Breaking Data

Latest stock market data plus index, currencies, and commodities performance

BoE surprises with an interest rate cut

The BoE showed an increased willingness to tolerate data misses and vote to cut interest rates today. But going forward, the pace of monetary loosening to come looks set to be slow and gradual.

1 Aug 2024, 13:06

US June retail sales numbers show consumer spending continuing to weaken

Today's report shows consumer spending continuing to slowly soften, presenting no obstacle to hold the Fed back from cutting interest rates.

16 Jul 2024, 15:19

Stronger US PPI numbers still allow the Fed to cut interest rates in September

Today's PPI numbers appear at first glance to rule out any suggestion of a first interest rate cut being delivered in September. But as with all such reports, the devil is in the detail.

12 Jul 2024, 15:20

US CPI report gives the Fed the green light to start cutting interest rates

Today's report showed disinflationary pressures to be widespread across the US economy. Reasons for the Fed to delay cutting rates are becoming few and far between.

11 Jul 2024, 15:05

US PCE numbers suggest underlying inflation is still heading lower

But while providing assurance to the Fed that inflationary pressures remain on a downwards path, further evidence of this will be needed before the FOMC will commit to cutting interest rates.

31 May 2024, 15:17

UK CPI figures for April disappoint, despite continuing to move in the right direction

Despite both the headline and core rates moving lower, stubborn services sector pricing derails hopes of a June interest rate cut.

22 May 2024, 11:54

Softer CPI and retail sales numbers from the US put a September rate cut back in play

A sigh of relief in the markets as the CPI numbers came in on the soft side, although the weak retail sales numbers will be of concern.

15 May 2024, 14:56

Understanding UK consumer reluctance amid economic shifts

Despite rising disposable incomes, UK consumers remain reluctant spenders, possibly in anticipation of an expected higher tax burden to come.

7 May 2024, 09:41

FOMC message is that rate cuts remain on the table, but with less certainty on when they will ultimately be delivered

In the meantime, market 'buy-in' to the Fed's message is showing signs of weakening

2 May 2024, 11:21

UK public borrowing soars: fiscal year ends higher than forecast

UK government borrowing overshot forecasts for the 2023/24 fiscal year

23 Apr 2024, 10:57