Bloomberg As the U.K. agonizes over its relationship with Europe, the Bank of England is readying for turmoil. With just 10 days before a referendum that could see Britain withdraw from the European Union, central bankers are putting the defenses in place to shore up market confidence and the financial system if that happens. Tuesday will see the first ...

  Bloomberg Cheaper oil prices since 2014 have probably been of little net benefit to the global economy and may even have been a drag on growth, according to the European Central Bank. “While most of the oil-price decline in 2014 could be explained by the significant increase in the supply of oil, more recently the lower price has reflected ...

  Bloomberg Germany’s 10-year bond yields are set to climb from the all-time low reached last week, according to economists surveyed by Bloomberg. Benchmark yields fell to a record 0.009 percent on Friday. While economists have reduced their year-end yield estimates since January, they don’t foresee that level as sustainable. The median forecast of 19 economists in a Bloomberg survey ...