Sweden's central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade.

Sweden’s Riksbank cut borrowing costs by a half point for the first time in a decade, accelerating aid for a stagnant economy with the promise of more to come.

Sterling rallied ahead of a Bank of England meeting, while the Swedish and Norwegian crowns edged up after in-line decisions from their respective central banks ...

Meanwhile, UK gilts have continued to sell off, with the spread of 10-year gilt yields over bunds widening by +5.4bps ...

Trump's tariffs. The 78-year-old Republican has proposed a 10 per cent tariff on all US imports and 60 per cent on 'Made in China' products, affecting the whole American economy if implemented as the ...

Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs.