Breaking Data
Latest stock market data plus index, currencies, and commodities performance
UK public sector borrowing starts the new fiscal year on a slightly brighter note
Borrowing in the new fiscal year is so far running lower than forecast. But unrealistic spending plans going forward mean the next government faces a fiscal 'pandora's box' of tax rises and/or borrowing more if already creaking public services are not to be cut back further.
21 Jun 2024, 14:11
US inflationary pressures continue to weaken in May
Today's CPI numbers will encourage the markets to believe that inflationary pressures are once again on a weakening path. But the Fed is still likely to signal this evening that more such data will be needed before it will counter cutting interest rates.
12 Jun 2024, 14:10
US employment report once again surprises on the topside
Today's US employment report once again painted a picture of enduring strength. But signs of weakness are growing, leaving open the prospect for one or more interest rate cuts to still be delivered this year.
7 Jun 2024, 15:18
PCE numbers confirm easing inflation, but the Fed remains cautious on rate cuts
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 April CPI: Stubborn services inflation delays BoE rate cuts
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
Ethereum price skyrockets amid spot ETF approval speculation
Ethereum's price surged to a two-month high of $3,700 as analysts significantly increased the likelihood of U.S. approval for spot Ethereum ETFs amidst potential political pressure on the SEC.
21 May 2024, 13:54
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
Bank of England continues to lean towards a more dovish stance
Despite today's decision to keep interest rates on hold, numerous signals were presented to suggest monetary easing may not be far away.
9 May 2024, 13:46
UK consumers still reluctant to spend despite improving economic background
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