Crypto crime is falling July 12, 2023 Blockchain analytics platform Chainalysis has revealed that crypto crime is significantly down in 2023.
Sunak says Ukraine ‘belongs’ in NATO as Wallace warns UK is ‘not Amazon’ for weapons delivery July 12, 2023 Rishi Sunak told Ukraine’s president Volodymyr Zelensky he belonged in NATO as he assured him “real progress” had been made on security guarantees for Kyiv in its fightback against Russia. The prime minister met the Ukrainian president on the fringes of the NATO summit in Vilnius. Zelensky has been left frustrated by the reluctance of [...]
US inflation slumps to lowest level in more than two years and is now well below UK July 12, 2023 Inflation in the US has slumped to its lowest level in more than two years and is now far below the UK’s rate, official figures out today reveal. American inflation fell to three per cent in June on an annual basis, down from four per cent in the previous month, according to the US Labour [...]
Oil markets await US inflation data as IEA maintains tight supply predictions July 12, 2023 Oil prices are flat in this morning trading session, as investors await the latest US inflation data for signs of future rate-hikes.
The FTSE 100 has done us all dirty… again July 11, 2023 The FTSE 100 has done us all dirty yet – again. Over and over it marches us up a hill only to send us back down again. Former Bank of England governor Mark Carney is often referred to as the “unreliable boyfriend” of monetary policy making for his comments signalling he and the MPC would [...]
Biden hails US-UK relationship as he meets Sunak at No10 July 10, 2023 US President Joe Biden hailed the “rock-solid” relationship between the US and the UK as he met Prime Minister Rishi Sunak in Downing Street. The US President praised the closeness of ties between the two countries as he and the Prime Minister held talks in the garden of No10. Biden, whose short layover in London [...]
Oil sorted? OPEC gambles on demand revival to boost flagging prices July 10, 2023 OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.
President Joe Biden to land in UK amid cluster bombs row over Ukraine July 9, 2023 President Joe Biden is set to land in the UK today amid an international row over the US supplying cluster bombs to Ukraine. The trip, which the White House hopes will “showcase the president’s leadership on the world stage”, is expected to be dominated by the weapons and Ukraine’s potential NATO entry. Biden has committed [...]
Oil prices up three per cent to nine-week high on supply concerns July 8, 2023 Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]
Shell anticipates ‘significantly lower’ gas trading as investors ‘sit on hands’ July 7, 2023 Shell said it anticipates “significantly lower” gas trading in its second quarter results, but questions remain about the energy titan’s claim it’s linked to ‘seasonality’. Ahead of their 27 July results, the firm claims its expected dip was down to “seasonality” in the market, while stressing that the performance would be “in line” with the [...]