BoE Governor Bailey (Q&A), asked about what would push the MPC towards Scenario C, says a lot will depend on what happens in the Gulf
Governor Bailey's comments suggest that the BoE's monetary policy stance could hinge significantly on developments in the Gulf, particularly regarding energy prices.
Iran President Pezeshkian tells Japan PM Takaichi that Iran is ready to continue the path of diplomacy if Washington changes its behaviour
Mastercard (MA) Q1 2026 (USD): Adj. EPS 4.60 (exp. 4.41), Revenue 8.4bln (exp. 8.26bln), Adj. net income 4.1bln (exp. 3.94bln)
BoE Governor Bailey (Q&A), asked about what would push the MPC towards Scenario C, says a lot will depend on what happens in the Gulf
Illinois Tool Works Inc. (ITW) Q1 2026 (USD): EPS 2.66 (exp. 2.57), Revenue 4.016bln (exp. 4.01bln), FY EPS view 11.10-11.15 (exp. 11.30), FY revenue growth of 2-4% with organic growth of 1-3%
Mexican GDP Growth Rate YoY Prel (Q1) Y/Y 0.1% (Prev. 1.8%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Emphasises that the persistence of energy moves is the key
Given the emphasis on energy's persistence, markets might look for directional cues in GBP and inflation expectations, which could ultimately influence rate decisions and risk sentiment across equities and fixed income.
Related headlines
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates2 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging5 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks5 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies8 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective14 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)3 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week2 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs6 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 14 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20304 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)4 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL10 hours ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits14 hours ago
- Canada's Trade Minister says Canada is negotiating with Poland to sell nuclear energy tech and LNG14 hours ago
- Merck (MRK) veteran and psychedelics developer tapped for top FDA job8 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd7 hours ago
- US Department of Justice plans closer scrutiny of Fox's (FOXA) USD 22bln Roku (ROKU) deal, according to Semafor6 hours ago
The whole workspace, free to try.
Try it free