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The Latest Breaking News from ECB

Dollar Rebounds as Iran Dismisses US Peace Plan

The dollar index (DXY00 ) today is up by +0.02%. The dollar recovered from early losses today and moved slightly higher after Iran said it rejected the US peace proposal. Also, today's US economic news, showing the Feb import price index ex-petroleum posting its biggest increase in 4 years, is...

Barchart

Iran war energy shock puts ECB on alert — Lagarde says this is no repeat of 2022

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

Euronews

What is Rob Key’s masterplan for English cricket? It’s all in the lack of detail

COMMENT: During a turbulent week attempting to explain England’s damning Ashes defeat, the ECB’s director of cricket struggled to articulate where exactly the men’s Test team go from here, writes Lawrence Ostlere

The Independent UK

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Top central banker thinks businesses may be quicker to raise prices due to Iran war

Businesses might be quicker to raise prices in response to the Iran war due to bitter memories of the energy price inflation that broke out after Russia invaded Ukraine

The Independent UK

Stocks Settle Lower as Iran War Boosts Crude Oil and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.77%. June E-mini S&P futures (ESM26 ) fell -0.35%, and June E-mini Nasdaq futures...

Barchart

Dollar Advances Amid Concerns About Escalation of the Iran War

The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...

Barchart

Stocks Fall as Iran War Drags On

The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. June E-mini S&P futures (ESM26 ) are down -0.174%, and June E-mini Nasdaq futures...

Barchart

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Ben Duckett pulls out of IPL as he aims to save his England career after disastrous Ashes

Ben Duckett struggled badly during the Ashes and failed to feature in the T20 World Cup

The Independent UK

Jonny Bairstow challenges England to deliver on county cricket promises

The ECB on Monday laid down its vision for a fresh chapter following the winter Ashes thrashing.

The Independent UK

Dollar Supported by Weak Stocks and Higher Bond Yields

The dollar index (DXY00 ) today is up by +0.38%. The dollar is moving higher today as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, today's +3% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...

Barchart

Stocks Pressured as Crude Oil Prices and Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.98%. June E-mini S&P futures (ESM26 ) are down -0.84%, and June E-mini Nasdaq futures...

Barchart

Is the Iran war pushing Europe into a stagflation crisis?

The Iran conflict has handed Europe its most punishing economic combination in years — stagflation. With input costs surging, output stalling and confidence collapsing, the ECB's window of stability seems to have closed.

Euronews

Ben Stokes throws support behind Brendon McCullum with England rallying cry as ECB confirm backing

Three Lions captain looks ahead to summer Tests amid reflection on ‘hardest period’ of international career

Evening Standard

Stocks Sharply Higher as President Trump Seeks to End Iran War

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.22%. June E-mini S&P futures (ESM26 ) rose +1.14%, and June E-mini Nasdaq futures...

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The Guardian - UK

ECB has taken a risk keeping McCullum and Key, who must now placate the public

Anger remains after England’s heavy Ashes defeat and whatever happens next is on the ECB’s chiefs

The Independent UK

Ben Stokes sends emotional message to England fans after ‘hardest period of my captaincy journey’

England Test captain Ben Stokes has released an emotional statement on Instagram following the ECB’s decision to stick with head coach Brendon McCullum and managing director Rob Key.

Barchart

Dollar Declines and Gold Plunges in Hopes Iran War Will Soon End

The dollar index (DXY00 ) fell to a 1.5-week low on Monday and finished down by -0.65%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against Iranian energy infrastructure and power plants for five days following the start of talks...

The Independent UK

England admit everything went wrong in the Ashes – so why is nobody to blame?

As Brendon McCullum continues to lead England’s Test team, Cameron Ponsonby examines why so little has changed following a disastrous Ashes series

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Barchart

Stocks Rally as President Trump Eases Iran Threats

The S&P 500 Index ($SPX ) (SPY ) today is up +2.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.19%. June E-mini S&P futures (ESM26 ) are up +2.14%, and June E-mini Nasdaq futures...

Evening Standard

'This isn't football': ECB explain decision to keep faith in Brendon McCullum after Ashes embarrassment

England managing director Rob Key and Test captain Ben Stokes also to remain in roles after review

The Independent UK

‘It’s not like football’ – ECB defends sticking with Ashes leadership team

Brendon McCullum and Rob Key kept their jobs after a chastening series defeat in Australia.

The Independent UK

England cricket chief defends decision to stand by McCullum and Key after Ashes debacle

IN FULL

Barchart

Dollar Falls as Stocks Rally in Hopes Iran War Will Soon End

The dollar index (DXY00 ) fell to a 1.5-week low today and is down by -0.69%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against Iranian energy infrastructure and power plants for five days following the start of talks with...

The Independent UK

ECB explains decision to stick with Brendon McCullum as England coach despite Ashes humbling

McCullum has retained his role after a ‘thorough review’ but urged to make improvements

The Guardian - UK

‘It may not be popular’: England stand by McCullum and Key despite Ashes debacle

The ECB’s review into England’s grisly Ashes defeat has spared head coach Brendon McCullum and managing director of cricket Rob Key

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