The Bank of England is expected to keep interest rates steady at 4% in its upcoming decision, marking a pause in the series of quarterly cuts that began in August 2024. This decision is significant as it reflects the central bank's cautious approach amid economic uncertainties. The announcement will be made at noon in London, followed by a press conference with Governor Andrew Bailey, providing insights into the bank's future monetary policy direction.

ArcelorMittal is optimistic about its future, projecting a significant earnings increase of $2.1 billion in the coming years. This forecast comes as Europe takes steps to protect its steelmakers, highlighting the importance of the steel industry in the region's economy. Such growth not only benefits the company but also supports jobs and economic stability in the steel sector.

MSCI has announced the inclusion of Paytm and three other Indian stocks in its flagship global index, marking a significant milestone for India's financial market. This move is expected to attract more foreign investment into the country, boosting investor confidence and highlighting the growth potential of Indian companies on the global stage.

Taiwan's stock market closed lower today, with the Taiwan Weighted index dropping by 0.77%. This decline reflects ongoing concerns among investors about economic stability and market performance, which could impact future investment decisions and overall economic growth in the region.

The Bank of England is facing a critical decision regarding interest rates as inflation continues to impact the economy. This decision is crucial as it will influence financial markets and the overall economic landscape in the UK. Investors and analysts are closely watching the BoE's moves, as they could signal the central bank's approach to managing inflation and economic growth.

Hedge funds are increasingly betting against Xiaomi Corp., reflecting growing caution as the company approaches its earnings report. This trend, highlighted by Goldman Sachs, indicates a lack of confidence in Xiaomi's upcoming performance, which could have significant implications for investors and the tech market as a whole.

First Guaranty Bancshares Inc reported earnings that fell short of expectations by $2.92, although their revenue exceeded estimates. This mixed financial performance highlights the challenges the bank faces in a competitive market, while the revenue growth suggests potential for future improvement. Investors will be keen to see how the company addresses these earnings shortfalls moving forward.

Asia's stock markets are showing signs of recovery following a recent selloff driven by the technology sector. Investors are optimistic as they look towards Australia's upcoming trade data, which could provide insights into the economic landscape. This rebound is significant as it reflects resilience in the market and could influence global trading patterns.