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Stocks rise as risks recede from Hong Kong to Britain

Bloomberg US equity-index futures rallied alongside European and Asian stocks as traders cheered a reduction in political tension from Italy and Britain to Hong Kong. Treasuries and gold retreated, while the dollar slipped. Contracts on the three major American share gauges jumped, signalling stocks will rebound from declines. All industry groups in the Stoxx Europe 600 index advanced, almost erasing ...

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Deutsche Bank and UBS CEOs criticise negative rates impact

Bloomberg Europe’s top banking executives ratcheted up criticism of negative interest rates ahead of a key European Central Bank (ECB) meeting, warning of severe consequences to asset prices and the broader economy. Deutsche Bank AG Chief Executive Officer Christian Sewing warned that more monetary easing by the European Central Bank, as widely expected next week, will have “grave side effects” ...

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