Kingfisher shares hammered after B&Q owner warns on profits CEO Thierry Garnier keeping watch on the Bank of England after high interest rates hit Polish market Evening Standard · Sep 19, 2023
Germany will suffer worst from world economic slowdown, says OECD Higher interest rates and weaker trade, as well as sluggish growth in China, likely to hit big economies The Guardian - UK · Sep 19, 2023
Sharper China slowdown risks blunting Australian growth The global economy is expected to keep slowing in response to higher interest rates, forecasts by a major global organisation show. AAP · Sep 19, 2023
Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates The Independent UK · Sep 19, 2023
Inflation rate set to rise again as Bank of England decision on interest rates looms Core inflation, which excludes food and energy prices, fell to 6.2 per cent, shocking economists and likely putting an interest rate pause on the table when the Bank of England meets on Thursday Evening Standard · Sep 18, 2023
Liz Truss blames ‘groupthink’ for economic damage under her watch While former PM takes some responsibility for markets crisis after mini-budget, she says main fault lay with Bank of England The Guardian - UK · Sep 18, 2023
UK rents soar as high interest rates hit property market – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Sep 18, 2023
Aussies falling off fixed mortgage to higher rate peaks About a million Australian mortgage holders have come off low fixed interest rates to a higher variable one since they started increasing. AAP · Sep 17, 2023
Yet another Bank of England rate rise looks likely – but this may be the last Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation The Guardian - UK · Sep 17, 2023
Americans are racing to repay their federal student loans before they're even due Hint: It has a lot to do with those pesky interest rates. Fortune · Sep 15, 2023
Public confidence in Bank of England’s ability to bring inflation back under control plunges to record low The Bank’s net satisfaction rate was minus 21% Evening Standard · Sep 15, 2023
Number of firms in England and Wales going bust in August rises by a fifth Insolvency Service reports 19% rise from August 2022’s figures as firms fight high interest rates and falling sales The Guardian - UK · Sep 15, 2023
ECB raises interest rates to highest level since euro launched Central bank’s president hints this may be the peak for rates in drive to bring down stubborn inflation The Guardian - UK · Sep 14, 2023
European Central Bank hikes interest rates to record high with inflation still ‘too high for too long’ It will increase the pressure on the Bank of England to order another hike in UK rates Evening Standard · Sep 14, 2023
The Independent UK · Sep 14, 2023 Europe's central bank faces close call on interest rates as threat of recession grows The European Central Bank is deciding whether to raise interest rates again or not, and analysts are saying it's a close call
The Guardian - AU · Sep 14, 2023 Australian economy adds 65,000 jobs in August, raising prospect of further rate hikes Unemployment rate remains steady at 3.7% in a sign that the economy could avoid a hard landing as impact of 12 interest rate rises is felt by households
Barchart · Sep 13, 2023 Will the Bearish Trend in Bonds Continue? Short, medium, and long-term U.S. interest rates have steadily increased since early 2022. Inflation at the highest level in decades caused the U.S. central bank to tighten credit significantly. The U.S. long bond has been in a bearish trend since peaking in March 2020 and was sitting near the most…
Barchart · Sep 13, 2023 Will the ECB Raise Interest Rates on Thursday? The European Central Bank (ECB) began its 2-day policy meeting today and will announce its interest rate decision on Thursday. Market expectations have swung in recent weeks from nearly no chance for a 25 bp rate hike on Thursday to a better than 50-50 chance of a rate hike, highlighting...
The Guardian - US · Sep 13, 2023 US inflation in August rose to 3.7% amid sharp increase in energy prices Growth in prices still remains far below the decades-high inflation rates that were seen last summer, when rate peaked at 9.1% in June
Barchart · Sep 12, 2023 Dollar Gains Ahead of Wednesday’s U.S. CPI Report The dollar index (DXY00 ) Tuesday rose by +0.14%. Tuesday’s weakness in stocks boosted the liquidity demand for the dollar. Also, short covering in the dollar ahead of Wednesday’s U.S. August consumer price report lifted the dollar. EUR/USD (^EURUSD ) Tuesday fell by -0.18%. Strength in the dollar on Tuesday...
StockNews.com · Sep 12, 2023 Top 3 Stocks for the Value Conscious Consumer Any way you slice it, higher gas prices, higher credit card interest rates, higher mortgage rates…economic times are getting a little tougher. These value oriented grocers are here to help out the little guy who may be struggling, and their stock prices reflect their winning ways in tough times. Next…
Barchart · Sep 12, 2023 Plunge in Oracle Weighs on Tech Stocks and Overall Market What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.60%. Stock indexes this morning are moderately lower. Weakness in...
Evening Standard · Sep 12, 2023 Bank of England likely to raise interest rates again after fast wage growth, but it could be the last hike Today, City financial markets were pricing in the likelihood of a further hike at around 75%
The Guardian - UK · Sep 12, 2023 UK interest rates: will the Bank listen to business and halt the rises? Soaring pay growth puts pressure on the Bank to act again, but a slowing economy could tip into recession
The Independent UK · Sep 12, 2023 State pension to rise due to record wage growth but Jeremy Hunt warns tax cuts ‘unlikely’ The bumper wage growth will also pile pressure on the Bank of England to raise interest rates yet again later this month