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UK pension schemes could face over concentration risks
UK pension schemes face increasing over-concentration risks in their corporate bond holdings. This is by following the downgrade of EDF, says AXA IM. On...
Sterling steadies vs euro after post ECB tumble
Sterling steadied against the euro after a sharp slide triggered by the European Central Bank‘s more hawkish tone. This overshadowed the Bank of England’s rate rise. The...
Energy stocks support FTSE 100’s first weekly gain in three
London’s FTSE 100 ended the week in positive territory. And this is after two weeks of losses despite edging lower, as banks retreated a day...
ECB’s Kazaks says July rate hike is unlikely
The European Central Bank could end its stimulus programme earlier than planned. ECB policymaker Martins Kazaks told that it is unlikely to raise its main interest...
Inflation rise hurts growth
The surge in inflation is hurting growth in the euro one. The chairman of the ministers Paschal Donohoe told the European Parliament’s economic committee...