Browsing: World News

Latest World news news, comment and analysis from WTX News, the world’s independent and unbiased news publisher.

Michel Barnier becomes new French PM Veteran French conservative Michel Barnier has been named France’s new Prime Minister, almost two months after the country’s snap…

The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days. 

The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.