FILE PHOTO: Hot air balloons fly over Canary Wharf during the Lord Mayor’s Hot Air Balloon Regatta, in London, Britain June 9, 2019. REUTERS/Simon Dawson/File Photo LONDON (Reuters) – Lenders in Britain said demand for mortgages rose significantly in the second quarter and is expected to hold steady in the third quarter, a Bank of […]

Read More → Lenders see stable mortgage demand after second-quarter pick-up – BoE

Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. Learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services at politicopro.com. Dow busts through 27K — The Dow broke through 27,000 […]

Read More → Dow busts through 27K – POLITICO

LONDON (Reuters) – The Bank of England should follow the lead of other central banks and say explicitly what it thinks it will do to interest rates in order to make itself more transparent, according to one of the British central bank’s top officials. Bank of England Monetary Policy Committee Member, Gertjan Vlieghe speaks during […]

Read More → ‘Why not just tell them?’ Let’s be clear on rates – BoE’s Vlieghe

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff (Reuters) – European shares rose on Thursday, breaking a four-day losing streak, after U.S. Federal Reserve Chair Jerome Powell cemented hopes of an interest rate cut this month, lifting stock markets worldwide. While […]

Read More → European shares break four-day losing streak on Fed Powell’s dovish remarks

Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. Learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services at politicopro.com. TRUMP SEEKS FLIP-FLOPPERS TO RESHAPE THE FED — I write […]

Read More → Trump seeks flip-floppers to reshape the Fed

FILE PHOTO – A residential street is seen in Notting Hill in central London October 8, 2013. REUTERS/Toby Melville LONDON (Reuters) – British house prices rose at the fastest annual rate since early 2017 in the three months to the end of June, mortgage lender Halifax said on Friday, adding to other signs that the […]

Read More → UK house prices pick up a bit more speed: Halifax

KUALA LUMPUR, July 5 (Reuters) – Malaysia’s gross international reserves edged up to $102.7 billion, as of June 28, from $102.6 billion on June 14, the central bank said on Friday. The reserves were sufficient to finance 7.3 months of retained imports, and were 1.2 times the short-term external debt, said Bank Negara Malaysia. (Reporting […]

Read More → Malaysia’s international reserves up at $102.7 bln, as of June 28

Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. Learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services at politicopro.com. PROGRAMMING NOTE: Morning Money will not publish on Thursday, July […]

Read More → Red alert time for Biden