Starmer Resigns, Burnham to Become UK PM; Pound Drops, Gilts Sell Off
Andy Burnham is poised to become UK prime minister after Keir Starmer stepped down, triggering a selloff in the pound and UK…
Andy Burnham is poised to become UK prime minister after Keir Starmer stepped down, triggering a selloff in the pound and UK…
ECB President Christine Lagarde says no need for more forceful monetary response to Iran war, keeping euro steady and European bond yields…
The ECB is pushing for a greater global role of the euro, aiming to reduce dollar dominance and lift the currency’s share…
Canada’s inflation rate surged to the highest since 2023 on a gasoline price spike, raising questions about the Bank of Canada’s easing…
Alan Greenspan, the longest-serving Fed chair since McChesney Martin, died at 100, leaving a legacy of steering the U.S. through the 1990s…
Bitcoin struggles near $64,000 as the US Dollar Index rockets to its strongest since May 2025, but July's historically positive seasonality offers…
The pound weakened and UK government bonds remained stable after Prime Minister Keir Starmer’s resignation, prompting concerns over political stability and the…
France issues red alert as Europe’s heat wave intensifies, driving up natural gas prices and threatening wheat crops, with TTF and Euronext…
ECB's Escrivá sees oil-driven wage pressures requiring hawkish central bank vigilance to prevent embedded inflation.
Philippine growth downgrade amid Iran war and graft scandal pressures the peso and stocks, boosting gold as geopolitical risk flares.
Trump's latest tariff wall triggers a shakeup across financial markets, with the dollar strengthening, stocks falling, and gold surging as investors brace…
Japan's Takaichi clears political path for BOJ rate hikes, fueling yen gains and headwinds for Nikkei and JGBs.