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The Latest Breaking News from ECB

The Hundred: GMR Group retains Southern Brave

GMR Group has acquired a stake in Southern Brave, finalising the ECB's equity distribution process for The Hundred. With this deal, Southern Brave becomes the fourth Hundred team with IPL-linked ownership, joining Northern Superchargers (Sun Group), Manchester Originals (RPSG Group), and Oval Invincibles (Reliance).

The Times of India

Southern Brave sale completes Hundred’s £1bn revamp of English cricket

English cricket completed arguably its greatest transformation in living memory after Southern Brave became the eighth and final franchise to be bought in the landmark Hundred sale

The Guardian - UK

Dollar Declines as US Tariffs Weigh on Sentiment

The dollar index (DXY00 ) Tuesday fell by -0.35%. The dollar was under pressure from concern that President Trump's 25% tariffs on all steel, aluminum, and finished metals imports into the US will encourage retaliation that curbs US economic growth. Losses in the dollar were limited by higher T-note yields...

Barchart

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Dollar Slides on Concern US Tariffs Could Weigh on the Economy

The dollar index (DXY00 ) today is down by -0.15%. The dollar today is slightly lower on concern that President Trump’s 25% tariffs on all steel, aluminum, and finished metals imports into the US will encourage retaliation that curbs US economic growth. Losses in the dollar are limited by higher...

Barchart

Government remains behind ECB’s decision to fulfil Afghanistan fixture

Secretary of State for Culture, Media and Sport, Lisa Nandy, feels a boycott would be “counterproductive”.

The Independent UK

Dollar and Gold Supported by US Tariffs

The dollar index (DXY00 ) Monday rose by +0.26%. The dollar posted moderate gains Monday after President Trump revealed plans to impose 25% tariffs on all steel and aluminum imports into the US, raising concern that rising tariffs may boost inflation and limit the Fed's ability to cut interest rates....

Barchart

Dollar Gains and Gold Rallies to a Record High on US Tariffs

The dollar index (DXY00 ) today is up by +0.18%. The dollar today is mildly higher after President Trump revealed plans to impose 25% tariffs on all steel and aluminum imports into the US, raising concern that rising tariffs may boost inflation and limit the Fed's ability to cut interest...

Barchart

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Dollar Rallies on Higher Bond Yields and US Tariff Threats

The dollar index (DXY00 ) Friday rose by +0.31%. The dollar rose Friday with T-note yields after the hawkish US Jan payroll report reduced the chances to 10% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm payrolls climbing less than expected, Dec payrolls...

Barchart

Hundred auction leaves counties feeling flush but no longer calling the shots

Minority partners will have major influence with combined valuation of the eight teams tracking towards £1bn

The Guardian - UK

Dollar Gains on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.05%. The dollar is climbing with T-note yields today after the hawkish US Jan payroll report reduced the chances to 8% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm payrolls climbing less than expected,...

Barchart

Middlesex claim recovery of £100,000 in unauthorised payments but chief avoids criminal charges

Middlesex claimed to have recovered unauthorised payments made to former chief executive Richard Goaltey after the Met police confirm he will face no action over fraud allegations

The Guardian - UK

England to play Afghanistan in Champions Trophy despite boycott calls from politicians

England have confirmed they will face Afghanistan in the Champions Trophy match scheduled for February 26 in Lahore, despite British politicians urging for a boycott.

The Times of India

Stocks Settle Mainly Higher Ahead of Friday’s US Payroll Report

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.54%. March E-mini S&P futures (ESH25 ) rose by +0.20%, and March E-mini Nasdaq futures...

Barchart

Dollar Slightly Higher as T-Note Yields Climb

The dollar index (DXY00 ) Thursday rose by +0.07%. The dollar on Thursday rose modestly after US Q1 nonfarm productivity rose as expected. Also, higher T-note yields on Thursday were favorable for the dollar. In addition, hawkish comments from Chicago Fed President Goolsbee supported the dollar when he said fiscal...

Barchart

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The Guardian - UK

England will not boycott Afghanistan game despite Taliban ‘gender apartheid’

ECB chair Richard Thompson condemned ‘oppression of women and girls’ in Afghanistan but insisted a ‘unilateral boycott’ was not the right policy

Evening Standard

England to face Afghanistan in Champions Trophy despite calls for boycott

More than 160 MPs and peers had called for a boycott in response to the Taliban’s actions since returning to power

The Independent UK

England make decision on Afghanistan clash at Champions Trophy after calls for boycott

The ECB have confirmed that the tournament fixture will go ahead despite calls for England to boycott over the Taliban’s treatment of women

Barchart

Stocks See Support from Positive Earnings Results

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. March E-mini S&P futures (ESH25 ) are up by +0.07%, and March E-mini Nasdaq...

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Dollar Firms on Higher T-Note Yields

The dollar index (DXY00 ) today is up by +0.29%. The dollar today is higher on some mild short covering after two days of losses. The dollar also garnered some support after US Q1 nonfarm productivity rose as expected. Higher T-note yields today are favorable for the dollar. Limiting gains...

Barchart

Stocks Find Support From Strong Earnings Results

The S&P 500 Index ($SPX ) (SPY ) today is up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. March E-mini S&P futures (ESH25 ) are up by +0.21%, and March E-mini Nasdaq...

Barchart

Dollar Falls and Gold Rallies as Bond Yields Tumble

The dollar index (DXY00 ) Wednesday fell by -0.30% and posted a 1-week low. The dollar added to Tuesday's sharp losses Wednesday after the 10-year T-note yield dropped to a 7-week low. Also, stronger-than-expected Japanese wage news pushed the yen to a 7-week high today against the dollar. In addition,...

Barchart

Dollar Tumbles as Bond Yields Slide and the Yen Strengthens

The dollar index (DXY00 ) today is down by -0.50% at a 1-week low. The dollar added to Tuesday's sharp losses today after the 10-year T-note yield dropped to a 7-week low. Also, stronger-than-expected Japanese wage news pushed the yen to a 7-week high today against the dollar. In addition,...

The Times of India

'A marriage made in heaven': Tech Billionaire Sanjay Govil on Welsh Fire acquisition

Washington DC based Indian American tech tycoon Sanjay Govil is all set to acquire a large chunk of minority stake in Welsh Fire franchise in The Hundred competition. Govil is set to acquire 49% stake for £33m after his winning bid valued the franchise at £67.5m. This is Govil’s second…

The Times of India

RPSG Group bags Manchester Originals team

NEW DELHI: The RP-Sanjiv Goenka Group, led by business tycoon Sanjiv Goenka, acquired 70 percent stake in the Manchester Originals cricket franchise for approximately 75 million pounds – valuing the franchise at 107 million pounds – following an auction on Monday. The RPSG Group outbid a US-based private equity firm…

Barchart

Stocks Finish Lower on Tariff Uncertainty

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.84%. March E-mini S&P futures (ESH25 ) fell by -0.72%, and March E-mini Nasdaq futures...

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