Investors should prepare for a near 1 percentage point increase on the U.S. 10-year sovereign bond yield before the end of 2018, according to one investment manager, who cited robust wage growth and tightening monetary policy. The 10-year U.S. Treasury note is a benchmark government bond that helps set prices for debt instruments all over […]

The European Union is preparing a new list of duties against the U.S. in case President Donald Trump moves ahead with tariffs on European cars, the Financial Times reported Friday citing anonymous officials in the region. The list, which is reportedly set to include duties worth 18 billion euros ($21.07 billion), will target staples like […]

Donald Trump is expected to play golf at one of his courses in Scotland next week, a move that could cost the British taxpayer as much as £5 million ($6.6 million). The U.S. president makes his first official visit to the U.K. on July 13 when it is expected he will meet Queen Elizabeth II […]

European equities are expected to open higher Friday morning as investors monitor developments on the trade front as a deadline for tariffs from the U.S. and China passed overnight. The FTSE 100 is seen up by 34 points at 7,633; the DAX is set to start higher by 49 points; and the CAC 40 is […]

Greece’s opposition party, New Democracy, is angry after the European Commission made comments that its leaders believe could potentially help the current government in an upcoming general election. It is a critical time for Greece, given that it is set to end its third bailout program in August. The future of the country after the […]

Iran is threatening to dramatically ratchet up its response to the U.S., if President Donald Trump succeeds in halting crude sales from the Persian Gulf when sanctions snap back on the country. Shortly after the Trump administration reaffirmed this week its threat to punish companies that buy Iranian crude, President Hassan Rouhani warned Tehran could […]

Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability. “It’s a classical late cycle story. So, when I was here last time, I said we were long and nervous. We are no longer long, we are increasingly nervous about this,” Roelof Salomons, chief strategist at Kempen […]

President Donald Trump will meet NATO allies in Brussels next week, who will expect the U.S. leader to again go on the attack about insufficient spending on defense by other countries. Trump has time and again criticized member countries of the alliance that have failed to hit a target, agreed in 2014, to spend 2 […]

European lawmakers are about to vote on a piece of legislation that critics say would significantly damage internet freedom. Parliamentarians in Strasbourg, France, will cast their votes on the European Union’s new copyright directive on Thursday. The regulation is an update to a 2001 directive on copyright, and is aimed at modernizing those rules for […]

Two U.K. citizens are critically ill in hospital after being exposed to the Novichok nerve agent — the same potentially lethal toxin that was used to poison former Russian spy Sergei Skripal and his daughter Yulia in March. The man and woman, both British and named in U.K. media reports as Charlie Rowley, 45, and […]