The Latest Breaking News from ECB

ECB raises interest rates by quarter of a point to tame inflation

Move marks eighth successive rise, highlighting struggle to cool price rises amid juddering growth

The Guardian - UK · Jun 15, 2023

Markets Today: Stocks Fall on Hawkish Global Central Banks

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.50%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.79%. U.S. stock index futures this morning are moderately lower on concern major central banks will keep interest rates higher for longer to contain inflation. The...

Barchart · Jun 15, 2023

Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages

The European Central Bank (ECB) has raised its three key interest rates by 0.25% to their highest levels in more than 20 years. The ECB’s “main refinancing rate” which dictates the cost of borrowing across much of Europe, including for people with tracker mortgages in Ireland, will rise from 3.75%…

The Conversation · Jun 15, 2023

Stocks Underpinned by Expectations the Fed Will Pause Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.48%. U.S. stocks this morning are mixed, with the S&P...

Barchart · Jun 14, 2023

£250m boost as Ashes and other major cricket tests coming to Birmingham

England & Wales Cricket Board reveals new seven-year allocation with Edgbaston stadium among those to benefit

Birmingham Post · Jun 14, 2023

Markets Today: Stocks Edge Higher Ahead of FOMC Decision

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.15% at a 13-3/4 month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.12%. U.S. stock index futures this morning are moderately higher ahead of the results of today’s FOMC meeting, where expectations are...

Barchart · Jun 14, 2023

Stocks Climb on the Outlook for the Fed to Pause Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. U.S. stocks this morning are moderately higher, with the...

Barchart · Jun 13, 2023

ECB criticises Colin Graves for calling racism at Yorkshire ‘banter’

The England and Wales Cricket board criticised the former Yorkshire chairman Colin Graves for referring to incidents of racism at the club as “banter”

The Guardian - UK · Jun 12, 2023

Stocks Higher Ahead of U.S. May CPI Report and FOMC Meeting

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. U.S. stocks this morning are moderately higher, with the...

Barchart · Jun 12, 2023

Markets Today: Stocks Climb on M&A Activity Ahead of FOMC Meeting

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.20%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.38%. U.S. stock index futures this morning are mildly higher. M&A activity is supportive for stocks after Nasdaq Inc agreed to Adenza from buyout firm Thoma...

Barchart · Jun 12, 2023