An accredited financial and economic news service, specialising in up-to-the-second broadcast reports and headlines

news

LONDON HOME
Hide

our products

<p>up to the second audio news feed</p>

up to the second audio news feed

<p>live press conference feed</p>

live press conference feed

<p>fixed income wire service</p>

fixed income wire service

<p>see what makes the markets move</p>

see what makes the markets move

Fitch Affirms Germany At 'AAA'; Outlook Stable https://t.co/9PRVgNrCnn (1days ) like | retweet
UK Foreign Sec: ‘Extremely Concerned’ By Seizure Of 2 Naval Vessels By Iran In Strait Of Hormuz - To Attend COBRA Emergency Summit Shortly (1days ) like | retweet
RT @ForexLive: CFTC Commitment of Traders: GBP shorts remain the largest speculative position https://t.co/p2fzA1vNYU (1days ) like | retweet
RT @economics: Fed has no choice but to stick to its guns as independent central bank, BofAML says https://t.co/M9hS9XbsDw https://t.co/Tmk… (1days ) like | retweet
Cisco In Talks To Buy Cybersecurity Startup Signal Sciences – Information https://t.co/MqnjReanir (1days ) like | retweet
RT @arappeport: Trump says Mnuchin spoke to the Chinese - "we'll see what happens." (1days ) like | retweet
RT @gordonrayner: Iranians confirm they have seized British-owned tanker Mesdar as well. Ministers holding Cobra emergency meeting shortly. (1days ) like | retweet
$S $TMUS T-Mobile Sale To Dish ‘Imminent,’ Thanks To DoJ Threat – NY Post https://t.co/udzitEWTwg (1days ) like | retweet
#OOTT | Iran Says British Tanker In The Gulf Ignored Warnings, Had Its Tracker Turned Off - IRNA (1days ) like | retweet
RT @W7VOA: #Iran is “nothing but trouble” and US will be speaking with #UK. “It goes to show you I was right about Iran.” (1days ) like | retweet
today’s featured stories
What A Failed Iran Deal Would Mean For Oil Prices And Military Tensions
The Iranian nuclear deal looks all but dead just one year after the President Donald Trump administration walked away from it and reimpose crippling sanctions on the Islamic Republic. As Iran’s government starts breaking its agreed uranium enrichment limits, European leaders are...
Read More

The Iranian nuclear deal looks all but dead just one year after the President Donald Trump administration walked away from it and reimpose crippling sanctions on the Islamic Republic.

 

As Iran’s government starts breaking its agreed uranium enrichment limits, European leaders are floundering to keep it alive. British Foreign Secretary Jeremy Hunt claimed Monday that the Obama-era deal — signed by the US, UK, Iran, Russia, China, France and Germany in 2015 and intended to provide Iran economic relief in exchange for limits on its nuclear program — “isn’t dead yet.”

 

Other European lawmakers frantically stress the dangers of killing the deal, while Tehran says it can always reverse its deal breaches if the EU defies American sanctions and resumes trade with Iran — something it appears largely unable or unwilling to do. (CNBC – Continue Reading)

The Federal Reserve is widely expected to reduce interest rates this month. That probably means its campaign to shrink its balance sheet is over, leaving the central bank hoarding trillions of dollars more than before the 2008 financial crisis. Beginning a decade ago in a bid to fight the...
Read More

The Federal Reserve is widely expected to reduce interest rates this month. That probably means its campaign to shrink its balance sheet is over, leaving the central bank hoarding trillions of dollars more than before the 2008 financial crisis.

 

Beginning a decade ago in a bid to fight the calamity, the Fed by 2015 accumulated as much as $4.5 trillion of debt, including Treasuries and mortgage-backed securities. When policy makers began unwinding the portfolio at the end of 2017, primary dealers expected them to get it down to around $3 trillion or $3.5 trillion. But they’re not going to make it: Even after almost two years of cutbacks, the balance sheet is still brimming at $3.8 trillion.

 

Given the shift this year to a rate-cut stance, it might look unusual for the Fed to keep shedding assets. A rate cut tends to stimulate the economy; shrinking the balance sheet in theory does the opposite. (BBG – Continue Reading)

New York Fed President John Williams didn’t intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said Thursday. In the speech, presented at an academic conference in New York, Mr. Williams said policy makers needed to confront...
Read More

New York Fed President John Williams didn’t intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said Thursday.

 

In the speech, presented at an academic conference in New York, Mr. Williams said policy makers needed to confront potential weaknesses more quickly given the prospect that a historically low interest rate could fall to zero sooner, leaving less room to stimulate growth in a downturn.

 

“Take swift action when faced with adverse economic conditions” and “keep interest rates lower for longer” when you do cut rates, Mr. Williams said at the annual meeting of the Central Bank Research Association, held at the New York Fed. (WSJ – Continue Reading)

Chance Of No-Deal Brexit Rises As Johnson Leads Hunt
The chance that Britain will leave the European Union without a deal is the highest since October 2017, economists polled by Reuters say, as arch-Brexiteer Boris Johnson looks set to take over as prime minister next week. Johnson was the face of the 2016 campaign to quit the EU and has said he...
Read More

The chance that Britain will leave the European Union without a deal is the highest since October 2017, economists polled by Reuters say, as arch-Brexiteer Boris Johnson looks set to take over as prime minister next week.

 

Johnson was the face of the 2016 campaign to quit the EU and has said he would be willing to leave on Oct. 31 without a deal. The median forecast of that happening was 30% in the July 15-18 poll, up from 25% last month and 15% in May.

 

“The likelihood of a Boris Johnson premiership and the rhetoric which has surfaced during the campaign suggests that this outcome is more likely than we previously believed,” said Peter Dixon at Commerzbank. (RTRS - Continue Reading)

New York Fed President John Williams didn’t intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said Thursday. In the speech, presented at an academic conference in New York, Mr. Williams said policy makers needed to confront...
Read More

New York Fed President John Williams didn’t intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said Thursday.

 

In the speech, presented at an academic conference in New York, Mr. Williams said policy makers needed to confront potential weaknesses more quickly given the prospect that a historically low interest rate could fall to zero sooner, leaving less room to stimulate growth in a downturn.

 

“Take swift action when faced with adverse economic conditions” and “keep interest rates lower for longer” when you do cut rates, Mr. Williams said at the annual meeting of the Central Bank Research Association, held at the New York Fed. (WSJ - Continue Reading)

Our audience spans the globe, relying on us to filter out the noise to deliver accurate, reliable and timely news

Our journalists and analysts monitor all major newswires, television channels, news websites, blogs and social media platforms for content with market-moving potential. We only broadcast the most relevant news headlines that you need to know. Our analysis and insights rival any of our competitors

We broadcast 24 hours a day from Europe and Asia, Sunday through Friday (except for selected UK holidays). Commentary covers all the main asset classes, including equities, fixed income, FX and commodities