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Aug 21, 2025
EU: What’s required for capital markets union? – Standard Chartered
The lack of integrated capital markets in the EU is holding back innovation and productivity growth. Despite a renewed push by the European Commission, significant operational barriers to CMU persist. Factors such as incomplete banking union and political disagreements create further headwinds.
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Aug 21, 2025
GBP/JPY climbs as strong UK Services PMI lifts Pound
The GBP/JPY advanced during the North American session, up 0.34% after following the release of solid economic data from Britain that outweighed solid Purchasing Managers Index (PMI) figures in Japan. The cross-pair trades at 198.91 after bouncing off daily lows of 198.12.
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