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The Latest Breaking News from ECB

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

The Guardian - UK

Stocks Rally on Resilient U.S. Economy

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

Euro Sees Support from Hawkish Lagarde Comments

Euro Sees Support from Hawkish Lagarde Comments

The dollar index (DXY00 ) Tuesday fell -0.21%, while EUR/USD (^EURUSD ) rose +0.43% on hawkish comments by ECB President Lagarde. USD/JPY (^USDJPY ) rose +0.37%. Tuesday’s May U.S. durable goods orders report of +1.7% m/m was stronger than expectations of -0.9%. Also, capital goods orders ex-defense and ex-aircraft, a...

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inkl

I made my way in cricket but it is clear that was against the odds

The ICEC report will hopefully be seen as a landmark but the game reflects the society that exists around it

The Guardian - UK

Gloom at Yorkshire as proposed punishment emerges for scandal

Threat of huge fines and points deductions after racism scandal means darkness in the skies and among supporters

The Guardian - UK

Crude Oil Prices Close Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) Tuesday closed down -1.67 (-2.41%), and Aug RBOB gasoline (RBQ23 ) closed down -3.27 (-1.33%). Crude oil fell as concern resurfaced about Chinese and global economic growth. ECB President Lagarde Tuesday reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

The Guardian view on cricket: infused with racial, sex- and class-based bigotry

Editorial: To understand the nature and extent of inequity requires going beyond the game to history itself

The Guardian - UK

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Rishi Sunak demands sport 'be open to everyone' after damning report into cricket

Rishi Sunak demands sport 'be open to everyone' after damning report into cricket

The Winchester-educated PM has previously spoken of his love for the sport, which has come under scrutiny since former Yorkshire spin bowler Azeem Rafiq’s allegations of racism in 2020

Crude Oil Prices Lower as Economic Concerns Dominate

Crude Oil Prices Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) today are down -0.78 (-1.12%), and Aug RBOB gasoline (RBQ23 ) are unchanged. Crude oil are lower today as concern resurfaces about Chinese and global economic growth. ECB President Lagarde today reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

Yorkshire should get £500,000 fine and points deductions over Azeem Rafiq case, ECB recommends

The England and Wales Cricket Board (ECB) has recommended Yorkshire are hit with a £500,000 fine and hefty points deductions across all formats over their handling of the Azeem Rafiq case.

Evening Standard

Euro’s Interest Rate Advantage Expected to Fade by Year-end

Euro’s Interest Rate Advantage Expected to Fade by Year-end

Today’s hawkish comments by ECB President Lagarde gave the euro (^EURUSD ) a small boost. However, the markets are expecting the ECB to be done tightening monetary policy by this autumn or winter, which would eliminate the euro’s current interest rate advantage. At the ECB’s retreat in Portugal, ECB President...

ECB calls for Yorkshire to be hit with record fine over Rafiq scandal

ECB calls for Yorkshire to be hit with record fine over Rafiq scandal

The ECB has recommended Yorkshire be deducted points in all this season’s competitions and the Cricket Discipline Commission will announce their decision in July

The Guardian - UK

Stocks Higher on Resilient U.S. Economy

Stocks Higher on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks are higher on tech stock leadership, with the...

Corporate profits drove up prices last year, says ECB president

Corporate profits drove up prices last year, says ECB president

Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer

The Guardian - UK

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Markets Today: Stocks Slightly Higher on Resilient U.S. Economy

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.09%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.34%. Stocks are slightly higher after today’s U.S. durable goods orders report indicated resiliency in the U.S. economy. Today’s May U.S. durable goods orders report of...

The Independent UK

England captain Ben Stokes ‘deeply sorry’ for victims of cricket discrimination

Former England skipper Sir Andrew Strauss has called the ICEC report an “awakening” for cricket.

The Independent UK

What is the ICEC and where does cricket go from here?

The Independent Commission for Equity in Cricket’s wide-ranging report was published on Tuesday.

The Independent UK

ECB wants Yorkshire fined £500,000 and deducted points over Azeem Rafiq case

The sanctioning recommendations were made to an independent Cricket Discipline Commission panel in London on Tuesday.

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Report finds racism, sexism and elitism rife in English cricket

Independent commission finds racism ‘entrenched’ and women were treated as ‘second-class citizens’ in English cricket.

The Independent UK

Europe's interest rates to stay high as long as needed to defeat inflation, central bank chief says

European Central Bank President Christine Lagarde is warning that inflation is holding its grip on the economy

English cricket is ‘racist, sexist and elitist’, says independent report

English cricket is “racist, sexist and elitist” at all levels of the game, according to a damning new independent report.

The Independent UK

Cricket must learn its lesson following damning report – Sir Andrew Strauss

The long-awaited Independent Commission for Equity in Cricket report found the sport had problems with racism, sexism and elitism.

'Racist, elitist and sexist' - Damning report points finger as English cricket shamed

ECB apologise for their failings and promise to take heed at this seminal moment for the game with a full response in three months

The Guardian - UK

Liam Dawson takes 12 wickets and scores century in Hampshire win – as it happened

Hampshire thrashed Middlesex by an innings and 61 runs, while Simon Harmer’s 10-fer helped Essex thrash Warks

The Independent UK

Azeem Rafiq praises ‘courage’ of respondents to ICEC report

A long-awaited Independent Commission for Equity in Cricket (ICEC) report was finally published on Tuesday.

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