US jobs report ‘all over the place’ as unemployment ticks up March 8, 2024 The US economy presented a muddled picture in February, as the economy added 275,000 jobs, above expectations of 200,000, while the country’s unemployment rate increased by 0.2 percentage points to 3.9 per cent. Wage inflation came in at 4.3 per cent on a yearly basis, below market expectations and January’s figure of 4.4 per cent. [...]
Moving markets: Five things shaping the FTSE 100 today March 8, 2024 Asia follows Wall Street's upward trend, with gold eyeing its best week in five months and oil prices climbing. Investors eagerly await the U.S. non-farm payrolls report, which is set to influence market sentiment and decisions ahead.
Lloyd’s of London’s underwriting profit nearly doubled in 2023 following ‘outstanding’ year March 7, 2024 The market’s combined ratio - a measure of insurance profitability - improved by 7.9 percentage points to 84 per cent from 91.9 per cent in 2022.
FTSE 100: What’s moving markets today? March 7, 2024 Asian markets echoed Wall Street's gains, with Bitcoin topping $69,000. Fed Chair Jerome Powell's reaffirmed rate cut stance grabbed attention, while eyes now turn to the ECB's policy decisions.
Moving markets: Five things shaping the FTSE 100 today March 6, 2024 Asian markets falter with China stocks leading the decline, while bitcoin retreats from record highs. Apple's iPhone sales in China drop sharply. Attention shifts to the UK's Spring budget and Fed Chair Powell's testimony.
FTSE 100 today: London markets braces for cautious opening as U.S. and Asian markets slip March 5, 2024 Hong Kong and Chinese stocks fell as China set a 5% growth target. Meanwhile, Bitcoin surged past $68,000. Investors now await Fed Chair Jerome Powell's testimony for market insights.
Politics to set the tone for markets as election campaigns step up March 3, 2024 Politics will compete with economic data for investors' focus this week, with events in the US and the Spring Budget likely to attract a lot of attention alongside the latest figures on the US labour market.
US markets on best run since 1971 – but how does the FTSE 100 stack up? March 2, 2024 The S&P 500's remarkable run mainly stems from bets that the Fed will start cutting interest rates in 2024.
Moving markets: Five things shaping the FTSE 100 today March 1, 2024 Both the Nasdaq Composite and S&P 500 reached record highs, while the Nikkei also hit a new peak. However, China's manufacturing activity slowed for the fifth straight month. Oil prices surged amid Gaza deaths, complicating ceasefire talks. All eyes are on global factory PMI data.
Fed’s preferred measure of inflation picks up slightly as signs of persistence remain February 29, 2024 On an annual basis, core PCE came in at 2.8 per cent, down from 2.9 per cent the month before.