ECB grapples with speculation over market intervention after French elections

The European Central Bank is facing mounting speculation that it could intervene if French elections trigger widespread market panic, as policymakers prepare for their annual conference in Portugal next week. French bonds have been sold in recent weeks as investors fear that Marine Le Pen’s far-right Rassemblement National or the left-wing alliance Nouveau Front Popculaire … Read more

Week ahead: Round one for Biden versus Trump and the early elections in France

This article is a local version of our The Week Ahead newsletter. Subscribers can sign up here to receive the newsletter every Sunday. Discover all our newsletters here Hello and welcome to the work week. Ding ding. Take your chances for the first debate of the US presidential election on Thursday – although with President … Read more

CNBC Daily Open: S&P 500 briefly crosses 5,500, closes lower

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Traders work on the floor of the New York Stock Exchange during afternoon trading on January 22, 2024 in New York City. Michael M Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open updates investors with everything they need to know, … Read more

The outlook for the economy is better, which makes the timing of the elections even stranger

Sky’s Ian King explains that the signs for growth in the coming months appear more positive, especially with the Bank of England set to ease pressure on consumer spending within months. By means of Ian King, business presenter @iankingsky Wednesday, June 12, 2024 9:23 AM, UK After a very strong start to 2024, in which … Read more

Britain’s super-rich are panicking and fleeing the country

Wealthy people in Britain, from foreign billionaires to bankers in the City of London, are rushing to safeguard their money after Prime Minister Rishi Sunak surprised the country by calling a summer election. Some are cashing in on investments, paying off bills that could soon rise or leaving Britain entirely, according to interviews with more … Read more

What to pay attention to in European Parliament elections

The EU’s direction will be determined over the next four days, when 370 million voters across the bloc cast their ballots in European Parliament elections. Top jobs, including Ursula von der Leyen’s bid for a second five-year term at the helm of the European Commission, will be affected by the outcome of the election. Although … Read more

Indian elections deprive Narendra Modi of his ‘aura of invincibility’

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. As votes in India’s six-week general election were counted on Tuesday, it quickly became clear that Narendra Modi was on course for his third term as prime minister. That’s where his satisfaction will end. The … Read more

Improving the British economy will do little to dent Tory hopes of victory in the July elections

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Rishi Sunak declared inflation back to “normal” at 7am on Wednesday, ending the pain of rising prices. Less than twelve hours later, the Prime Minister took this opportunity to launch a surprise general election. Most … Read more