Bloomberg Markets
Bank of England Governor Andrew Bailey speaks at a news conference in London following the central bank's decision to keep interest rates unchanged in July as UK officials sought to balance the threat from resurgent US-Iran tensions against signs that domestic price pressures are easing more quickly than predicted. "We will monitor the situation carefully and stand ready to adjust our stance as the evidence and our judgements on the outlook evolve," Bailey says. (Source: Bloomberg)
CNBC Finance
Ferrari is bumping up its 2026 guidance after beating Wall Street's second quarter expectations amid "healthy" demand for its products.
Financial Times
Abdicating responsibility or fortifying the markets with anti-fragility serum?
Bloomberg Markets
London Stock Exchange Group raised its full-year guidance after reporting its strongest first half since acquiring Refinitiv. The company said demand for its AI-powered data products continues to grow. CEO David Schwimmer also said he would "love to see" the UK's stamp duty on share purchases removed, arguing it is "the wrong incentive structure" for trading and listings. He added that the UK underinvests its own pension capital in domestic markets and sees "signs of receptivity" to reforms aime
Bloomberg Markets
For almost two months, investors have tried — and largely failed — to deduce a signal that would break US equities’ newfangled habit of lurching around and going nowhere.
MarketWatch
The CIO of Ranmore Funds isn’t too keen on U.S. valuations at present, but the beaten-down software sector is luring him back in.
Bloomberg Markets
Dislocations have created lucrative opportunities for companies able to source, transport and process energy across markets.