LONDON European stocks and the pound held on to a third day of gains as the immediate market flurry over Britain’s vote to pull out of the European Union settled.
BEIJING/SHANGHAI China's central bank is willing to let the yuan fall to 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year's record decline of 4.5 percent, policy sources said.
BRUSSELS Consumer prices rose in the euro zone during June for the first time in five months, suggesting the European Central Bank's efforts to fight deflation were beginning to have some effect.
LONDON JP Morgan said on Thursday a Scottish currency in a newly independent Scotland could initially be stabilised near parity with sterling by the Bank of England and European Central Bank, given their strong mutual interest in ensuring stability there.
TOKYO Dissenters to the Bank of Japan's stimulus measures remain a minority on its board, but their call to scrap the time frame for its inflation target is gaining converts and casting doubt on the credibility of bank governor Haruhiko Kuroda and his broader program.
SINTRA, Portugal The European Central Bank is in no rush to ease monetary policy in response to Britain's vote to leave the European Union, taking comfort in a calmer-than-feared market reaction, bank officials said on Wednesday.
DUBLIN The uncertainty created by Britain's vote to leave the European Union will persist for some time and resulting delays in consumer spending and investment are of immediate concern, Ireland's Central Bank governor said on Wednesday.
NEW YORK Stock markets around the world rebounded for the second straight day on Wednesday as fears about last week's Brexit vote eased and investors wagered central banks would ultimately ride to the rescue with more stimulus. | Video
NEW YORK/WASHINGTON U.S. bank subsidiaries of Deutsche Bank AG and Banco Santander SA yet again failed the Federal Reserve's stress test on Wednesday due to "broad and substantial weaknesses" in their capital planning processes.
LONDON Bank of England Governor Mark Carney is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the European Union in a speech on Thursday, his second intervention since the shock referendum result.