Tuesday , 16 December 2025

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Stocks climb as Treasury rally takes breather; dollar rises

Bloomberg US stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar edged higher. Every industry in the S&P 500 Index advanced, with technology and consumer shares leading gains. The yield on benchmark US debt rose after closing below 2.4 percent though the spread between three-month and 10-year rates remained in negative …

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Pound advances as top Brexiteer revives hopes for PM’s deal

Bloomberg The pound climbed as Brexiteer Jacob Rees-Mogg signalled he could back the UK Prime Minister’s deal to leave the European Union, as he kept alive the possibility that her plan might pass through parliament, which did not. Sterling reversed earlier declines to lead gains across the Group-of-10 currencies as Rees-Mogg said Theresa May’s deal was “better than not leaving …

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Swedish money laundering case spins widening web of intrigue

Bloomberg As Sweden gets to grips with the money laundering scandal battering its oldest bank, questions are being asked about the impartiality of those overseeing the case. Swedbank AB reportedly handled more than $10 billion in suspicious flows tied to the Danske Bank A/S Estonian laundering scandal. The case became public knowledge only this year, but according to Swedish media …

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