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The Latest Breaking News from ECB

ECB raises eurozone interest rates as Iran war stokes inflation

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

The Guardian - UK

English cricket has quickly found itself in another mess. Ben Stokes is in the middle of it

English cricket faces turmoil as captain Ben Stokes is dropped. He broke a team curfew after a victory. This incident follows a difficult Ashes tour. The team was already under scrutiny for player conduct. Joe Root takes over as interim captain. The situation raises questions about Stokes' future in the…

The Economic Times

Eurogroup chief tells Euronews 'fiscal policy must not contradict ECB' effort to tame inflation

Pierrakakis tells Euronews fiscal policy must not contradict the ECB's efforts to tame inflation as the central bank prepares to raise interest rates. Rome is calling for more flexibility pegged to rising energy costs as a result of war.

Euronews

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Stocks Climb Before the Open on U.S.-Iran Peace Hopes, PPI Data in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.79%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.21% this morning as investors stepped in to buy the dip after the swift end to the latest round of U.S. strikes against Iran fueled expectations that talks over a peace deal…

Barchart

European markets open cautiously ahead of ECB rate decision

The European Central Bank is widely expected to raise interest rates for the first time since 2023 as policymakers respond to rising inflation fuelled by higher energy prices linked to the Iran war.

Euronews

Dollar Recovers as Crude Surges and Stocks Slump

The dollar index (DXY00 ) on Wednesday rose by +0.06%. The dollar recovered from early losses on Wednesday and posted modest gains after crude oil prices surged. WTI crude rallied by more than 2% on Wednesday, boosting inflation expectations that could prompt the Fed to tighten monetary policy, a supportive...

Barchart

Ben Stokes and Gus Atkinson dropped from England squad after nightclub incident

Joe Root handed interim captaincy for second New Zealand Test instead of vice-skipper Harry Brook

Evening Standard

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Dollar Weakens on as Expected US May CPI

The dollar index (DXY00 ) today is down by -0.13%. The dollar is under pressure today after US May consumer prices rose as expected, easing inflation fears and potentially keeping the Fed from tightening monetary policy. Losses in the dollar are limited as today's stock weakness has boosted liquidity demand...

Barchart

Michael Vaughan backs Ben Stokes to retain England captaincy – but admits concern over behaviour

Question marks linger over the 35-year-old’s future following his involvement in a nightclub incident which also involved team-mate Gus Atkinson

The Independent UK

Ben Stokes could retire following nightclub incident: Report

England Test captain Ben Stokes faces potential retirement following a nightclub incident. Teammate Gus Atkinson was also involved. The England and Wales Cricket Board is investigating the breach of team protocols. The incident occurred early Monday morning after England's victory. Former player Steve Harmison has defended Stokes. The second Test…

The Economic Times

Crude Oil Weakness Weighs on the Dollar

The dollar index (DXY00 ) on Tuesday fell by -0.12%. Tuesday's -3% plunge in WTI crude oil prices to a 7-week low lowered inflation expectations, which could prompt the Fed to pursue easier monetary policy, a bearish factor for the dollar. Also, lower T-note yields on Tuesday weakened the dollar's...

Barchart

Ben Stokes set to be left out of England squad for second New Zealand Test

Ben Stokes is highly unlikely to be included in England’s squad for the second Test against New Zealand after the 35-year-old asked for space and time to consider his long-term future

The Guardian - UK

Could Ben Stokes be about to quit as England captain?

IN FULL

The Independent UK

Stokes shouldn’t lose his job for breaking curfew when ECB failings run so much deeper

Midnight bedtime was entirely a public relations exercise to reconnect with fans – the same fans the ECB invites to one long piss-up at Lord’s

The Guardian - UK

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The Independent UK

Ben Stokes pondering England captaincy future as nightclub incident fallout rumbles on

Former England captain David Gower feared Stokes’ reign was already all but done

The Conversation

Why the EU economy should embrace digital currencies to become less dependent on the US

Compared to other parts of the world, the EU on the whole has been fairly reluctant to embrace digital economic innovation. The bloc has been suspicious of cryptocurrencies, and treated them as a potential threat to a financial system where stability is paramount.

The Independent UK

Ben Stokes’ reign as England captain probably already in the past – David Gower

Stokes and team-mate Gus Atkinson breached team protocols by ignoring a recently-imposed midnight curfew.

The Independent UK

Stokes’ captaincy ‘could be in the past tense’ says former England cricket star

IN FULL

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The Independent UK

Ben Stokes’ England captaincy ‘in severe doubt’ after nightclub incident, David Gower says

The ECB, the Cricket Regulator and Saracens are investigating events which took place at a London nightclub

The Independent UK

Ben Stokes’ act of staggering stupidity has embarrassed English cricket at the worst moment

Comment: After an Ashes debacle this winter during which England were forced to deny they had a toxic drinking culture, their captain’s nightclub incident alongside Gus Atkinson this week will only further fray the bond with the public

International Business Times UK

Why Is Ben Stokes Being Investigated? England Captain Faces Uncertain Future After Nightclub Incident

Ben Stokes is under investigation by the ECB for a potential breach of team protocols following a nightclub incident after England's Test victory over New Zealand.

The Independent UK

Ben Stokes’ future as England Test captain uncertain after nightclub incident

The England and Wales Cricket Board said it was investigating a ‘breach of team protocols’.

The Independent UK

Ben Stokes Test place and England captaincy in doubt after nightclub incident

It is understood that the timing contravened the team’s midnight curfew, which remained in effect despite the match's conclusion

Evening Standard

ECB launch investigation into Ben Stokes and Gus Atkinson nightclub 'incident'

Pair under fire after ‘breach of team protocols’

The Independent UK

England cricket pair Ben Stokes and Gus Atkinson involved in nightclub ‘incident’

IN FULL

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