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The Latest Breaking News from ECB

‘Like a Formula 1 car’: Jofra Archer setback leaves England searching for answers but hope remains

England’s fast bowler will not renew his rivalry with Steve Smith in this summer’s Ashes, as Sonia Twigg analyses where the ECB turn next to solve his chronic elbow issue

The Independent UK

England keeping faith in Jofra Archer after "distraught" star is ruled out of Ashes

World Cup defence in October also in doubt after Archer is ruled out of entire summer with recurring elbow injury

Daily Mirror

Highs and lows of Jofra Archer’s England career after Ashes setback

The 28-year-old has been ruled out for the entire summer with an elbow injury.

The Independent UK

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Jofra Archer ruled out of Ashes, Jonny Bairstow returns to Test squad

England will be without pace bowler Jofra Archer for the upcoming Ashes after injury woes continued to plague the Barbadian-born star's career.

ABC News

Jofra Archer out of Ashes after recurrence of elbow stress fracture

Jofra Archer will miss a second straight summer, while Jonny Bairstow returns for the Test against Ireland and will keep wicket, with Ben Foakes dropped

The Guardian - UK

Jofra Archer to miss Ashes summer with fresh stress fracture in his elbow

Archer has not played Test cricket for more than two years but had hoped to make his return against Australia.

The Independent UK

European economy expected to grow faster than forecast, says EU

Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1%

The Guardian - UK

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Bank of England interest rate rise could be the last for a while

The UK’s new 4.5% base rate may seem high, but it’s actually quite low compared to the 1980s and 1990s

Wales Online

Dollar Gains as Higher Inflation Expectations are Hawkish for Fed policy

The dollar index (DXY00 ) on Friday rose by +0.63% and posted a 1-1/2 week high. An increase in long-term U.S. inflation expectations boosted T-note yields Friday and strengthened the dollar’s interest rate differentials. Also, comments from Fed Governor Bowman were hawkish for Fed policy and bullish for the dollar...

Barchart

Stocks Turn Lower as Long-Term Inflation Expectations Unexpectedly Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.33%. U.S. stocks this morning gave up an early advance...

Barchart

Markets Today: Signs of Progress in Debt Ceiling Talks Boost Stocks

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.28%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.12%. U.S. stock index futures this morning are moderately higher. Signs of progress on a deal to raise the debt ceiling are lifting stock index futures...

Barchart

Cricket has to be ‘fluid’ over long-term franchise deals, says Brendon McCullum

Reports have suggested Jofra Archer is being lined up for a year-round deal by his Indian Premier League side Mumbai Indians.

The Independent UK

Dollar Gains on Weak Stocks and Ongoing Banking Turmoil

The dollar index (DXY00 ) on Thursday rose by +0.57%. The dollar on Thursday rallied to a 1-week high as weakness in stocks boosted liquidity demand for the dollar. The dollar is also finding support as a safe haven from the turmoil in the banking sector after PacWest Bancorp plunged...

Barchart

Stocks Weighed Down by Weakness in Disney and Regional Bank Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.60%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. U.S. stocks this morning are moderately lower. An -8%...

Barchart

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news in one place.

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Barchart

Markets Today: Stocks Lower as U.S. PPI Eases but Regional Bank Stocks Fall

The S&P 500 Index ( $SPX ) ( SPY ) is down -0.49%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.94%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.1%. U.S. stock indexes this morning are lower. U.S. weekly...

The Conversation

Bank of England interest rate rise: why this could be the last increase for a while

The Bank of England has increased its benchmark interest rate to 4.5% – the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008.

Barchart

Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more...

Barchart

Dollar Slips on a Dovish U.S. CPI Report

The dollar index (DXY00 ) on Wednesday fell by -0.14%. The dollar on Wednesday fell moderately as the weaker-than-expected U.S. Apr CPI report knocked T-note yields lower and fueled speculation the Fed may be done with its rate-hike campaign. Also, strength in EUR/USD weighed on the dollar as the euro...

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The Guardian - UK

IPL and other T20 franchise leagues ‘pose threat to ECB’s financial future’

The ECB has warned of the potentially cataclysmic impact of the rising power of overseas franchises such as the IPL while the appeal of Test cricket declines

The Times of India

BCCI could earn $1.15 billion in revenue share from ICC during 2023-2027 cycle

NEW DELHI: The Indian cricket board (BCCI) could witness another round of cash windfall during the next five-year cycle between 2023-2027 with estimated earnings of over $1.15 billion (Rs 9 billion) from ICC's share of annual revenue.

Barchart

Favorable CPI Report Sparks a Rally in Technology Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.99%. U.S. stocks this morning are mixed, with the S&P...

Barchart

Markets Today: Stocks Rally as U.S. CPI Eases

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.37%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.45%. U.S. stock index futures this morning erased overnight losses and pushed higher after U.S. consumer prices eased in April. Bond yields also fell on the...

Barchart

Dollar Climbs on Safe Haven from the U.S. Debt Impasse

The dollar index (DXY00 ) on Tuesday rose by +0.22%. The dollar on Tuesday posted moderate gains as concern about the ongoing U.S. debt ceiling turmoil boosted safe-haven demand for the dollar. Also, hawkish comments from New York Fed President Williams and Fed Governor Jefferson lifted bond yields and were...

The Independent UK

ECB appoints Ebony Rainford-Brent as non-executive director

Rainford-Brent was the first black woman to play for England.

Barchart

Stocks Under Pressure from U.S. Debt Ceiling Impasse and Weak Chinese Imports

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.56%. U.S. stocks this morning are moderately lower. A drop...

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