FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
Stubborn services prices to raise concerns as inflation remains at two per cent July 17, 2024 Speaking last week, Huw Pill, the Bank's chief economist, said persistence in wage growth and services inflation points to "uncomfortable strength in those underlying inflation dynamics”.
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
US inflation comes in below expectations as eyes turn to Fed’s next rate decision July 11, 2024 Economists think the Fed is likely to start cutting interest rates in September.
Amazon faces potential investigation as Prime Day nears July 11, 2024 A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
China’s CPI inflation at three-month low in June, spurring economic stimulus talks July 10, 2024 China's consumer price inflation slowed to a three-month low in June, while producer prices remained in deflationary territory.
US inflation back in focus for markets as traders back September rate cut July 7, 2024 Prices are expected to increase just 0.1 per cent in June, which would bring the annual rate of inflation down to 3.1 per cent.
Gü sold fewer puddings after supermarkets bring in new rules on high sugar items July 2, 2024 Gü sold fewer puddings after raising its prices as UK supermarkets brought in new rules about where high fat and sugar products could be placed in stores.
Sainsbury’s shares slip as investors spooked by latest update July 2, 2024 Sainsbury's food sales have continued to grow with the supermarket gaining a boost from its one hour grocery delivery service and its Aldi price match scheme.