International
UK Central Bank will be cautious about early rate cuts
The Bank of England has left rates on hold but the vote was split, with two members favouring a rate rise and one a cut
United KingdomCentral US treasury clearing marks substantial change
Big banks, broker dealers and hedge funds will have to settle their treasury and repo trades centrally from 2026
United StatesUS-China economic ties will gradually weaken
A flagship US survey of the China business climate flags some optimism but also a trend of US firms moving from China
InternationalEasing euro-area CPI points to rate cuts later in 2024
Inflation was little changed at 2.8% last month but core inflation dropped to 3.3%; high food prices remain a concern
InternationalTurning AI lead into gains will test policymakers
All major countries are racing to deploy artificial intelligence, but their national strengths vary markedly
InternationalWorld economic downturn will be shallow but prolonged
The IMF sees global growth unchanged at 3.1% due to the United States and China experiencing only modest downturns
InternationalDifferent demand pictures dominate the outlook for oil
Demand-side uncertainty offsets the risk to oil trade of Middle East instability amid strong non-OPEC oil supply growth
InternationalX's Swift case points to rising risks for social media
X is trying to control the fallout of the Taylor Swift case
International
