The national debt, like that of the U.S., reflects the money a government borrows to cover spending that exceeds its revenue. While borrowing can help drive growth and fund important programs, excessive debt can have ripple effects across various sectors. Here’s a simplified breakdown of how high national debt impacts different areas and what traders […]
Economic reports this week will provide key insights into inflation, employment, and monetary policy across China, the UK, the US, and the Eurozone. These indicators are expected to shape upcoming central bank decisions and offer a glimpse into the health of global markets. Monday: China’s Inflation China’s Consumer Price Index (CPI) is projected to rise […]
London stocks ended the week lower due to a global cyber outage on Friday, as investors assessed a decline in domestic retail sales for June. The commodity-linked stocks also fell, tracking declines in copper, gold, and other metals prices. The blue-chip FTSE 100 index dropped by 0.6%, while the mid-cap FTSE 250 decreased by 0.8%. […]
On Wednesday, the UK’s FTSE 100 fell behind global counterparts, even as takeover announcements propelled two stocks to lead the index. The blue-chip index inched up by only 1.02 points, equivalent to a mere 0.01% increase, concluding at 7,931.98. This lackluster performance occurred despite Diploma and DS Smith witnessing a nearly one-tenth surge in their […]
The UK’s FTSE 100 made slight gains on Monday, driven by increased crude prices lifting energy stocks, although investors’ wariness ahead of domestic inflation data and key central bank decisions tempered the rise. Energy shares (FTNMX601010) advanced by 0.8%, in sync with the rise in crude prices, fueled by the perception of tightening supply, consequently […]
Participants in the commodity market will closely examine the Federal Reserve’s policy guidance in the upcoming week. Investors are on edge as the Federal Open Market Committee (FOMC) and the Bank of England (BoE) prepare for their upcoming meetings. The fluctuating risk sentiments stem from the latest US economic data and China’s plans to boost […]
The British pound soared to its loftiest position against the U.S. dollar in 10 weeks on Tuesday, fueled by Bank of England (BoE) Governor Andrew Bailey’s assurance that the central bank stands firm on its interest rate policy. Addressing a parliamentary committee, Bailey affirmed that inflation is set to retrace its steps to the BoE’s […]
The recent surge seen with the pound against the US dollar may be short-lived as divergent economic challenges unfold. Over the past week, the pound experienced a sharp ascent against the US dollar, propelled by market optimism surrounding the belief that US interest rates may remain stagnant or even decrease in the first half of […]
In a move signaling confidence in the UK economy, the Bank of England (BoE) has decided to increase the Bank Rate by 0.5% to 5%, marking the highest level seen in the past decade and a half. The decision was made by a majority vote of 7-2 by the Monetary Policy Committee (MPC), with Swati […]
