Central banks to take centre stage in busy week for markets January 28, 2024 Central banks will be back in focus this week with investors awaiting rate decisions from both the US Federal Reserve and the Bank of England.
Moving markets today: What’s shaping the FTSE 100 this morning January 26, 2024 Asian markets trade mixed, Tesla shares plummeted by 12%, and Intel dropped 10.90%. Investors are eyeing today's release of US PCE data and anticipating 'FAAMG' earnings next week.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
US economy smashes expectations again growing 3.3 per cent in final quarter of 2023 January 25, 2024 Although the figures for the final quarter of 2023 were significantly slower than the 5.2 per cent rate of growth seen in the third quarter, the US economy is still showing impressive resilience given the Federal Reserve's interest rate hikes.
ECB holds interest rates at 22-year high as Lagarde warns rate cut talk ‘premature’ January 25, 2024 Although markets expected rates to be left on hold, investors were looking out for any signs that interest rates will be lowered.
FTSE 100 today: London markets likely to mirror Wall Street’s rise in global tech rally January 25, 2024 Global markets rally on tech strength, while Tesla is down 6%, and oil prices rise. Focus shifts to pivotal indicators like U.S. Q4 GDP, PCE inflation, ECB policy, and Intel earnings.
UK economy off to ‘promising start’ in 2024 but firms reveal impact of Red Sea crisis January 24, 2024 The survey measures business activity in the private sector. Anything above 50 indicates business activity is expanding.
City of London top financial centre in the world? Not without a listings revival January 24, 2024 The City of London, number one financial centre in the world. One can imagine that a Square Mile which has spent the past year worrying about US take-private raids, an almost total collapse in significant IPOs, and an ever-increasing tax burden would take that badge of honour with a pinch of salt. But that is [...]
Moving markets: Five things shaping the FTSE 100 today January 24, 2024 Asian stocks rise, Netflix surges 8%, stable oil prices, BOC holds rates, attention shifts to upcoming Tesla earnings.
OBR chief: Governments have been ‘gaming’ fiscal rules, meeting ‘letter not the spirit’ of financial guidelines January 23, 2024 The comments come as new figures showed the government borrowed substantially less than expected in December thanks to lower interest payments on debt.