A stronger pound and ‘bond vigilantes’: What should markets expect ahead of an election January 10, 2024 Vivek Paul, chief investment strategist at Blackrock, warned that election season might encourage both parties to "promise looser fiscal policy".
Interest rates tug of war may leave markets, and consumers, disappointed January 9, 2024 The path of the economy in 2024 will be defined by the trajectory of interest rates. But the question is, when will they be cut?
Moving markets: Five things shaping the FTSE 100 today January 9, 2024 Asian markets surge amid weaker dollar, gold and oil prices climb, bitcoin surges, United Airlines uncovers loose bolts on multiple 737 max, eyes on U.S. inflation and JPMorgan chase/Citigroup earnings this week
CFOs are more confident – but the UK’s low productivity is a growing concern January 8, 2024 Finance chiefs at Britain's largest firms have shown increased confidence in the economy as their concern shifts away from inflation and high interest rates to geopolitical risks and the UK's low productivity.
Economy expected to return to growth in November – but risk of recession remains January 8, 2024 Experts pointed to a range of factors behind the likely rebound, including the drop in temperature after an unusually mild October.
Job hunters still set for pay hikes despite ‘looser’ job market: new data January 8, 2024 According to KPMG and REC’s UK report on jobs, the pool of labour continued to "rise sharply" in December thanks to muted hiring activity and increasing redundancies.
Moving markets today: What’s shaping the FTSE 100 this morning January 8, 2024 Moving Markets Today: Asia Stocks Trade in Tight Ranges, U.S. Congress Leaders Finalize $1.66 Trillion Budget; Alaska Airlines Cancels 170 Flights, Corporate Earnings Season Begins Investors in Asian stock markets were cautious as they await inflation data from both the U.S. and China, as well as company earnings. U.S. Congress leaders have agreed on a [...]
Bank of England must start thinking about cutting rates, says former chief economist January 7, 2024 While Haldane suggested it "might be premature" to start cutting interest rates immediately, he cautioned against any further rate increases.
US jobs grow more than expected as wages keep rising, casting doubt on rate cuts January 5, 2024 U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the Federal Reserve would start cutting interest rates in March. Nonfarm payrolls increased by 216,000 jobs last month, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday. [...]
European inflation up after months of decline casting doubt on ECB interest rate cuts January 5, 2024 Inflation plaguing Europe increased to 2.9 per cent in December, after seven straight monthly declines, figures show. The rise in price levels cast doubt on predictions for swift interest rate cuts from the European Central Bank (ECB). The figure released on Friday was up from the 2.4 per cent annual inflation recorded in November – [...]
