Ibovespa futures were in the red in the initial trades of Tuesday morning, amid heightened caution from local investors after fresh waves of geopolitical and trade-related risks materialised around the globe. The February Ibovespa futures contract on the Brasilia stock exchange fell 0.49% to 165,665 points at 9:08 a.m. The drop coincides with fresh tariff threats from the
The fragmented world of multi-chain decentralized finance just got a major infrastructure upgrade. Mantle, the high-performance liquidity layer bridging traditional finance and blockchain, announced today a groundbreaking partnership with Everclear that eliminates one of crypto’s most persistent friction points: converting assets across different blockchain networks. Users can now swap wrapped ETH (wETH) from Ethereum, Arbitrum,
The latest UK labour market report presents a multifaceted signal of economic deceleration. A discernible increase in the unemployment rate, coupled with declining payroll employment and subdued wage growth, is leading market participants to recalibrate expectations for monetary policy. With the Bank of England’s next interest rate decision looming in December, traders are now leaning
The UK investors are pulling billions from stock funds ahead of the upcoming budget, while the Bank of England is warning against loosening stablecoin rules. In Georgia, a Turkish military plane crash has claimed multiple lives, and in Russia, a teenage street musician has been jailed again for performing anti-Kremlin songs. A glance at major
The UK gilt market suffered a sharp shock on Friday after Chancellor Rachel Reeves abandoned plans to raise income tax in the upcoming November 26 Budget. The dramatic U-turn sparked a bond market rout, with 10-year gilt yields jumping 14 basis points and 30-year yields soaring as much as 14 basis points in early trading.
Markets across Europe are on edge as a mix of economic pressures, legal battles, and supply chain strains shapes the region’s business landscape. From a sharp FTSE sell-off and mounting risks in the banking sector to HP’s high-stakes Autonomy fight and the auto industry’s ongoing chip crunch, the latest developments highlight how fragile confidence remains.
Consumer caution, shifting inflation expectations, political brinkmanship, and corporate resilience set the tone across Europe today. UK spending data shows households tightening their belts, even as the Bank of England signals modest relief ahead from Reeves’ budget. In France, Prime Minister Lecornu faces a knife-edge vote that could upend the 2026 social security plan. And
Europe’s policy, regulatory, and tech landscape is in flux as central banks, governments, and businesses adjust to mounting economic and political pressures. In the UK, the Bank of England faces a finely balanced rate decision as inflation cools but growth risks rise. Elsewhere, regulators are tightening the screws on short-term rentals, trade tensions are flaring
The UK’s inflation rate cooled more sharply than expected in November, strengthening the case for the Bank of England to cut interest rates at its final policy meeting of the year on Thursday. The data adds to mounting evidence that price pressures are easing while the broader economy shows signs of slowing momentum. Consumer prices
The UK economy grew stronger than expected in November, rebounding from the previous month’s contraction as the services sector led a modest pickup in activity, easing concerns over a weak end to the year. Gross domestic product expanded by 0.3% in November, the Office for National Statistics said on Thursday, surpassing the 0.1% increase forecast