Political News
ECB's Praet responds to criticism of low interest rates, calls for fiscal stimulus
A former top European Central Bank official criticised other veterans of the institution for their criticism of the Governing Council's recent decision to provide more open-ended forward guidance, potentially locking-in lower policy interest rates for much longer.
Turkish forces march into Northern Syria after US withdrawal
Turkish troops have launched an offensive into Northern Syria just days after US President Donald Trump controversially announced the withdrawal of some US troops from the area.
Activision Blizzard faces boycott calls after banning Hong Kong gamer
Activision Blizzard was facing a growing online backlash after the US games giant banned a professional e-sports player for showing support for protestors in Hong Kong.
JP Morgan trims targets for some UK asset managers, 'underweight' Hargreaves Lansdown
Analysts at JP Morgan trimmed their target prices for three of the UK's largest 'asset gatherers' to reflect "subdued" net flows over the third quarter.
UK financial system can weather no-deal Brexit, despite 'material' risks - BoE
The Bank of England believes there are “material” economic risks involved in a no-deal Brexit – but that British banks are strong enough to withstand the shock.
Investors mull impact of US Democrats win in 2020 elections
A Democratic victory in the next US presidential elections could turn into a 'big headache' for the oil majors on both sides of the Atlantic, analysts at Berenberg said.
Pound spikes briefly higher on latest Brexit twist
The pound was once against buffeted by the ongoing twists in the Brexit negotiations on Wednesday, bouncing back from five-week lows before retreating once again.
China urges US to scrap blacklist ahead of trade talks
China has “strongly urged” the US government to remove Chinese firms from its blacklist and to stop accusing them of breaching human rights laws ahead of trade negotiations scheduled for over the coming week.