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US stocks extend losses; Treasuries resume rally

Bloomberg US equities extended losses and European shares climbed as investors reassessed the strong rally that started the week. Treasuries resumed their charge higher, while the pound weakened after Britain’s parliament once again failed to reach a consensus on Brexit. The Dow was dragged down by Walgreens Boots Alliance Inc after lower pharmacy reimbrusements hurt earnings at the drugstore chain. ...

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Bitcoin surges as cryptocurrency market returns to life

Bloomberg An abrupt surge in Bitcoin sent the world’s most popular cryptocurrency to the highest level since November, jolting the $160 billion market for digital assets after three months of calm. Traders struggled to pinpoint reasons for the rally, though some noted a flood fresh interest after Bitcoin breached the $4,200 level. The cryptocurrency briefly topped $5,000 and the value ...

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Bank of England asks shadow lenders on risk of downturn

Bloomberg The Bank of England (BOE) has been meeting with direct lenders to gauge the industry’s resilience to slowing growth, according to two people familiar with the matter. At least two of the biggest UK private credit funds met separately with members of the central bank’s financial stability unit in the past month, said the people, who asked not to ...

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