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Pound slips after inflation, Saunders boost BOE rate bets

Bloomberg The pound slid and gilts rallied after inflation data backed up Bank of England (BOE) policy maker Michael Saunders’ call for urgent stimulus to boost the UK economy. Sterling dipped below $1.30 and 10-year government bond yields dropped to the lowest in seven weeks the data fuelled bets that the central bank will lower interest rates this year. Money ...

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Bitcoin buyers can ignore most exchanges, says study

Bloomberg A handful of Bitcoin exchanges are key to setting prices, allowing traders to largely ignore the myriad of other bourses without the risk of missing major moves, according to a new study. Only 10 markets — among them Binance, Liquid, Huobi, Coinbase and HitBTC — are where most price discovery takes place, and moves that originate there later migrate ...

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Boeing’s ‘bad’ internal emails strengthen crash victim suits

Bloomberg Internal emails from Boeing Co employees could strengthen the legal case for families claiming the company’s push to minimise the training needed for new 737 Max aircraft contributed to two crashes that killed 346 people. Employees bragged about fooling the Federal Aviation Administration (FAA) into thinking pilots who’d flown older 737 models would need only computer training to fly ...

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