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The Latest Breaking News from ECB

Dollar Tumbles on Weak U.S. Economic News

The dollar index (DXY00 ) on Tuesday fell by -0.51% and posted a 2-month low. A decline in T-note yields Tuesday undercut the dollar. Losses in the dollar accelerated Tuesday after U.S. economic reports on Feb JOLTS job openings and Feb factory orders were weaker than expected, signaling a slowdown...

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Stocks Modestly Lower as U.S. Job Openings Fall to a 1-3/4 Year Low

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. U.S. stock indexes this morning are modestly lower. Stocks...

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Stock Indexes Slide After Factory Orders Decline More Than Expected

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is down -0.15%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.3%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down - 0.06%. This morning the US Census...

Barchart

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Markets Today: Stock Index Futures Climb as Interest Rate Hike Concerns Recede

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.31% at a 1-1/2 month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.37% at a 7-1/2 month high. U.S. stock index futures this morning are moderately higher on reduced interest rate concerns. Monday’s economic...

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Dollar Weakens as Mar ISM Manufacturing Disappoints

The dollar index (DXY00 ) on Monday fell by -0.41%. The dollar Monday dropped to a 1-week low and posted moderate losses. The dollar Monday was under pressure from weaker-than-expected U.S. economic news on Mar ISM manufacturing and Feb construction spending. Also, lower T-note yields Monday weakened the dollar’s interest...

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Italy sees 2023 deficit on target despite higher rates, Eurostat setback - sources

Italy estimates a 2023 budget deficit broadly in line with its previous goal of 4.5% of national output, people familiar with the matter said, as Rome works to finalise new projections to be published next week.

Reuters

Azeem Rafiq open to Michael Vaughan meeting and suggests he could help reshape cricket

Michael Vaughan was cleared by a Cricket Discipline Commission panel on Friday of using racist language towards Azeem Rafiq and three other Yorkshire players before a match in 2009

Daily Mirror

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Piers Morgan and Azeem Rafiq in bitter spat after Michael Vaughan cleared in racism case

Piers Morgan and Azeem Rafiq came to blows on social media in the wake of former England Test skipper Michael Vaughan being cleared of his charge at the ECB racism hearing

Daily Mirror

How 149 seconds of grainy footage made the case for Michael Vaughan

Over four days in a stuffy Fleet Street room, two and a half minutes of video was spliced and diced, with Michael Vaughan’s career on the line

The Guardian - UK

I burst out crying – Michael Vaughan reveals relief at being cleared of racism

Former team-mates John Blain, Tim Bresnan, Andrew Gale, Matthew Hoggard and Richard Pyrah were all found guilty of using the term ‘P***’.

The Independent UK

It is tempting to see no winners but ECB’s judgment is a victory for Rafiq

This saga is an observation porthole into English cricket and, beyond that, Yorkshire CCC and wider society

The Guardian - UK

Dollar Gains on Month and Quarter-End Buying

The dollar index (DXY00 ) on Friday rose by +0.38%. The dollar Friday rose moderately on some month-end and quarter-end buying. However, dollar gains were limited after Friday’s economic news showed U.S. price pressures receding after the Feb core PCE deflator rose less than expected, which is dovish for Fed...

Barchart

Road to reconciliation after Yorkshire racism saga will be long and difficult

Over almost three years, views have become polarised, Yorkshire CCC has been left on its knees and the human cost spread far and wide

The Guardian - UK

Stocks Climb as U.S. Inflation Pressures Ease

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.72%. U.S. stock indexes this morning are moderately higher, with...

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The Guardian - UK

Azeem Rafiq and Yorkshire: timeline of a county cricket crisis

Azeem Rafiq’s first complaints to Yorkshire came almost six years ago. Here’s how it all unfolded

The Independent UK

Michael Vaughan faces wait over BBC future after he is cleared in racism hearing

A charge that Vaughan referred to a group of Asian players as “you lot” was found not proven.

The Independent UK

Michael Vaughan cleared of using racist language as former team-mates charged

John Blain, Tim Bresnan, Andrew Gale, Matthew Hoggard and Richard Pyrah were all found guilty of using the term “P***” at Yorkshire.

Daily Mirror

Michael Vaughan statement in full as ex-England skipper declares there are "no winners"

The ECB's Cricket Discipline Commission has cleared former England captain Michael Vaughan of using racist and/or discriminatory language and bringing the game into disrepute

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The Independent UK

Michael Vaughan cleared of using racist language before Yorkshire T20 match

A Cricket Discipline Commission panel found ‘significant inconsistencies’ in how key witnesses recalled an alleged remark made in 2009.

The Guardian - UK

Yorkshire racism allegations – Vaughan cleared, three charges against Hoggard considered proven – as it happened

The ECB’s Cricket Discipline Commission (CDC) has published findings on allegations against former Yorkshire players. Tony Paley has the details

The Guardian - UK

Vaughan rails at ECB after charge of racist language found unproven

The former England captain Michael Vaughan has been cleared of using racist and/or discriminatory language and bringing the game into disrepute by the ECB’s Cricket Discipline Commission

Evening Standard

Michael Vaughan: Former England cricket captain cleared of charge of making racist comment at Yorkshire

Panel ruled that case against Vaughan was not proved ‘on balance of probabilities’

The Independent UK

Michael Vaughan set to learn verdict from Cricket Discipline Commission hearing

Decisions in the case are set to be announced at 10.30am.

Barchart

Dollar Slips as Stocks and the Euro Rally

The dollar index (DXY00 ) on Thursday fell by -0.48%. An unexpected downward revision Thursday to U.S. Q4 GDP weighed on the dollar. Also, stronger-than-expected German inflation news Thursday was hawkish for ECB policy and pushed the euro higher against the dollar. In addition, a rally in U.S. stocks Thursday...

Financial Times

How rising interest rates are exposing bank weaknesses

Recent collapses in US and Europe highlight new threats to lenders and upend conventional wisdom

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