Market Looking For Powell-Type Guidance: Henry Allen

Meghan Swiber, managing director of US rates strategy at BofA Securities, says the US Treasury can cut issuance at the back end of the yield curve, which she says would send a more impactful message to the market.…

A leading ally of Italian Premier Giorgia Meloni endorsed a tax on windfall energy profits as the government prepares to extend measures to cushion the effect of the Iran war.

Hungary’s central bank delivered its third consecutive interest rate cut after the inflation rate fell to the lowest level in a decade.

Kit Juckes, chief FX strategist at Societe Generale, says the US Treasury’s move to increase the purchases of long-dated bonds is “management of the market, rather than yet, something that you might call intervention…

Kalshi is asking regulators to delay products from one of its competitors, Cboe Global Markets Inc., as the friction between upstart prediction markets and incumbent financial exchanges heats up.

Tungsten West Plc shares soared after securing an investment of up to £71 million ($97 million) from the UK government for the restart of a historic tin and tungsten mine in the southwest of the country.