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British retail sales soften in July after World Cup boost

British retail sales soften in July after World Cup boost

By David Milliken LONDON, Aug 21 (Reuters) - British retail sales fell back as expected in July after a surge in June when hot weather boosted demand for fans and air conditioners and supermarkets offered promotions alongside the men's soccer World Cup, official figures showed on Friday.
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Dollar falls to three-month low as Treasury moves to soothe bond jitters

Dollar falls to three-month low as Treasury moves to soothe bond jitters

By Ankur Banerjee and Samuel Indyk LONDON, Aug 20 (Reuters) - The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, lifting risk sentiment and undercutting the
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Dollar at three-month lows as Treasury seeks to rein in surging bond yields

Dollar at three-month lows as Treasury seeks to rein in surging bond yields

By Ankur Banerjee SINGAPORE, Aug 20 (Reuters) - The U.S. dollar stood at three-month lows on Thursday after the Treasury Department moved to calm a bond market rout that had pushed long-end yields to their highest since 2007, sapping support for the greenback.   
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Dollar at three-month lows as Treasury takes aim at surging bond yields

Dollar at three-month lows as Treasury takes aim at surging bond yields

By Ankur Banerjee SINGAPORE, Aug 20 (Reuters) - The U.S. dollar stood at three-month lows on Thursday after the Treasury Department moved to calm a bond market rout that had pushed long-end yields to their highest since 2007, sapping support for the greenback.   
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UK inflation picks up after July surge in household energy bills

UK inflation picks up after July surge in household energy bills

By Andy Bruce and David Milliken LONDON, Aug 19 (Reuters) - A jump in household energy bills pushed British inflation to a four-month high in July, matching forecasts, and it looks set to rise further as the war in Iran grinds on with no end in sight.
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UK labour market loses more momentum in second quarter

UK labour market loses more momentum in second quarter

By Andy Bruce and David Milliken LONDON, Aug 18 (Reuters) - Britain's labour market cooled further in the second quarter, marked by slowing earnings growth in the private sector and the smallest number of vacancies in more than five years, official data showed on Tuesday.
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Bank of England to hold rates for remainder of year despite inflation risks

Bank of England to hold rates for remainder of year despite inflation risks

By Nushaiba Iqbal BENGALURU, Aug 18 - The Bank of England will leave interest rates unchanged at 3.75% for the rest of the year, according to a strong majority of economists polled by Reuters, clinging to a view they've held since the U.S.-Israeli war on Iran began in late February.
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Bank of England to hold rates for remainder of year despite inflation risks: Reuters poll

Bank of England to hold rates for remainder of year despite inflation risks: Reuters poll

BENGALURU, Aug 18 - The Bank of England will leave interest rates unchanged at 3.75% for the rest of the year, according to a strong majority of economists polled by Reuters, clinging to a view they've held since the U.S.-Israeli war on Iran began in late February.
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Dollar range-bound as markets price dovish Fed response

Dollar range-bound as markets price dovish Fed response

By Chibuike Oguh and Harry Robertson NEW YORK/LONDON, Aug 18 (Reuters) - The U.S. dollar was trading range-bound against major peers on Tuesday as markets continued pricing in a dovish response from the Federal Reserve in the wake of softer economic data.
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Oil prices at near three-week high as US-Iran peace hopes fade

Oil prices at near three-week high as US-Iran peace hopes fade

By Robert Harvey LONDON, Aug 18 (Reuters) - Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries
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Oil prices at near three-week high as US-Iran peace hopes fade

Oil prices at near three-week high as US-Iran peace hopes fade

By Robert Harvey LONDON, Aug 18 (Reuters) - Oil prices rose for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries about prolonged
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Bond markets from US to Japan whacked as inflation and fiscal worries take hold

Bond markets from US to Japan whacked as inflation and fiscal worries take hold

By Dhara Ranasinghe, Gregor Stuart Hunter and Samuel Indyk LONDON, Aug 18 (Reuters) - Long-term borrowing costs from the United States to Japan and Germany hit their highest levels in decades on Tuesday, as renewed inflation worries added to nagging concerns about the fiscal pressures facing some of