GBP/AUD

As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...

The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report released early Wednesday by the U.S. Trade Representative said Canada, Mexico, Taiwan and the United Kingdom and some other countries would face ...

Britain's financial regulator has warned soccer clubs including those in the Premier League that sponsorship deals with unauthorised crypto firms and trading platforms could expose them to legal liability, money laundering and reputational damage. The Financial Conduct Authority said on Wednesday that unauthorised firms may be breaching UK financial ...

Key statistics: The Australian economy rose 0.3% in seasonally adjusted chain volume measures. • In nominal terms, GDP rose 0.6%. • The terms of trade rose 1.1%. • Household saving to income ratio fell to 6.2% from 7.0%. Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is ...

Fed's Chair Warsh names two conservative policy veterans as interim advisers, Paul Winfree and Daniel Heil, who are to work as temporary contractors to support policy analysis and planning - WSJ citing Source. New: Kevin Warsh has tapped two outside associates as advisers—in as temporary contractors for now. Both are budget policy specialists, and one wrote the Fed chapter of Project 2025, which endorsed a radical restructuring of the central bank.

BoE Gov. Bailey: Policymakers facing growth/inflation trade-off BAILEY: INFLATION OVERSHOOT ENTIRELY DUE TO GULF EVENTS BoE Gov. Bailey: Outlook is for slower growth, not recession. Just in | BoE Governor Bailey: Future Events Remain Highly Unpredictable.

RBA board member Ian Harper: Persistent inflation is a genuine concern. Rising market measures of inflation expectations are concerning, according to RBA board member Ian Harper.

Bank of England policymaker Megan Greene and US Federal Reserve policymaker Christopher Waller split publicly on Sunday over whether stablecoins have a future, with Greene predicting that tokenised deposits will push them aside and Waller defending them as a harmless payment innovation. Sharing a panel in Dubrovnik, Croatia, the two exposed how far the ...

With North America hosting the largest-ever FIFA World Cup football (or soccer) tournament this summer, all three countries will naturally be rooting for the home team. But they are also hoping to capitalize on increased tourism, while containing costs related to security and infrastructure. Will their economies be triumphant? The 2026 edition of the ...

Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test” like many other institutions in the Trump era. ...