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  • NEW YORK, July 14- The dollar rose to near a three-week high against the yen on Thursday and fell near a two-week low against sterling, as a surprise decision from the Bank of England and expectations of stimulus from the Bank of Japan returned risk appetite to markets. "Certainly the markets like to see global central bank friendliness, whether that be holding...

  • NEW YORK, July 14- The dollar rose to a three-week high against the yen on Thursday, as a surprise decision from the Bank of England and expectations of stimulus from the Bank of Japan returned risk appetite to markets. The Japanese currency fell near 106 yen per dollar and past 140 yen per pound, with dealers citing a Bloomberg report saying ex-Federal Reserve...

  • DELTA'S REVENUE FROM UK FLIGHTS FELL BY $40 MILLION WITH WEAKENING OF BRITISH POUND AGAINST THE DOLLAR- PRESIDENT.

  • *Bank of England unexpectedly hold rates, sterling leaps. LONDON, July 14- Sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the Bank of England unexpectedly opted to keep its post-Brexit powder dry for at least few more weeks. London's FTSE went from being up 0.8 percent to flat within minutes as sterling...

  • LONDON, July 14- Sterling surged to two-week highs on Thursday and British share prices reversed earlier gains after the Bank of England left interest rates unchanged and investors priced out the chance that rates will be cut twice this year. Sterling had already been boosted this week by Theresa May becoming Britain's new prime minister, which helped ease the...

  • Sterling jetted higher against the yen, the dollar and the euro after the Bank of England blew out expectations it would cut interest rates immediately to offset any damage to the economy from last month's vote to leave the European Union. But it was the yen's moves that dominated morning trading in London, sliding past 105 per dollar and 140 yen per pound, with...

  • LONDON, July 14- Sterling surged to two-week highs against the dollar and euro on Thursday while British share prices turned negative, after the Bank of England kept interest rates unchanged, wrong-footing the many investors who had expected a cut. The Bank said it was likely to deliver stimulus in three weeks' time, possibly as a "package of measures," once it has...

  • UK headed for recession: BlackRock's Fink

    Brexit is going to cause a short-term recession, says Larry Fink, BlackRock CEO, providing his outlook on the the UK's economy after Brexit.

  • Bank of England leaves interest rates unchanged

    The pound soars after the Bank of England announces it will not be raising rates at this time.

  • TOKYO, July 14- The yen slipped to a three-week low on Thursday on speculation of more stimulus from Tokyo, while sterling ticked up ahead of a Bank of England meeting that is expected to deliver a rate cut to blunt the economic fallout of Britain's vote to exit the European Union. Possibly helping to trigger the yen's latest was a story by Bloomberg that former U.S.

  • Impact following 'Leave' vote in line with expectations: UBS

    Geoffrey Yu, ultra high net worth investment strategist at UBS, talks about the potential moves in sterling and what’s driving cable strength right now.

  • Will the BoE cut rates for the first time since 2009?

    The Bank of England’s Monetary Policy Committee met on Wednesday for the first time since the Brexit vote; but what will the central bank announce on Thursday? CNBC’s Geoff Cutmore discusses.

  • MANILA, Philippines— European markets and U.S. futures made early gains after a mixed performance in Asia following calming words from Britain's new Treasury chief and ahead of a decision by the Bank of England's Monetary Policy Committee on whether to stimulate the economy. KEEPING SCORE: Britain's FTSE 100 rose 0.7 percent to 6,714.49.

  • TOKYO, July 14- The yen surrendered its early gains in Asia on Thursday, while sterling pushed higher but remained capped ahead of a Bank of England meeting that is expected to deliver an easing to blunt the economic fallout of Britain's vote to leave the European Union. Another key focus is how soon the BoE's Monetary Policy Committee could sanction a new round of...

  • BOE Rates

    Brexit is just a sentimental issue, as the fundamentals of the U.K. economy remain intact, says Complete Intelligence's Tony Nash.

  • BOE Move

    The BOE should wait until after the quarterly inflation report in August to get a better grasp of Brexit's impact, says Barclays' Mitul Kotecha.

  • BOE Rates

    JPMorgan AM's Kerry Craig says the expectation of central banks stimulus in response to Brexit is driving investors back into the stock market.

  • TOKYO, July 14- The yen firmed in early Asian trade on Thursday, while sterling was under pressure as traders braced for a Bank of England meeting that is expected to deliver an easing to blunt the economic fallout of Britain's vote to leave the European Union. While Wednesday's appointment of Theresa May as Britain's new prime minister alleviated market...

  • Brexit Small Biz

    June Medical MD Angela Spang tells CNBC that the regulatory uncertainty and currency movements caused by Brexit has affected small businesses.

  • The dollar falls while the Bank of Canada announced that it will hold interest rates.