Europe

Bank of England Bets on Smooth Brexit

The Bank of England forecast steady if unspectacular growth for the U.K. in the years ahead--provided the country's exit from the European Union goes smoothly.

Wall Street Flat; Fear Barometer Falls to 1993 Low

The S&P 500 ended flat on Monday after briefly touching a record high, while Wall Street's "fear gauge" dropped to its lowest in over two decades following centrist Emmanuel Macron's victory in the French presidential election.

Euro Reverses Post-French Election Gains

The euro retreated on Monday from highs hit on centrist Emmanuel Macron's victory in France's presidential election, with investors taking profit on a roughly 3 percent gain for the currency since he won the first round two weeks ago.