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Latest Financial News

ECB sources report: Policymakers see a December rate hike followed by a pause

Reuters ECB sources:Policymakers see a hike in December followed by a pauseNew staff estimates show higher bond yields cutting growth by cumulative 100 bps, inflation by 90 bps in 2027-28 versus baselineThat's a rough bite out of growth, especially if Lagarde is right and a portion of it is driven by hyperscaler borrowing to spend…

India Names Binance and Bybit Among Foreign Platforms in $585M Crypto Remittance Probe

India’s Enforcement Directorate (ED) is investigating alleged cryptocurrency-linked cross-border transactions worth around $585 million (₹5,000 crore). The case involves Mudrex, Saber.money and decentralised finance protocol Instadapp.On 27 October, the agency searched four premises, including three in Bengaluru and one in Madhya Pradesh, under the Foreign Exchange Management Act.London's trading industry is coming home!The operation follows…

Lagarde: Growth should be underpinned in the near term

AI investment and government spending should support growthRenewed energy prices increases and financing costs hurt confidence and growthEarly stages of pricing chain point to upward pressureWages pressures remain moderatethe euro dipped as low as 1.1106 to 1.1130.Energy prices have increased beyond the baseline pathEnergy will boost inflation further in the medium termHeadline inflation likely well…
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Our Latest Daily Chop

America First. Trump Firster. 

America First—or Trump First? Learn about Donald Trump’s growing business empire, from cryptocurrency ventures and foreign property deals to presidential access and market-moving announcements. The question is not simply whether the deals are legal, but whether a sitting president’s private financial interests can ever be separated from public duty.
Editorial cartoon depicting Donald Trump balancing his presidency with his personal business empire, cryptocurrency ventures and foreign business deals, highlighting questions about conflicts of interest.

You’re Fired: Why Football Sacks the Boss When Everything Goes Wrong 

Manchester United keeps changing managers, but the problems keep coming back. Max’s Daily Chop explores the cost of football's managerial merry-go-round, why clubs sack their bosses and what investors and businesses can learn from the revolving door. Copy excerpt
Editorial cartoon of a football manager being sacked beside a revolving door at Manchester United, illustrating the cost of repeated managerial changes.

Stop Getting Bond Wrong: Who Should Be the Next 007? 

Jack Lowden or Callum Turner? As the search for the next James Bond heats up, Max’s Daily Chop weighs up the leading contenders, Henry Cavill's chances and why 007 needs glamour, danger, wit and a return to classic Bond escapism. Copy excerpt
Editorial cartoon of the next James Bond casting debate featuring Jack Lowden, Callum Turner and the iconic 007 Aston Martin.

The Fuck-It Presidency: Has Donald Trump Stopped Caring About the Consequences? 

Has Donald Trump reached the point where political consequences no longer matter? Max’s Daily Chop examines Trump's second presidency, repeated controversies, family business interests, political accountability and the November 2026 midterms. Copy excerpt
Editorial cartoon of Donald Trump facing political consequences and accountability during his second presidency ahead of the 2026 US midterm elections.
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