Bloomberg Traders will be watching the Bank of England’s first policy meeting since the Brexit referendum for fresh reasons to sell the pound. Speculation is building that BOE Governor Mark Carney will use the Thursday gathering to follow up on his pledge to take whatever steps are necessary to spur the economy. The chances of the central bank cutting ...

  Bloomberg Russia raised 52.2 billion rubles ($816 million) from the sale of Alrosa PJSC, the world’s largest diamond miner, according to a person with knowledge of the deal, the country’s biggest privatization in three years marred by economic uncertainty. Shares were priced at 65 rubles a piece, the person said, a 3.8 percent discount to the stock’s Friday closing ...

  Bloomberg Russian government bonds suffered their worst weekly performance in six months after oil retreated and accelerating inflation raised concern the central bank will be forced to slow the pace of rate cuts. Five-year OFZ bonds had their biggest five-day drop since mid-January, driving the yield up 33 basis points. While debt fell, the ruble climbed with rising crude ...