Hawkish fed triggers global sell-off, UK stocks fall
UK shares dropped, tracking a fall in global equity markets after minutes of the U.S. Federal Reserve’s meeting showed the central bank‘s hawkish stance toward...
Euro zone business lending picked up
Lending to euro zone companies accelerated for the third straight month. European Central Bank data showed that reversing in part a steady decline in the early...
UniCredit shines on Orcel’s $18 BLN
Investors welcomed a pledge by new UniCredit Chief Executive Andrea Orcel to return at least 16 billion euros to them under his new strategy...
Dollar edges higher before US jobs report as Omicron fears ease
The dollar ticked higher amid a broadly calmer tone in markets. This is because the fears over Omicron’s impact eased. But the currency moves...
UK medium term inflation gauge hits highest record
A key measure of medium-term British inflation expectations in financial markets hit its highest since at least late 2013. This has potentially added to...