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The Latest Breaking News from ECB

Latest damning cricket report shows same old pathways remain blocked

The county pathways reflect wider issues, with racial inequality and state school pupils disadvantaged – this can be remedied

The Guardian - UK

Cricket inequalities in England and Wales are untenable – our report shows how to rejuvenate the game

After more than two years of research, interviews and evidence gathering, a landmark report by the Independent Commission for Equity in Cricket (ICEC) was published on June 27 2023. Holding Up a Mirror to Cricket contains strong and disturbing evidence about the class prejudice, racism and misogyny that runs through…

The Conversation

UK appears increasingly distant from global peers on price rises as Eurozone inflation falls to 5.1% in June

Inflation in the UK was 8.7% in May, the last month for which data has been published

Evening Standard

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Europe inflation slips to 5.5% — but that won't stop central bank rate hikes

Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags

The Independent UK

Inflation is moving in different directions in Europe. It hit 6.8% in Germany and 1.6% in Spain

Inflation is pushing in different directions in Europe, rising in Germany and falling again in Spain

The Independent UK

England one-day captain Jos Buttler offered game-changing multi-year IPL deal

England white-ball captain Jos Buttler has been a regular for IPL franchise Rajasthan Royals since 2018 and they are planning to offer him a big money multi-year deal to represent all their franchises

Daily Mirror

Stocks Stable Despite Hawkish Central Bankers and Possible New U.S. Chip Restrictions

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday fell -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.12%. Stocks were undercut as central bank chiefs Wednesday kept up their hawkish...

Barchart

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Dollar Sees Support from Hawkish Powell Comments

The dollar index (DXY00 ) on Wednesday rose by +0.40% as the market focused on Fed Chair Powell’s comment that he would not “at all” rule out two consecutive rate hikes. The markets are discounting only one +25 bp rate hike through year-end. Meanwhile, EUR/USD (^EURUSD ) fell -0.41% on...

Barchart

'Drastic change' is needed after 'distressing' incidents at Bristol's cricket clubs

A two-year inquiry found widespread problems with the national sport

Bristol Post

Europe moves closer to creating the digital euro—but privacy fears persist

Will the digital euro retain the privacy features of cold, hard cash?

Fortune

Stocks Mixed Despite Hawkish Central Bankers

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.5%. Stocks are mixed despite central bank chiefs hawkish language...

Barchart

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

The Independent UK

Central Bankers Maintain Their Hawkish Bias at ECB’s Policy Forum

Central bank chiefs kept up their hawkish language as they appeared today on a policy panel at the ECB’s policy retreat in Sintra, Portugal. Fed Chair Powell said he won’t take two consecutive rate hikes off the table “at all.” Powell also said, “Policy hasn’t been restrictive for very long....

Barchart

Stocks Mildly Lower on Hawkish Central Bankers

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks are mildly lower this morning as central bank...

Barchart

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The Independent UK

Ex-Essex player Jahid Ahmed: Racism probe being dragged out to protect accused

Ahmed first made his allegations in 2021.

Barchart

Markets Today: Stocks Mildly Lower on Negative AI News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.20%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.38%. Nvidia (NVDA ) and other AI chip stocks are leading the markets lower this morning after the Wall Street Journal late Tuesday reported that the...

The Street

Stock Futures Mixed, Powell Speaks, Nvidia Slides, Bank Stress Tests, Micron Earnings - 5 Things To Know

Stock futures waver as traders eye Fed, tech export ban reports; Fed Chair Powell joins central bank panel at ECB summit in Portugal; Nvidia tumbles on report of potential AI chip sale ban to China; JPMorgan edges lowers as banks brace for sterner Fed stress test results and Micron Technology…

The Guardian - UK

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

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Barchart

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

Barchart

Euro Sees Support from Hawkish Lagarde Comments

The dollar index (DXY00 ) Tuesday fell -0.21%, while EUR/USD (^EURUSD ) rose +0.43% on hawkish comments by ECB President Lagarde. USD/JPY (^USDJPY ) rose +0.37%. Tuesday’s May U.S. durable goods orders report of +1.7% m/m was stronger than expectations of -0.9%. Also, capital goods orders ex-defense and ex-aircraft, a...

The Guardian - UK

I made my way in cricket but it is clear that was against the odds

The ICEC report will hopefully be seen as a landmark but the game reflects the society that exists around it

The Guardian - UK

Gloom at Yorkshire as proposed punishment emerges for scandal

Threat of huge fines and points deductions after racism scandal means darkness in the skies and among supporters

Barchart

Crude Oil Prices Close Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) Tuesday closed down -1.67 (-2.41%), and Aug RBOB gasoline (RBQ23 ) closed down -3.27 (-1.33%). Crude oil fell as concern resurfaced about Chinese and global economic growth. ECB President Lagarde Tuesday reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

The Guardian - UK

The Guardian view on cricket: infused with racial, sex- and class-based bigotry

Editorial: To understand the nature and extent of inequity requires going beyond the game to history itself

Daily Mirror

Rishi Sunak demands sport 'be open to everyone' after damning report into cricket

The Winchester-educated PM has previously spoken of his love for the sport, which has come under scrutiny since former Yorkshire spin bowler Azeem Rafiq’s allegations of racism in 2020

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