‘Market prices vulnerable to sharp correction,’ Bank of England warns June 27, 2024 The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.
FTSE 100 today: London markets set to extend losing streak for third consecutive day June 27, 2024 Asian stocks fell and the yen slump triggered market intervention alerts. All eyes are on US economic data and the Biden-Trump debate.
Nearly 60 Bank of England staff accept offers to relocate for work in Leeds June 26, 2024 Nearly 60 workers at the Bank of England have accepted offers to work at the central bank's expanded office in Leeds.
On the whole, the economy is on the up – but only just June 25, 2024 The UK reported surprisingly strong growth in the first quarter of this year, outpacing every other G7 economy. However, recent figures have been less positive.
FTSE 100 today: London markets set for muted open ahead of US PCE inflation June 25, 2024 Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.
Vanguard chief economist: UK economy primed for success regardless of election winner June 24, 2024 The UK is primed to surge to success into next year regardless of who wins the election, Vanguard's top economist has said.
FTSE 100 today: Blue-chip index set to break five-week losing streak June 21, 2024 Asian markets declined alongside Wall Street, while gold aimed for a second weekly gain. All eyes are on global PMI data and UK retail sales.
The big unknown that will decide the August interest rate decision June 20, 2024 An August interest rate cut depends on the data. (When does it not...) But there is another big unknown.
Bank of England holds rates but August cut still on the table June 20, 2024 The Bank of England has voted to leave interest rates on hold for a seventh consecutive meeting.
FTSE 100 today: Blue-chip index set for higher open; potential BOE dovish surprise could spark a rally June 20, 2024 Asian stocks paused after a brief rally, while gold climbed to a one-week high. All eyes are now on the Bank of England's policy decision.