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The US dollar traded sideways for the week albeit closing marginally higher by 0.02% to 98.272.
(Reuters) - England's Ashes and World Cup bowler Jofra Archer and opening batsmen Rory Burns and Joe Denly are among a number of players to be awarded central contracts for the 2019-20 season, the England and Wales Cricket Board (ECB) said on Friday.
LONDON: The record surge of investors into bonds increases the risk of a sudden sell-off that could reverberate across asset classes, according to HSBC’s $500 billion global asset management unit.
COPENHAGEN: Denmark shares the record with Switzerland in boasting the world’s lowest policy interest rate -- minus 0.75%. But it would be wrong to assume any kind of limit has been reached, according to the governor of the Danish central bank, Lars Rohde.
STRASBOURG (Reuters) - The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post.
International outcry is mounting over Libra – with central banks, governments and regulators railing against the cryptocurrency.
THE US dollar depreciated 0.1% to 98.309 following improving trade discussions between China and the United States, encouraging investors to flock to risk assets.
REVIEW: As the European Central Bank unveiled a fresh volley of stimulus measures on Thursday, among them a further 10 basis-point cut to its negative interest rate, investors are now expecting more than ever for the US Federal Reserve to follow suit.
LONDON (Bloomberg): Traders rushed back into US equity funds and trimmed their haven exposure on optimism that global central bankers will shower markets with stimulus and boost economic growth.
(Reuters) - Former England captain Andrew Strauss is back in the England and Wales Cricket Board (ECB) as cricket committee chairman and will drive the development of the game at all levels as part of his new role.