Binance stops crypto margin trading against pound, Aussie dollar, euro
Binance, the world’s largest cryptocurrency exchange, said on Monday that it would stop offering cryptocurrency margin trading involving the Australian dollar, euro and sterling.
Pandemic boom drives UK house prices up by most since 2004
British house prices jumped by the most in more than 16 years this month, soaring by 13.4% from June 2020, and demand is expected to stay strong while a coronavirus emergency tax break remains in place, mortgage lender Nationwide said.
World stocks near record high as investors await dovish Fed act
Global shares held firm near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week.
Dollar marooned as investors shrug off inflation spike
After a week of anxious waiting, markets got the high U.S. inflation number they dreaded, shrugged it off and moved on – leaving the U.S. dollar under pressure and most majors stuck in ranges.
Dollar subdued as investors look to key U.S. inflation gauge
The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve’s stimulus.
Dollar in doldrums as traders ponder Fed policy path; sterling soars
The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation by the Federal Reserve ahead of a key jobs report at the end of the week.
Bank of England plans to ‘green’ its corporate bond holdings
The Bank of England set out plans on Friday to make its 20 billion pounds ($28.4 billion) of holdings in sterling corporate bonds better aligned with government goals to achieve net zero carbon emissions, starting later this year.
UK jobless rate falls again, hiring up as lockdown eases
Britain’s unemployment rate fell again to 4.8% between January and March, when the country was under a tight lockdown, and hiring rose further in April, according to data that showed employers gearing up for the easing of curbs. Economists polled by Reuters had expected the rate to hold at 4.9%, and the reading added to […]
