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10 May
boe bank england carney
BoE cuts near-term forecasts, points to hike towards turn of year

Policymakers at the Bank of England opted to keep Bank Rate on hold on Thursday, sticking to their forecasts for a moderate pace of economic expansion over the medium-term, while pointing to current market pricing for another hike in Bank Rate around the turn of the year - although there were two dissenters.

10 May
ben broadbent bank of england boe
FX round-up: Pound lower as Bank of England delivers unexpected 'dovish hold'

Sterling weakened after the Monetary Policy Committee surprised economists who were expecting a 'hawkish hold' on policy, by cutting its forecasts for near-term growth in the UK economy and for inflation.

10 May
defence, military, Middle East, tanks, troop carriers
Middle East tensions increase after Israel attacks Iranian targets in Syria

Tensions in the Middle East heightened overnight Thursday as Israel launched air strikes against Iranian targets inside Syria in retaliation for a rocket attack on the Golan Heights it pinned on Iran.

10 May
US 'core' CPI falls short of forecasts in April

Consumer prices in the States advanced by slightly less-than-expected last month despite a bounce back in energy costs.

10 May
City workers
US jobless claims hold steady near 48-year low

The number of Americans filing for unemployment benefits was unchanged last week, according to data released by the Labor Department on Thursday.

10 May
North Korean and US summit likely to be held in Singapore - report

The historic summit between the US and North Korea will be held in Singapore, CNN reported citing people familiar with the plans.