment towards ex-Yorkshire teammates and used a recent charity gig to take aim at the ECB

Daily Mirror

IMF chief warns global financial stability at risk from banking turmoil

Kristalina Georgieva joins others in voicing fears about threat to world economy after recent bank collapses

The Guardian - UK

England could 'triple match fees' in fight against lucrative T20 franchise competitions

The rise of T20 franchise leagues around the world means players have opted to skip representing England in order to honour more lucrative deals elsewhere and the ECB are looking to combat this

Daily Mirror

U.S. Economic Strength and Bank Turmoil Boost the Dollar

The dollar index (DXY00 ) on Friday rose by +0.56%. The dollar Friday rose moderately on stronger-than-expected U.S. economic reports. Also, signs of strong foreign demand for dollars are bullish for the greenback after the Federal Reserve facility that gives foreign central banks access to dollar funding was tapped for...

Barchart

Stocks Rally Off Morning Lows

What you need to know… The S&P 500 Index ($SPX ) (SPY ) is up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. After a opening up in the red, U.S. stock indexes...

Barchart

Bank Woes Weigh on Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.53%. U.S. stock indexes this morning are moderately lower on...

Barchart

Markets Today: Stock Indexes Slump on Banking Sector Woes

Morning Markets March S&P 500 futures (ESM2 3) this morning are down -0.90%, and March Nasdaq 100 E-Mini futures (NQM2 3) are down -0.57%. U.S. stock index futures this morning are falling on continued concern about the banking sector's stability. A sell-off of bank stocks in pre-market trading is leading...

Barchart

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Asharq Al-Awsat

EU Leaders Grapple with Bank Risks as Economy Weakens

European Union leaders gathered Friday to gauge the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the energy crunch tied to Russia's war in Ukraine. The deliberations by EU government heads in Brussels follow US regulators shutting down two US…

The Independent UK

EU leaders grapple with bank risks as economy weakens

European Union leaders are gauging the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy

Barchart

Dollar Rebounds as Stocks Falter

The dollar index (DXY00 ) on Thursday rose by +0.16%. The dollar Thursday recovered from a 6-week low and posted moderate gains. A reversal in stocks Thursday sparked short covering in the dollar after the S&P 500 erased an early rally and turned lower on a slump in bank stocks....

The Independent UK

Fed's unwanted ally in bid to tame inflation: Credit crunch

The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: A cutback in bank lending

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Barchart

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

The Times of India

Bairstow to miss entire IPL, Livingstone cleared: Report

NEW DELHI: Prolific England batter Jonny Bairstow will miss the entire IPL this year as his cricket board refused to grant him No Objection Certificate (NOC) to play in the high-profile T20 league beginning on March 31, according to a report.

The Independent UK

ECB's Lagarde: Future rate hikes open amid banking turmoil

European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain

Daily Mirror

ECB and PCA on collision course with players set to be banned from Major League Cricket

The ECB and PCA have conflicting views on the involvement of England players competing in the inaugural American Major League Cricket competition in Dallas this July

The Guardian - UK

Swiss solve one problem at Credit Suisse, but create another for bondholders

Decision over bonds rips up convention and could undermine confidence in banking system

The Guardian - UK

Investors consider legal action over Credit Suisse deal; Downing Street says UK banking system is safe – as it happened

Holders of riskier AT1 bonds, which are wiped out under deal with UBS, consider legal action.

Tribune News Service

Global central banks endorse Switzerland’s Credit Suisse deal

Central banks around the world lined up to hail Credit Suisse’s rescue, and emphasized the strength of the lenders under their remit.

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