An abrupt move by China’s leaders to prime the economy with stimulus has produced a powerful rally in the country’s stocks, which have posted their biggest single-week gain in nearly 16 years.

Chinese stocks saw a late surge in Asia trading on Wednesday following an announcement by the country's central bank, the People's Bank of China (PBOC), signaling an imminent loosening of monetary policy to bolster the struggling economy.

Wages hot, inflation hot, services PMI now hot...which bit of the data so far has told you the Fed is about to declare victory? Doubts about next week’s meeting? Perhaps, a little as markets price a 20% of 75bps, 80% for 50bps; but it’s not about the timing or pace of hikes, it’s about the destination.

Members of Parliament yesterday voted in favour of legislation that will make it harder for the next prime minister to push through a no deal exit from the European Union. The move comes as we move closer to finding out whether Boris Johnson or Jeremy Hunt has won the Tory leadership contest and will therefore […]

Stocks across Europe were a touch softer after a sluggish start to trading on Tuesday, taking the cue from a pretty nothingburger of a session on Wall Street, but started to show some more positive momentum in the second half hour of the session with the major indices flipping into green – but not a huge conviction trade here.