Author: The Editorial Team

LONDON (Capital Markets in Africa) — The longest U.K. bond rally in a decade has seen yields close in on German equivalents, fueled by the prospect that the Bank of England could cut interest rates below zero next year. Yield premiums on 10-year gilts over bunds have hit lows unseen since 2016, as bets increase that the BOE will add monetary stimulus to support an economy struggling with the impact of the coronavirus pandemic. U.K….

LONDON (Capital Markets in Africa) — Pressure continues to mount on Prime Minister Boris Johnson to fire his chief aide, Dominic Cummings, with polls showing voters think he broke lockdown rules and members of Parliament calling for him to go. Johnson will face an hour and a half of sustained questioning from the senior members of Parliament who make up the so-called Liaison Committee on Wednesday from 4 p.m. London time. The subject is his handling of…

LONDON (Capital Markets in Africa) — England’s house-hunters have raced back after the property industry was released from lockdown. But few of them want to live in London. In what’s likely to be a short-lived rebound, interest in buying homes over the past two weeks has surged 20% compared with the start of March, according to a report from property portal Zoopla Ltd. released Wednesday. For homes in the capital, however, demand was still 14% below the…

NEW YORK (Capital Markets in Africa) — The U.S. is considering a range of sanctions to punish China for its crackdown on Hong Kong, people familiar with the matter said, as the Trump administration weighs whether to declare the former colony has lost its autonomy from Beijing. The Treasury Department could impose controls on transactions and freeze assets of Chinese officials and businesses for implementing a new national security law that would curtail the rights…