Sterling gains as UK inflation exceeds expectations
The pound sterling rose on Wednesday after UK inflation for October surpassed forecasts, reinforcing expectations…
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BOE
UK wage growth slows in June-August ’24
The UK's annual growth in employees’ average regular weekly earnings, excluding bonuses, stood at 4.9 per cent in…
BoE flags risk of sharp fall in global asset prices
The Bank of England (BoE) warned on Wednesday that global asset prices remain stretched and vulnerable to a sharp…
Asian shares hit 15-month high ahead of US data
Asian stocks edged higher on Monday, reaching a 15-month peak, as investors awaited key inflation data from the…
Asian shares steady on solid China trade data
Asian stocks stabilised on Thursday after positive Chinese trade data bolstered optimism about the world's…
Asian markets hesitate amid US inflation concerns
Asian markets showed hesitation on Monday as fears over US inflation data threatened to upset the trajectory…
BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…
UK stocks drop out 1% eyeing on new PM
UK's main stock indexes dropped by one percent on Monday as investors awaited the announcement of a new prime…
BoE holds rates as it warns of ‘severe’ coronavirus impact
The Bank of England has kept the base rate of interest at a record low of 0.1 per cent as it warned of “severe…
BoE won’t put no-deal Brexit into forecasts
Bank of England (BoE) will only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s…
Bank of England keeping an ‘open mind’ on Facebook’s cryptocurrency Libra
Bank of England (BOE) Governor Mark Carney announced on Thursday new initiatives to help modernise and steer the…
British lenders expect biggest mortgage lending cutback since 2008: BoE
British lenders expect to scale back mortgage lending over the next three months by greatest extent since late…
BOE governor is ‘completely wrong’ over no-deal Brexit warning: JD Wetherspoon…
The founder and chairman of JD Wetherspoon said he believes Bank of England (BOE) Governor Mark Carney is…
European markets to open lower ahead of BoE, ECB and Turkey rate decisions
European markets are expected to open lower on Thursday morning ahead of several central bank meetings.
Bank of England hikes interest rates for the second time since financial crisis
The Bank of England (BOE) on Thursday has announced a rate hike despite ongoing uncertainty over the future of the…
BOE may surprise markets with faster rise in UK rates: official
The Bank of England (BOE) might make interest rates increase faster than the markets are expecting, a member of the…
European markets to open higher ahead of OPEC meeting, BOE to unveil rate decision
European markets are set to open higher Thursday morning amid growing tensions in the oil market ahead of an OPEC…
BoE’s Carney: it may be appropriate to increase interest rates in coming months
Bank of England’s Governor Mark Carney said there likely will be an interest rate increase in the UK soon as the…
Pound sterling breaks above $1.35 but political uncertainty overshadows
The British pound sterling broke above the $1.35 mark during Friday morning but political uncertainty could…
Bank of England holds rates steady, sees two hikes in the next three years
The Bank of England (BOE) held on Thursday interest rates steady at 0.25 percent, as expected, while largely…
Bank of England staff walk out in first strike action for 50 years over pay dispute
Workers at the Bank of England (BOE) walked out Tuesday on strike for the first time in five decades, over a pay…
Bank of England keeps interest rates unchanged
The Bank of England (BOE) held on Thursday interest rates steady at 0.25 percent, though an unexpected rise in…
Bank of England votes 8-1 to hold interest rate at record low level of 0.25%
The Bank of England (BOE) held on Thursday interest rates at the record low level of 0.25 percent and maintained…
Asia stocks slip, Dow futures fall 55 points
Asian markets came under pressure on Thursday, after Australia posted stronger-than-expected trade surplus and…
BoE’s governor says not indifferent to sterling level, boosts pound
The Bank of England (BoE) is not indifferent to the level of sterling, its governor said Friday, giving a boost to…
Emirati Dana Gas oil production in Egypt hikes to 36,550 BOE/D
The current production of the Emirati oil and gas firm Dana Gas in Egypt is estimated at around 36,550 barrels of…
European stocks end on a high note after U.S. adds 255K jobs; earnings dominate
European stocks extended gains to end sharply higher Friday as investors digested more earnings and celebrated news…
Europe stocks end on positive note as BoE cuts rates
European stocks ended on Thursday in positive territory as investors celebrated the Bank of England's (BoE) latest…
FTSE 100 soars most in 5 weeks after Bank of England stimulus
U.K. blue-chip stocks jumped on Thursday by the most in about five weeks, as the Bank of England (BOE) cut its key…
BOE cuts rates first time in over 7yrs, makes biggest downgrade in 24yrs
The Bank of England (BOE) has cut on Thursday rates for the first time in over seven years, slashed growth…
European stocks rose ahead of Bank of England interest rate decision
European stocks traded higher in morning trade on Thursday ahead of the Bank of England's (BoE) rate decision where…
Bank of England likely to cut rates for first time in 7 years today
The Bank of England is widely expected to cut interest rates for the first time in seven years this week, in…
Sterling falls as BoE rate call looms
The British pound sterling inched lower Thursday as investors anticipated the Bank of England would cut interest…
Bank of England prepares to tackle Brexit hit
The Bank of England (BoE) must decide over the coming week how much trouble Britain's economy is in following the…
European stocks close higher after BOE leaves key rate steady
Stocks across Europe surged Thursday, remaining on higher ground after the Bank of England (BOE) surprised markets…
Gulf stock markets hold steady amid low oil prices
Gulf stock markets ended mixed on Thursday as investors treaded with caution after oil prices dropped the day…
Sterling surges, global stocks stall as BoE holds fire on Brexit response
Pound sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the…
Bank of England surprises markets, keeping rates on hold, signals August move
The Bank of England has kept interest rates unchanged on Thursday, wrong-footing many investors who had forecast…
Gold prices ease ahead of BoE policy
Gold dropped on Thursday after rising nearly 1 percent in the previous session, as the dollar firmed and Asian…
FTSE 100 soars as investors eye possible BOE interest rate cut
U.K. stocks traded higher on Thursday, with broad-based gains arriving ahead of what could be the first…