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Unemployment rate rises to highest level since the pandemic as jobs market cools

39% Right coverage: 18 sources

The UK's unemployment rate has risen further, in a surprise deterioration that boosts the case for a Bank of England interest rate cut. The Office for National Statistics (ONS) reported a rise in the jobless rate from 4.6% to 4.7% in the three months to May.See the Story

TSX Falls, Euro Slides After U.S.-EU Trade Deal

100% Center coverage: 1 sources

S&P 500 edges up to another record high closeDonald Trump · United States See the Story

Sterling at four month low against euro as UK and euro zone rates diverge

67% Center coverage: 6 sources

UK Economy · United Kingdom See the Story

Pound Sterling gains against USD despite US-Japan trade agreement confirmation

The Pound Sterling (GBP) gains against its peers, except antipodeans, on Wednesday. The British currency attracts bids even as United Kingdom (UK) fiscal risks have resurfaced, following the government borrowings report from the Office for National Statistics (ONS) on Tuesday.United Kingdom · United Kingdom See the Story

Sterling Holds on to Gains, Investors Mull Rise in Borrowing

100% Left coverage: 1 sources

LONDON (Reuters) -The pound steadied on Tuesday, consolidating after the previous day’s rally, as investors took stock of data that showed UK …Bank of England · United Kingdom See the Story

British Pound Rises Against Dollar, Falls Against Euro - Jordan News | Latest News From Jordan, MENA

The British pound recorded gains against the U.S. dollar on Wednesday, while it declined against the euro.Middle East See the Story

U.S. inflation accelerated last month to 2.7%, highest level since February

64% Center coverage: 89 sources

Inflation · United States See the Story

Bank Governor Reveals Two Things that Will Drive UK Interest Rate Cuts, and EU Shock at Trade Tariff

100% Left coverage: 1 sources

The pound fell to a three-week low on Monday, losing 0.17% against the dollar and twice that against the euro. Meanwhile, following the news that US President Donald Trump plans to implement a 30% tariff on EU imports, the euro grew more than 0.2% on the dollar. Bank of England Governor Andrew Bailey buoyed predictions of an August interest rate cut after telling The Times that he “believe[s] the path is downward”, though he admits the pace and …Tariffs See the Story

Bank of England Prepared to Cut Rates if Job Market Slows, Says Governor

46% Center coverage: 13 sources

Bank of England · United Kingdom See the Story

News from Smart Currency Business

News from Smart Currency Business