Political News
FX round-up: More hawkish BoE sees sterling shoved higher
Sterling got a firm shove higher thanks to a more-hawkish-than expected leaning by Bank of England's policy makers in holding the benchmark rate and QE unchanged.
London close: More hawkish BoE sends sterling higher and pushes FTSE down
London stocks were diving amid a cruel sea of tumbling UK equities indices after the Bank of England held its benchmark interest rate but surprised with a more hawkish stance than expected.
Commodities: Gold, silver decline as UK, US central banks set hawkish tones
Precious metals gold and silver went for a run south on Thursday with each hitting multi-week lows as markets mulled more hawkish stances from the Bank of England and US Federal Reserve.
Trump signs Qatar weapons deal despite terrorism claims
Qatar has signed a deal to buy $12bn worth of F15 fighter jets from the US, despite President Donald Trump’s claims that the state has been funding terrorist organisations.
Hammond pulls out of Mansion House speech, citing Grenfell Tower tragedy
Chancellor Philip Hammond has pulled out of giving his annual Mansion House speech in the City of London on Thursday evening, after the Grenfell Tower fire.
Hammond to push for soft Brexit and infrastructure boost, as DUP talks stumble
Chancellor Philip Hammond will make a case for avoiding a 'hard' Brexit and boosting investment in UK infrastructure projects, as he delivers his annual Mansion House speech to the City of London later on Thursday.
Grenfell Tower death toll rises to 17, MP alleges 'corporate manslaughter'
Emergency services worked through the night around the Grenfell Tower in west London as the Metropolitan police said it did not expect to find any further survivors from a massive blaze, which has left 17 people confirmed dead so far.
Queen's speech delayed by two days, Commons leader confirms
The Queen's speech that will confirm the state opening of parliament has been pushed back to Wednesday 21 June, the leader of the House of Commons has announced.
Trump reportedly under investigation for obstruction of justice in Russia probe
US President Donald Trump is being investigated by the FBI for a potential obstruction of justice related to the ongoing inquiry into Russian meddling in last year's election, according to media reports in the country.