UK could be ‘best performing economy’ so far in 2024 after week of data August 16, 2024 It's been a busy week for the Office for National Statistics (ONS), publishing a raft of statistics on the UK economy for traders and Bank of England ratesetters to digest.
US inflation dips to three-year low August 14, 2024 US inflation reached its lowest since March 2021 in July, coming in at just 2.9 per cent and further strengthening the case for an interest rate cut from the Federal Reserve. Analysts had expected US inflation in July to come in at three per cent, unchanged from where it had fallen to in June. While [...]
Global financial markets settle into ‘yo-yo pattern’ after Monday’s meltdown August 8, 2024 Financial markets remain jittery after a massive sell-off on Monday as analysts identify a "yo-yo pattern" of volatility across the world.
The Tories can come back stronger, but only if they stop chasing Reform August 7, 2024 Reform’s surge was a consequence of Tory failure, not its cause, writes William Atkinson
FTSE 100: London markets edge higher after Monday’s massive sell-off August 6, 2024 Both indexes recorded big falls yesterday, dropping around 2.0 per cent and 2.8 per cent respectively.
‘A turbocharged turnaround’: Asian stocks rebound after Monday’s global market rout August 6, 2024 "it's a turbocharged turnaround Tuesday in Asia," Deutsche Bank's Jim Reid said.
US recession fears ease but markets remain firmly in the red August 5, 2024 US stocks cratered on Monday as the prospect of a recession in the world's largest economy spooked investors across the globe and tech giants were hit by a mass sell-off.
US unemployment miss: ‘Has the Fed made a policy mistake?’ August 2, 2024 US unemployment figures missed expectations today, jumping to 4.3 per cent, leaving analysts asking if the Federal Reserve had made a mistake not to cut interest rates on Wednesday.
Global markets spiral as US recession fears solidify August 2, 2024 Markets have begun to fear the worst about a slowdown, or even recession, in the US, sending stocks tumbling across the world.
Bank of England cuts interest rates for first time since March 2020 August 1, 2024 The Bank of England's interest rate decision was eagerly anticipated by investors.