FTSE 100 today: London markets braces for caution ahead of UK inflation data July 16, 2024 Asian shares dip on China's slowdown, bitcoin rise; Asian currencies weaken against strong dollar. Eyes on Bank of America's earnings.
Household demand ‘soft enough’ to cut interest rates, Bank of England’s Dhingra says July 15, 2024 Swati Dhingra, widely seen as the most dovish member of the Monetary Policy Committee (MPC), said that "demand is soft enough" to prevent any resurgence in inflation even though wage pressures remain strong.
Why Taylor Swift might shape the future of UK interest rates July 15, 2024 Taylor Swift's Eras tour may give rate-setters at the Bank of England something extra to think about as they mull when to start cutting interest rates.
ECB to dominate focus for traders in busy week of UK data July 15, 2024 "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.
FTSE 100 today: London set to open soft amid US political uncertainty July 15, 2024 Asian markets were mixed. The US dollar rose on bets of a Trump victory. China's growth slows. Focus on Netflix and major banks' earnings.
China’s Q2 GDP below expectations, fuels calls for ongoing stimulus July 15, 2024 China's economy expanded by 4.7 per cent in the second quarter of the year compared to the same period last year.
UK receives raft of upgrades after beating expectations again July 14, 2024 Figures out last week showed that the economy grew 0.4 per cent after stagnating in April. This was double the rate of growth expected by experts.
Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.
Why the Bank of England may be wary of a growing UK economic recovery July 12, 2024 Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.
FTSE 100 today: London markets set for third consecutive day of gains July 12, 2024 Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.