VRD

Analysis: Underwater: how the Bank of England threw a lifeline to the markets

Analysis: Underwater: how the Bank of England threw a lifeline to the markets

The Bank of England bought bonds after demands from pension funds Some UK pension funds have faced problematic margin calls BoE support seen as window to post collateral UK government’s unfunded tax plan spooked markets LONDON/NEW YORK, Oct 2 (Reuters) – Calls to the Bank of England that some British pension funds were struggling to …

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Wall Street takes a nose dive amid growing concerns over economic growth

Wall Street takes a nose dive amid growing concerns over economic growth

S&P 500 back to nearly two-year low Airlines and cruises fall on cancellations due to Hurricane Ian CarMax collapses on missing Q2 expectations Indices down: Dow 1.54%, S&P 2.15%, Nasdaq 3.05% Sept 29 (Reuters) – Wall Street fell on Thursday on fears of a global economic slowdown from aggressive central bank policy and concerns that …

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UK market rout stokes contagion fears around the world

UK market rout stokes contagion fears around the world

NEW YORK/LONDON, Sept 28 (Reuters) – The scale and speed of the sale of British assets has rattled global markets, raising concerns about contagion as chaos in a major developed economy adds to the already malaise generated by the sharp rise in interest rates in the United States and elsewhere. After Friday’s UK mini-budget, which …

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EU watchdog proposes emergency brake for energy markets

EU watchdog proposes emergency brake for energy markets

Join now for FREE unlimited access to Reuters.com Register ESMA wants more control over energy markets Overwatch flags need more drastic changes Increase transparency in OTC and physical markets LONDON, Sept 22 (Reuters) – A temporary curb on gas and power derivatives when prices spike could improve the functioning of energy markets, the Union securities …

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