The Latest Breaking News from ECB

Bank of England interest rate rise: why this could be the last increase for a while

The Bank of England has increased its benchmark interest rate to 4.5% – the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008.

The Conversation · May 11, 2023

Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more...

Barchart · May 11, 2023

Dollar Slips on a Dovish U.S. CPI Report

The dollar index (DXY00 ) on Wednesday fell by -0.14%. The dollar on Wednesday fell moderately as the weaker-than-expected U.S. Apr CPI report knocked T-note yields lower and fueled speculation the Fed may be done with its rate-hike campaign. Also, strength in EUR/USD weighed on the dollar as the euro...

Barchart · May 10, 2023

Dollar Climbs on Safe Haven from the U.S. Debt Impasse

The dollar index (DXY00 ) on Tuesday rose by +0.22%. The dollar on Tuesday posted moderate gains as concern about the ongoing U.S. debt ceiling turmoil boosted safe-haven demand for the dollar. Also, hawkish comments from New York Fed President Williams and Fed Governor Jefferson lifted bond yields and were...

Barchart · May 9, 2023

ECB appoints Ebony Rainford-Brent as non-executive director

Rainford-Brent was the first black woman to play for England.

The Independent UK · May 9, 2023

Stocks Under Pressure from U.S. Debt Ceiling Impasse and Weak Chinese Imports

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.56%. U.S. stocks this morning are moderately lower. A drop...

Barchart · May 9, 2023

Markets Today: Stocks Slip as Bank Stocks Fall and Chinese Imports Plunge

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.33%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.50%. U.S. stock index futures this morning are moderately lower. A drop of more than -15% in PacWest Bancorp in pre-market trading is leading regional bank...

Barchart · May 9, 2023

Jofra Archer facing uncertain future after he quits IPL early with familiar elbow injury

Hopes of a repeat of 2019 when Archer was a central figure in both the World Cup and the Ashes now appear a distant pipe dream

Daily Mirror · May 9, 2023

Injured Jofra Archer pulls out of IPL to put Ashes participation in doubt

England bowler returns home for “period of rest” due to discomfort after elbow surgery

Evening Standard · May 9, 2023

Jofra Archer returns home from IPL, casting doubt over Ashes series fitness

Mumbai Indians announced that Archer’s fitness will be monitored by the ECB and that his IPL place will be taken by Chris Jordan.

The Independent UK · May 9, 2023