Bank of England Governor Urges Chancellor to Deliver Credible Budget Amid Bond Turmoil
UK government borrowing costs hit their highest level in 19 years on Thursday, pushing Bank of England governor Andrew Bailey…
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Dollar hits 18-month high as France and Italy bond stress reinforces euro weakness
The dollar has climbed to an 18-month high, and strategists say fiscal stress in France and Italy is now reinforcing…
Euro Nears Fifth Weekly Loss as French Fiscal Fears Deepen, Dollar Holds Near 18-Month High
The euro is heading for a fifth straight weekly decline as France's budget deficit keeps investors wary of euro-area debt,…
ECB’s Dolenc: inflation risks skew higher, more rate hikes possible
The European Central Bank may need to raise rates again because inflation risks lean to the upside, ECB policymaker Primoz…
German exports fall 0.8% in August as U.S. shipments drop 6.3%
German exports dropped 0.8% in August from July, confounding forecasts for a 0.6% increase, as shipments to the United States…
