B
B

BNPParibas

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Bankers pour cold water on red hot coal

* Coal miners struggling to fund expansion plans * Thermal coal costs more than coking coal after price surge * Most Western bankers pulling back from coal industry By Sarah McFarlane and Clara Denina LONDON, Nov 24 (Reuters) - It's the best of times, it's the worst of times. At least when it comes to mining coal. After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.
B
B
C
C
D
L
S
S
U

World's biggest banks see global economy slowing more in 2023, with likely U.S. recession

Nov 21 (Reuters) - The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by a war and soaring inflation, which triggered one of the fastest monetary policy tightening cycles in recent times. The U.S. Federal Reserve has increased interest rates by 375 basis points this year since rolling out its first hike in March.
B
B
D
E
G
J
U
U

JP Morgan remains world's biggest systemically important bank

LONDON, Nov 21 (Reuters) - JP Morgan remains the world's most systemically important bank according to the latest rankings from the G20's Financial Stability Board published on Monday. The FSB began the annual rankings after the global financial crisis over a decade ago, requiring the world's biggest lenders to hold an extra buffer of capital, calibrated across five 'buckets', and undergo tougher scrutiny of operations.
B
H
J

JP Morgan remains world's biggest systemically important bank

LONDON, Nov 21 (Reuters) - JP Morgan remains the world's most systemically important bank according to the latest rankings of top banks from the G20's Financial Stability Board published on Monday. The FSB began the annual rankings after the global financial crisis over a decade ago, requiring the world's biggest lenders to hold an extra buffer of capital, calibrated across five 'buckets'.
B
H
J

As recession looms, British business sends out lending SOS

* Credit more costly, on tighter terms as banks weigh risks * Some business owners using own money to bridge gaps * Funding crunch may deliver new economic blow to Britain (Updates with budget detail, reaction) By Sinead Cruise, Iain Withers and Lawrence White LONDON, Nov 17 (Reuters) - As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure on the embattled UK government as it unveiled a budget aimed at reviving the eco
B
L

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.