Bank of England has lost the delicate touch monetary policy needs November 8, 2023 After decades of cheap debt, the swing towards high interest rates was a wrecking ball for monetary policy, writes Charles White Thomson
Gold prices tumble as fears of market volatility ease November 7, 2023 The price of the precious metal has fallen with the US Fed sending signals that it has finished raising rates
A toast to the pubs, restaurants and cafes that keep London alive November 7, 2023 Many people harbour a secret – and not so secret – desire to run a restaurant, a pub, or a teashop. Many who make the leap find it rather more difficult than they’d expected; the margins are non-existent, the hours are often utterly miserable and thanks to the rise of anonymous reviews, social media and [...]
Pound climbs on hopes of US rate cuts – but further progress looks unlikely November 6, 2023 Sterling has recorded a strong start to November as traders grow increasingly confident that the US Federal Reserve has reached the peak of its rate hiking cycle.
Why World Travel Market is the most bonkers trade fair in London November 6, 2023 World Travel Market begins today and welcomes hundreds of countries from around the world to ExCeL London in Canning Town
Concerns over shortages keep oil prices high as Saudi Arabia and Russia stand firm on supply cuts November 6, 2023 Saudi Arabia will be responsible for additional voluntary cuts of one million barrels per day — while Russia has slashed roughly 300,000 barrels per day from its output.
Traders to focus on Powell, Bailey and Lagarde speeches this week November 5, 2023 Investors this week will hone in on speeches from some of the world's most important central bankers in what is set to be a much quieter week for markets.
Oil heads for weekly loss as Israel-Hamas war risk premium wanes November 3, 2023 Both benchmarks gained more than $2 a barrel on Thursday, but were on track to lose up to 3% on the week.
US economy: Investors encouraged as drop in Treasury yields helps curb inflation November 3, 2023 The Dow Jones Industrial Average jumped 564 points, or 1.7 per cent, and the Nasdaq composite climbed 1.8 per cent.
Fight against inflation enters new phase after Bank of England holds interest rates again November 2, 2023 The battle against inflation has clearly entered a new phase.