Economy

UK pound sinks below $1.30 after retail sales disappoint

Jul 19, 2018

The British pound has fallen below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month

Britain's Boris Johnson says 'not too late to save Brexit'

Jul 18, 2018

U.K. Prime Minister Theresa May plans to address lawmakers from her Conservative Party in an attempt to ease tensions after a series of close votes in the House of Commons underscored the fragility of her government

US optimism pushes stock markets mostly higher

Jul 18, 2018

Upbeat Fed assessment, U.S. data leads gains in Europe after a mixed day in Asia

UK rate hike in doubt after weak inflation figures

Jul 18, 2018

Official figures show that consumer price inflation across the U.K. was unchanged in the year to June, a lower than anticipated outcome that may temper some expectations that the Bank of England will raise interest rates next month

Asian stocks rise as solid US performance lifts spirits

Jul 18, 2018

Asian stocks rise as Fed comments, solid US performance lifts spirits

UK's May faces down revolt over Brexit trade bill

Jul 17, 2018

The official group that campaigned for Britain's exit from the European Union at the 2016 EU referendum has been fined and referred to the police for breaking electoral law

The Latest: UK's May halts revolt over Brexit trade bill

Jul 17, 2018

British Prime Minister Theresa May faced down rebellion over her plans for the country's exit from the European Union, with lawmakers rejecting a key amendment on a Brexit trade bill

World markets turn lower ahead of comments by Fed chair

Jul 17, 2018

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

UK wage growth dips but interest rate increase seen on track

Jul 17, 2018

Official figures show that wage growth in the U.K. moderated in the three months to May, a development that's unlikely to dislodge expectations that the Bank of England will raise interest rates next month

Asian stocks fall, weighed by tensions over US trade tariffs

Jul 17, 2018

Asian markets are lower as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track

Financial Markets

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