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The Latest Breaking News from ECB

Dollar Under Pressure as US CPI Report Paves Way for Fed Rate Cuts

The dollar index (DXY00 ) today is down by -0.16% at a 1-week low. The dollar is under pressure as today’s as-expected US Jul CPI report reinforced expectations for the Fed to cut interest rates at next month’s FOMC meeting, a bearish factor for the dollar. However, losses in the...

Barchart

England captain Ben Stokes ruled out of Sri Lanka series with hamstring injury

Ben Stokes will miss the rest of the summer after tearing his hamstring while playing in the Hundred, with Ollie Pope set to captain England in his absence

The Guardian - UK

James Anderson considers shock return to white-ball cricket

Anderson, the most prolific fast bowler in Test history, retired from England duty in emotional scenes at Lord’s last month.

The Independent UK

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Team GB men’s football team back on the Olympic table for Los Angeles 2028

Andy Anson, the British Olympic Association’s chief executive, wants a men’s football team to take part in 2028 but it will need agreement of four football associations

The Guardian - UK

Stocks Give Up Early Gains as Chip Makers Slide and Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.16%. US stock indexes relinquished early gains on Wednesday and finished moderately lower. Chip stocks...

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Dollar Ticks Higher as T-Note Yields Jump

The dollar index (DXY00 ) Wednesday rose by +0.23%. Higher T-note yields Wednesday supported moderate gains in the dollar. Also, weakness in the yen is giving the dollar a boost after the yen tumbled more than -1% Wednesday on dovish comments from BOJ Deputy Governor Uchida, who said the BOJ...

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Market Rally Fizzles, Stock Indexes Turn Negative

The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. After a strong morning rally, US stock indexes have given back their gains and...

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Dovish Bank of Japan Comments Push Stocks Higher

The S&P 500 Index ($SPX ) (SPY ) today is up +1.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. US stocks today are moving higher on positive carryover from a jump in Japanese...

Barchart

Dollar Higher While Yen Falls on Dovish BOJ Comments

The dollar index (DXY00 ) today is up by +0.22%. Higher T-note yields today are supporting gains in the dollar. Also, weakness in the yen is giving the dollar a boost after the yen tumbled more than -1% today on dovish comments from BOJ Deputy Governor Uchida, who said the...

Barchart

Former England batsman Graham Thorpe passes away

NEW DELHI: Former England batsman Graham Thorpe has passed away at the age of 55. The news of his demise was announced by the England and Wales Cricket Board. Thorpe, who played 100 Tests and 82 One-day internationals for England between 1993 and 2005, amassed 6,744 Test runs, including 16…

The Times of India

Dollar Ends Higher as Stocks Plunge

The dollar index (DXY00 ) Thursday rose by +0.29%. The dollar on Thursday recovered from a 3-week low and posted moderate gains on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Barchart

Dollar Gains on Weakness in the Euro and British Pound

The dollar index (DXY00 ) today is up by +0.13%. The dollar today recovered from a 3-week low and is moderately higher on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Barchart

Dollar Sinks on Yen Strength and Dovish Powell

The dollar index (DXY00 ) Wednesday fell by -0.50% and posted a 1-1/2 week low. The dollar retreated Wednesday as the yen soared to a 4-1/2 month high against the dollar after the BOJ unexpectedly raised its benchmark interest rate. The dollar was also under pressure from a sharp rally...

Barchart

Dollar Falls as Stocks and the Yen Rally

The dollar index (DXY00 ) today is down by -0.56% and fell to a 1-1/2 week low. Today, the dollar is under pressure from a rally in stocks, which curbs liquidity demand for the dollar. Also, the yen soared to a 4-1/2 month high against the dollar today after the...

Barchart

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The Guardian - UK

The life of a cricket groundskeeper: ‘It’s hard – but I’ve seen the world’s best players’

Gary Barwell, head of sports turf at Edgbaston, has seen his workload grow but is grateful to be kept off social media

International Business Times

Eurozone Inflation Unexpectedly Rises In July

The eurozone's annual inflation rate unexpectedly edged up in July due to rising energy costs, official data showed on Wednesday.

The Independent UK

Inflation ticks up in Europe, complicating the European Central Bank's next move

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery from more than a…

Golf Monthly

Olympic Golf Coverage Being Free-To-Air Is Exactly What The Sport Needs... I Find It Unfathomable The Majors Aren't!

Seeing the world's best golfers battle it out for medals at the Olympics is an exciting prospect, but more of golf's top tournaments should be free-to-air...

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The Guardian - UK

Matthew Mott sacked as coach after England cricket’s white-ball failures

Matthew Mott has been sacked as coach of the England men’s white-ball team with immediate effect

Barchart

Dollar Ends Higher Ahead of the 2-Day FOMC Meeting

The dollar index (DXY00 ) Monday rose by +0.22% and posted a 2-week high. The dollar garnered support Monday from weakness in the Canadian dollar, which fell to an 8-1/2 month low against the dollar, and weakness in the British pound, which fell to a 3-1/2 week low against the...

Barchart

Dollar Gains on Weakness in the Canadian Dollar and British Pound

The dollar index (DXY00 ) today is up by +0.33% at a 2-week high. The dollar is garnering support today from weakness in the Canadian dollar, which fell to an 8-1/2 month low against the dollar, and weakness in the British pound, which fell to a 3-1/2 week low against...

Fortune

Switzerland central bank chief hails 'boredom' as secret to beating inflation 12 months ago

“It’s better to be called boring or stubborn than for people to say I’m pursuing the wrong monetary policy," Thomas Jordan said.

Barchart

Dollar Slightly Lower as T-note Yields Fall After Dovish US Deflator

The dollar index (DXY00 ) today is trading slightly lower by -0.06%. The dollar is being undercut by today's -4.7 bp decline in the 10-year T-note yield to 4.194%, which followed the dovish US PCE deflator report, the Fed's preferred inflation measure. Today's PCE deflator report was close to expectations...

Barchart

Dollar Slightly Lower as T-note Yields Fall

The dollar index (DXY00 ) today is slightly lower by -0.11%. The dollar is being undercut by today's -6.5 bp decline in the 10-year T-note yield, which undercut the dollar's interest rate differentials. The dollar is also being undercut as the markets this week slightly boosted the odds for a...

The Guardian - UK

Former England captain Andrew Strauss in talks about buying Hundred franchise

The former England captain Andrew Strauss is in talks about buying into a Hundred franchise

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