Browsing: Budget

Sterling whipsaws after OBR posts UK fiscal forecasts early; NZD rallies as yen lags Sterling swung sharply and gilts reversed earlier gains after the UK’s fiscal watchdog mistakenly published budget forecasts ahead of schedule, injecting… (via Bpaynews real-time desk)

Asia stocks climb on Fed cut hopes as Burry targets AI high-fliers; dollar steady, energy in focus Asian equities advanced as traders bet on a potential Federal Reserve rate cut by December, even as Michael… (via Bpaynews real-time desk)

Dollar Slips as Markets Price In December Fed Cut; Sterling Eyes UK Budget, GBP/USD Tests 1.32 The dollar weakened broadly after softer U.S. private payrolls and fresh dovish cues on policy, propelling GBP/USD toward 1.32… (via Bpaynews real-time desk)

Sterling steadies as UK Autumn Budget looms; gilts, FX traders brace for 12:30 GMT statement Sterling held a tight range ahead of the UK’s Autumn Budget, with traders primed for headline risk around 12:30 GMT… (via Bpaynews real-time desk)

Crypto Headlines Drive Risk Appetite as Retail Cools and Housing Caps Shift A cross-asset mix of cooler retail momentum, benign wholesale inflation and crypto-specific catalysts pulled traders into risk-on positioning, even as headline Bitcoin stays… (via Bpaynews real-time desk)

Reeves Faces Bond-Market Test as UK Budget Targets £20 Billion Fiscal Gap UK Chancellor Rachel Reeves will unveil her Budget around 1230 GMT after Prime Minister’s Questions, with markets laser-focused on whether she can close… (via Bpaynews real-time desk)

Headline: UK Consumer Confidence Slips Ahead of Budget as Tax Fears Cloud Spending Introduction: UK households turned more cautious in November, with consumer confidence weakening as the upcoming budget looms. The shift signals potential headwinds… (via Bpaynews real-time desk)

policy for stablecoins Canada has approved a budget that promotes a policy framework for stablecoins. This decision aims to enhance the regulatory landscape surrounding digital currencies. The budget includes measures designed to ensure that stablecoins… (via Bpaynews real-time desk)

Headline: Markets Weigh UK Housing Slump, Mixed Growth Signals, and Central Bank Caution as Crypto Stumbles Introduction: Global risk sentiment softened at the start of the week as UK housing data disappointed, growth signals across… (via Bpaynews real-time desk)

Headline: Stronger OBR Outlook Eases Pressure on Reeves to Lift Income Tax Rates Introduction: The UK’s fiscal outlook has improved ahead of the budget, giving Chancellor Rachel Reeves additional room to maneuver and reducing the… (via Bpaynews real-time desk)