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Markets & Economics

  • Bank’s Haskel wants ‘more evidence’ of falling inflation before cutting interest rates

    February 9, 2024

    In an interview with Reuters, Haskel said "the signs that we've seen thus far are encouraging. I don't think we've seen quite enough signs yet".

  • Liz Truss’ mini-budget helped knock £425bn off pension funds’ assets in 2022

    February 9, 2024

    "This fall in assets is primarily due to the loss in value of gilts, corporate bonds and property," the report said.

  • Moving markets today: What’s shaping the FTSE 100 this morning

    February 9, 2024

    S&P 500 inches closer to 5,000, Japanese stocks hit 34-year high, Arm shares surge 55%, Oil prices rise as Israel rejects ceasefire proposal, focus on PepsiCo earnings and Fed commentary.

  • Disney stock records best day since 2020; equity analysts raise price targets

    February 9, 2024

    Disney shares surged dramatically on Thursday, marking their most remarkable single-day rally in the past decade, propelled by an exceptional earnings report. However, despite this surge, the entertainment giant is still striving to reclaim its former stock market prominence.

  • Bank of England’s Mann warns of ’embedded’ inflation risk if demand picks up

    February 8, 2024

    "Real household incomes continue to rise as inflation falls, consumer confidence has improved, indicators of services activity have come in strong, and forward-looking measures of output and employment paint a positive picture," Mann said.

  • Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms

    February 8, 2024

    Plummeting food prices were the main drag on inflation, with prices falling 5.9 per cent year-on-year. Pork prices fell over 17 per cent.

  • Hiring this February? You’ll be more successful if you understand the priorities of today’s talent

    February 8, 2024

    Chances are, some of the most talented people in your organisation are looking for a new job right now. You might even be looking for one yourself. After all, February is renowned for being a busy month for recruiting staff as managers take advantage of new hiring budgets granted at the start of the year. [...]

  • Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low

    February 8, 2024

    Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average

  • The Guernsey stock market looking to crash LSEG’s private party 

    February 8, 2024

    Each week Charlie Conchie interviews chiefs in the world of finance and tech. This week he sits down with Cees Vermaas, the founder of Guernsey-based the International Stock Exchange.

  • Moving markets: Five things shaping the FTSE 100 today

    February 8, 2024

    Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.

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