FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.
Week ahead: Fed to hold rates – but is a September cut on the cards? June 9, 2024 Any shift to a single cut, as suggested by Atlanta Fed President Raphael Bostic in April, could boost the dollar sharply.
UK households in line for extra £800 annual bill due to planned tax rises June 8, 2024 The biggest single tax rise is the continuation of the frozen thresholds on income tax and National Insurance.
Planners strive to protect the UK’s beautiful quarries by blocking film studio June 7, 2024 The government has rejected a major media investment in the latest sign that nimbyism is triumphing over economic development in London.
Taylor Swift’s Eras Tour kicks off today. How much is it really worth to the UK economy? June 7, 2024 As Taylor Swift starts the UK arm of her Eras tour, we look at how much will it help British business, and where will that benefit be felt.
US economy smashes forecasts again with blockbuster jobs report June 7, 2024 The figures will be closely scrutinised by policymakers at the US Federal Reserve ahead of its latest interest rate decision next week.
Bank of England to take heart from positive surveys as markets wait on interest rate cuts June 7, 2024 Although there were no major releases, two surveys showed encouraging signs that inflationary pressures were easing, welcome news after April's inflation data came in hotter than expected.
FTSE 100 today: London markets set to open green; US jobs data key for direction June 7, 2024 Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls report.
Economic growth to pick up but deep structural issues remain, CBI says June 7, 2024 New forecasts from the Confederation of British Industry (CBI) shows that GDP is expected to grow one per cent in 2024 before rising to 1.9 per cent next year.
ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation June 6, 2024 A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.
