Britain's FTSE 100 was little changed on Wednesday as hotter-than-expected inflation reinforced bets on the Bank of England (BoE) increasing interest rates, overshadowing gains in oil majors that tracked firmer crude prices.
On the map → Indonesia · nickel
Separate development
On the map → Strait of Hormuz
On the map → France · sovereign stress
Trump’s foreign policy is predicated on a miscalculation: that other countries will capitulate to his demands. On “The Ezra Klein Show,” Chrystia Freeland, a former deputy prime minister of Canada, explains how Trump’s approach has backfired in his negotiations with Canada and China.
On the map → Taiwan Strait
Later report: Rupee rises 29 paise to 94.62 against US dollar in early trade Press Trust of India via The Hindu BusinessLine ·
Later report: IMF Urges Currency Flexibility as RBI Mounts Rupee Defense Bloomberg ·
Later report: Rupee closes at six-week high of 94.38 driven by Jio IPO, RBI intervention ThePrint ·
Later report: Rupee gains for eighth straight session, longest winning streak in 8 years Business Standard ·
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