Following a week where concern over the future of Rachel Reeves’ job led to bond yields shooting up and Donald Trump signed his Big Beautiful Bill, this week brings with it the latest Halifax housing data - but not the end of the US president’s 90-day tariff pause. That’s due to the announcement of another delay, this time to 1 August, with only the UK, China and Vietnam having agreed deals so far.
Higher volatility can still be expected in stock markets, currency markets and potentially bond markets too as investors grapple with the possible outcomes and nations now continue try to seal trade agreements with the biggest economy on the planet.
