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.
Election 2024: FTSE 100 in the red but midcap index maintains gains after Labour landslide July 5, 2024 Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am.
Election 2024: What will a Labour government mean for inflation, interest rates and mortgages July 5, 2024 Inflation has fallen fairly rapidly over the last few months, hitting two per cent in June. As a result markets expect the Bank of England to start cutting interest rates in the next couple of months, either in August or September.
Independence Day whiskey: The best Rye and Bourbon July 4, 2024 Take this Independence Day to celebrate the rise of craft distilleries across the US, which are changing the profile of American whiskey
August interest rate cut on a knife edge after ‘nuanced’ Bank of England survey July 4, 2024 "All told the DMP gave a nuanced signal this month," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
Starmer’s big challenge? Prioritising growth over popularity July 4, 2024 Starmer may lose a few points in the polls and his constituency MPs may squeal about it. However, it’s time to get on with it.
FTSE 100 today: London markets to remain volatile amid election jitters July 4, 2024 Asian markets reached 27-month highs, oil prices fell, and the US dollar held steady, with global focus now on the UK election.
ABP: Port operator slips back into the red as economic uncertainty dents finances July 3, 2024 Associated British Ports (ABP) slumped back into the red after "ongoing uncertainty" in the global economy took a toll on its finances.
UK economy ‘not as bad as is often assumed’ July 3, 2024 Although the UK slipped into a shallow recession at the end of last year, the economy outperformed expectations in the first quarter of the year, growing 0.7 per cent. This made it the fastest growing economy in the G7.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate