‘Quaint’ Budget not the main focus for City traders this autumn October 15, 2024 Investors have pointed to rising gilt yields as a sign that markets are getting increasingly jittery as the Budget approaches.
City regulator: Concentration poses risk to markets October 8, 2024 The boss of the Financial Conduct Authority (FCA) said “herding behaviour” and “market concentration” were posing new risks to the financial markets today as he warned investors to brace for volatility in the long term. Speaking at the regulator’s market conference in Westminster, Nikhil Rathi said excessive daily swings had become a bigger concern to [...]
Gilt yields rise ahead of Budget as Chancellor Reeves set to increase borrowing October 8, 2024 Analysts suggested that the increase was largely a result of concerns that Chancellor Rachel Reeves will ramp up borrowing in the budget to fund a major investment programme.
US inflation to take centre stage after bumper jobs report October 6, 2024 Economists expect the headline rate to fall to 2.3 per cent from 2.5 per cent, which would leave inflation at its lowest level since February 2021.
Bank of England: Markets need to be prepared for ‘severe but plausible stresses’ October 2, 2024 Officials at the Bank said that the “significant but short-lived spike in volatility and falls in equity indices” seen in early August demonstrated the risks facing global markets.
FTSE 100 remains in the green after Bank of England holds rates September 19, 2024 Traders had been concerned that the Fed had waited too long to cut interest rates, causing unnecessary damage to the US economy.
The new payments architecture and Bacs September 17, 2024 | Sponsored Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra You might have heard that there are plans to modernise some of the key UK payment rails and wondered how these updates will affect your payment processes. In this article, we explore what the changes are and why they are needed. Let’s start at the beginning; [...]
A quick guide to the key UK payment rails September 17, 2024 | Sponsored Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra There are a range of payment rails available in the UK; some widely applicable while others work better for companies operating in certain circumstances. But what is a payment rail? Payment rails refer to the underlying infrastructure and systems that facilitate the movement of money between [...]
FTSE 100 boosted by US inflation print and watering down of banking rules September 12, 2024 London markets received a boost on Thursday morning following a strong performance from US stocks and the Bank of England watering down proposals for new bank capital rules.
IG Group: August’s market meltdown boosts revenue September 12, 2024 IG Group has reported a jump in quarterly revenue after a worldwide meltdown in financial markets last month gave its clients more opportunities to trade.