What today’s central bankers can learn from the late Alan Greenspan June 22, 2026 Former chair of the Fed Alan Greenspan has died today, leaving a great legacy and many lessons for policy makers today, says Ben Ramanauskas Alan Greenspan, Chairman of the Federal Reserve for nearly two decades, died yesterday at the age of 100. While his passing will receive little media coverage due to the resignation of [...]
AllianzGI chief executive warns of AI ‘socialism’ as investors lean on chatbots June 18, 2026 The chief executive of one of Europe’s largest asset managers has urged investors to avoid being over-reliant on general online chatbots to manage their portfolios, as it increases the risk of losses. Speaking at AllianzGI’s media day in Frankfurt, Tobias Pross, chief executive of AllianzGI, warned that relying on public online models, such as Claude, [...]
As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles June 18, 2026 Welcome back to the City AM liveblog. Interest rates were left unchanged at 3.75 per cent in Bank of England’s monetary policy committee meeting today as rate-setters wait to find out whether the Iran war peace deal holds up. The Bank’s decision followed Thursday’s inflation data, which stayed below undershot expectations after coming at 2.8 [...]
Kevin Warsh tears up forward guidance on rate moves at the Fed June 17, 2026 Kevin Warsh, the chairman of the Federal Reserve, signalled a major change to how the US central bank handles the run-up to its key interest rate decisions overnight, telling investors across global markets that “we’ve dropped forward guidance”. There was concern in the City that it could mean a decline in the level of transparency over [...]
As it happened: FTSE 100 see-saws after inflation undershoots; Oil at $80 as Trump threatens ‘dropping bombs’ on Iran June 17, 2026 Welcome back to the City AM liveblog. Fresh inflation data this morning showed a reading of 2.8 per cent leading the consumer price index unchanged from May. This came under the expectations of a poll of City analysts by Bloomberg that forecast inflation would come in at three per cent for May. Core inflation, which [...]
What will markets make of the new chair of the Fed? June 16, 2026 Kevin Warsh wants to take us back to a world where the semi-annual Humphrey-Hawkins testimony of the Fed Chair to Congress is effectively the moment where the Monetary Wizard of Oz steps out from behind the curtain to signal the direction for interest rates, says Helen Thomas “I don’t view the Chairman, in his testimony [...]
The best places to eat sandwiches in Lisbon, from bifanas to pregos June 12, 2026 Most people have their own markers of summer. Elderflower trees blossom into white spidery nets, parks fill up and tops come off, the Premier League finally ends. But for sandwich lovers, the sign of supposedly warmer days ahead comes in the form of an Instagram post by Farringdon-favourite Quality Wines. Word quickly spreads: The bifana [...]
OKX Launches X-Perps on the Magnificent 7 Stocks, Gold, Silver and Oil for European Traders June 9, 2026 First MiFID-licensed platform to offer European retail traders 24/7 futures exposure to US stocks, commodities and the world's biggest* indices alongside crypto, on one account SpaceX X-Perps to be available following IPO on June 12
Asana Unveils Operating System for Human-Agent Teams June 4, 2026 Agentic Work Management solves the AI productivity gap; Organizations can run critical work with humans and agents on the same plan, with the same context, under the same governance Asana announces next generation AI Teammates purpose-built for industries and Asana Dash, an AI Chief of Staff for every user that knows your individual goals, priorities and what needs your attention New apps coming soon: Asana Service Management for IT, Command by Asana for Builders, and Asana Client Management for Professional Services
Gold prices glitter amid geopolitical uncertainty June 4, 2026 Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied 44 per cent last year, reaching $4,550 per ounce in December and recording 56 fresh record highs according to the latest report from Metals Focus. [...]