Pound Sterling Latest: BoE Inflation Nod Hampers GBP Recovery
The pound struggles to recover against the dollar after fairly mixed data this week was met with a dovish inflation assessment by Andrew Bailey
Crude Oil Prices Slip Again As Higher-For-Longer Rate Prospects Dent Supply Hopes
Monetary policy questions are trumping geopolitics in the energy market
USD/JPY Latest: Trilateral Meeting Hints at Co-ordinated Intervention Effort
A trilateral meeting between Japan, Korea and the US focused on FX volatility has offered up the possibility of a coordinated effort to strengthen the Asian currencies
Gold (XAU/USD) Price Holds Steady Amid Pause in Middle East Tensions
The precious metal is getting a small bid from a slightly weaker US dollar and fears that Iran’s recent drone and missile attack will soon spark retaliatory action from Israel.
USDZAR Price Forecast: Rand Remains Steady after Local CPI Inflation
While inflation is moderating, rates appear unlikely to ease in the first half of 2024
Karen Karniol-Tambour on the Changing Macroeconomic Environment and Fiscal Policy
Bridgewater co-CIO Karen Karniol-Tambour joined a panel conversation at Semafor’s first World Economy Summit to discuss the evolving macroeconomic environment, fiscal policy, the bond market, demand
SFO strategy details new pilot programme – but leaves some questions unanswered
The UK’s Serious Fraud Office (SFO) has vowed to push ahead with its plan to pay rewards to whistleblowers and develop a new “pilot programme” to thwart fraud, bribery and corruption, according
Coventry Building Society agrees terms to buy Co-op Bank for £780m
Coventry Building Society has agreed terms to buy The Co-operative Bank for £780m as a wave of consolidation sweeps through the mid-sized banking sector.
Interest rates and the green economy: The carbon cost of higher for longer
The high capital intensity and low returns on green projects make them particularly vulnerable to high rates.
Badenoch accuses FCA of ‘overreach’ with diversity rules
Kemi Badenoch has accused the Financial Conduct Authority of regulatory “overreach” on diversity and inclusion after the watchdog outlined plans to boost representation in the City.