A look at how the major markets are performing on Thursday.
Encouraging people to be more autonomous may be the key to boosting psychological well-being at work.
The concept of higher for longer interest rates is providing a tailwind to the greenback which is trading at 10-month highs.
The pound has tumbled to a six-month low against the US dollar as traders predict the end of interest rate rises from the Bank of England and as America’s economy proves remarkably resilient.
The British pound has sold off yet again during the session on Wednesday, as we continue to see a lot of negativity.
The dollar scaled a 10-month high on Wednesday, pushing the euro and sterling to six-month lows and keeping the yen deep in intervention territory, as the prospect of higher-for-longer U.S. rates gripped markets. Minutes of the Bank of Japan's July meeting released on Wednesday showed that policymakers agreed on the need to maintain ultra-loose monetary settings but were divided on how soon the central bank could end negative interest rates.
The dollar scaled a 10-month high against its major peers on Wednesday, pushing the euro and sterling to 6-month lows and keeping the yen deep in intervention territory, as the prospect of higher-for-longer U.S. rates gripped markets. U.S. Treasuries stabilised after their recent heavy selloff, though yields remained near 16-year peaks, keeping the greenback solidly bid.
A look at how the major markets are performing on Wednesday.
As the cost of living bites, nurseries and childminders are pushing up their fees too. So, how does it all add up?
UK households will continue to feel the pain of soaring energy bills this winter as a new Ofgem price cap comes into force.
One year ago today, the British pound appeared headed for the once-unthinkable: parity with the U.S. dollar. Sterling [dropped to $1.035](https://www.wsj.com/livecoverage/stock-market-news-today-09-26-2022/card/british-pound-hits-record-low-against-dollar-0pg0WCi1CfllbNlnn9ra)—its lowest level ever—in the early hours of Sept.
It may take a few months until the BoE starts lowering rates again, according to a new report.
The British pound has fallen significantly during the trading session on Tuesday, as we continue to see the pound get eviscerated.
China's Evergrande Group said it will be unable to issue new debt due to an ongoing government investigation into its Hengda Real Estate Group unit.
Vehicle scams surged by 74% in the first half of 2023, according to new research.
Wall Street was mixed as Hollywood writers reached a tentative deal to end a strike action.
The British Pound (GBP) concluded last week on a downbeat note due to a significant contraction in the U.K.'s service sector, which accounts for over 70% of the country's GDP, according to recent surveys. The downturn has heightened recession fears and led to speculations that the Bank of England (BoE) may have ended its cycle of interest rate increases.
The British pound continues to see negativity at this point, and therefore it looks as if we are ready to break down toward the 1.20 level given enough time.
The British Pound continues to see a lot of downward pressure, even against the lowly yen.
UK mortgage lenders announce further cuts to deals, following interest rate freeze.