UK retail sales data could shape BOE's December rate-hike debate
September retail sales are expected to dip 0.1%, with traders pricing in a near-certain November BOE rate hike and 45% odds for December.
1 h ago9 min read
Trump urges Ukraine to settle war, warns of 'very bad thing' otherwise
Trump said Ukraine must want to settle the war or face something very bad, adding that Russia wants to finish after the latest talks.
20/10/2026 20:123 min read
Donald Trump, the US president, has spoken in a way that suggests Washington is leaning on Kyiv to make concessions to bring the conflict to an end.
- He would like to see whether a deal can be reached on Ukraine.
- The US wants Zelensky to strike an agreement.
- Ukraine itself must be willing to bring this war to an end.
- If Zelensky does not, Trump thinks the outcome will be very bad.
- Following the most recent talks, Russia would like to wrap things up, he said.
- He added that the moment has come for Ukraine to end this war.
- The US has given Ukraine a great deal and received nothing back.
These remarks have an air of frustration, though that could be linked to his desire for a political win before the midterms. WTI crude oil was down 42 cents to $98.13 on the day, after dropping as low as $95.25 on hopes for an Iran deal.
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