United Kingdom

Central Banks

U.S. 10-year yield heads for biggest monthly rise in over a year


LONDON U.S. Treasury 10-year yields were on course for their biggest monthly increase in more than a year on Wednesday as investors built up bets that the Federal Reserve will raise interest rates before the year is out.


Global funds flee UK assets post-Brexit, seek out EMs - poll 12:19pm BST

LONDON Global investors cut their UK equity and bond exposure in August in the wake of Britain's vote to leave the European Union and sought out higher-yielding emerging markets in reaction to Western central banks' loose monetary policies.

EU policymakers clash over valuing insurers' liabilities 11:36am BST

LONDON European Union policymakers clashed on Wednesday over whether to cut a benchmark used by insurers to value billions of euros in liabilities to better reflect very low central bank interest rates.


Euro zone inflation stable in August, against expectations of rise 10:13am BST

BRUSSELS Euro zone inflation was stable in August, against expectations of a slight rise, as food, industrial good and services prices increased by less than in July, piling more pressure on the European Central Bank to act.

Insight - Cheap money exposes weakness of German banks 1:57am BST

FRANKFURT European Central Bank money-printing has exposed the fault lines in Germany's banking system, forcing its sprawling network of lenders to rethink their business models and slash costs.


Slowing German inflation puts pressure on ECB 30 Aug 2016

BERLIN German annual inflation slowed unexpectedly in August, preliminary data showed on Tuesday, suggesting price pressures in Europe's largest economy remain weak despite the European Central Bank's ultra-loose monetary policy. | Video


Swiss central bank steps up stock buying spree 30 Aug 2016

ZURICH Switzerland's central bank now owns more publicly-traded shares in Facebook than Mark Zuckerberg, part of a mushrooming stock portfolio that is likely to grow yet further.


Fed's Fischer says U.S. job market 'very close' to full strength 30 Aug 2016

WASHINGTON The U.S. job market is nearly at full strength and the pace of interest rate increases by the Federal Reserve will depend on how well the economy is doing, Fed Vice Chairman Stanley Fischer said on Tuesday.


Japan PM's adviser - BOJ buying foreign bonds is an option to weaken yen 30 Aug 2016

TOKYO The Bank of Japan could consider buying foreign bonds as an option to weaken the yen, if government intervention in the currency market is deemed by the United States to be exchange rate manipulation, an adviser to Prime Minister Shinzo Abe said on Tuesday.


U.S. shares gain, European shares dip on Fed rate hike bets 29 Aug 2016

NEW YORK U.S. stock markets climbed on Monday while European share markets slipped in the wake of comments by top Federal Reserve officials that bolstered expectations for an interest rate hike by the U.S. central bank this year.