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Following the Bank of England's interest rate decision, the pound fell slightly by 12 points against the dollar (GBP/USD), currently trading at 1.3225.

2026-06-18

Following the Bank of England's interest rate decision, the pound fell slightly by 12 points against the dollar (GBP/USD), currently trading at 1.3225.

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2026-06-18

JP Morgan strategists led by Nikolaos Panigirtzoglou warn rising volatility in semiconductor shares, even as the sector hits record highs, could trigger portfolio VaR breaches that force investors to cut positions. Panigirtzoglou said an influx of Va

JP Morgan strategists led by Nikolaos Panigirtzoglou warn rising volatility in semiconductor shares, even as the sector hits record highs, could trigger portfolio VaR breaches that force investors to cut positions. Panigirtzoglou said an influx of VaR-sensitive investors heightens susceptibility to self-reinforcing, volatility-driven selling. The Philadelphia Semiconductor Index (SOX) fell more than 10% earlier this month on concerns of AI-driven overheating but has since recovered to record highs. A BofA survey this week found long chipmakers the most crowded trade among fund managers.
2026-06-17

President Trump said Indian Prime Minister Modi has been a longtime friend.

President Trump said Indian Prime Minister Modi has been a longtime friend.
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