Tag Archives: POL

Shares and pound splutter as UK dishes out budget gruel

European stocks drop after early rise Dollar regains strength on hawkish Fed speak Micron gloom frazzles chipmakers Oil and metals sag in commodity markets LONDON, Nov 17 (Reuters) – Nagging recession and interest rate worries had Europe’s markets spluttering on Thursday, and the pound started to sag as Britain sought …

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Morning Bid: Detente and dollars

A look at the day ahead in U.S. and global markets from Mike Dolan. As investors closely monitor shifting economic sands, signs of some easing of this year’s tense geopolitics adds a tailwind to the yearend market bounce. The dollar’s ongoing retreat, amid hopes of a downshift in U.S. interest …

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Money leaves US equity funds for first time in four weeks

Nov 11 (Reuters) – U.S. equity funds saw money outflows for the first time in four weeks in the week to Nov. 9 as investors braced for the midterm elections and the release of a report on U.S. consumer prices, amid concerns over borrowing costs. According to Refinitiv Lipper data, …

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Column: Pacified pound leaning on blind BoE :Mike Dolan

LONDON, Nov 2 (Reuters) – About the only positive thing spoken about sterling right now is that Britain’s policy chaos has abated somewhat – but that’s where the optimism seems to stop. As markets await the Bank of England’s latest policy decision on Thursday, it’s hard to believe it’s only …

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UK financial watchdog proposes rules to stamp out ‘greenwashing’

Anti-greenwashing rule for all firms New disclosures for asset managers, funds New rules planned for June 2024 LONDON, Oct 25 (Reuters) – Britain’s financial watchdog has proposed new rules from 2024 for funds and their managers to prevent consumers being mislead by ‘greenwashing’ or exaggerated claims regarding environmentally friendly investments. …

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