Susannah Streeter, head of money and markets, Hargreaves Lansdown ‘’The FTSE 100 has climbed at the start of the week with consumer discretionary and real estate companies boosted by hopes…
GBP (Pound Sterling)
Market report: Positive start for the FTSE 100 on first trading day of the New Year Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 has begun…
Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown: “The FTSE 100 has opened in the red as investors come to terms with the Bank of England’s decision to hold interest…
Market report: Wheat prices jump adding to food cost worries while easyJet bookings glide higher
Market report: Wheat prices jump adding to food cost worries while easyJet bookings glide higher Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’Just as painful food inflation was…
Market update: UK inflationary tide turns faster sending sterling lower, while housebuilders, banks and retailers make gains
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The inflationary tide is turning faster than expected and although consumers and companies may still struggle amid the wave of higher…
Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown: “The Bank of England’s latest stress test has shown the UK’s main lenders will be able to stomach worsening economic conditions. This…
Bank of England raises rates to 3.5%, the ninth consecutive rise since December 2021. Inflation still seen as the bigger Grinch for the UK economy rather than recession. Financial market…
Warnings from the Federal Reserve that the inflation fight is not yet over set to hang over markets. Investors are in a cautious mood, reflected by mixed trading in Asia…
Inconclusive mid-term results leave Wall Street unsettled, with Dow Jones down 1.95%, S&P 500 down 2.08%, NASDAQ down 2.48% and Japan Nikkei down 0.98% Sam Bankman-Fried’s crypto empire is hit…
Pound fell sharply and FTSE 250 declines deepened after Bank of England’s warning of long recession
Sterling drops by 1.9% as investors assess the stark warning from the Bank of England that a recession could last two years. Policymakers voted for another 0.75% hike amid worries…
Wall Street and Asian markets looking positive Futures markets are indicating gains of up to 0.5% for UK and Europe HSBC sinks despite higher earnings Bonds recover some of their…
Market Report: Pound rises and gilt yields fall as Boris retreats from race to be UK Prime Minister
Market Report: Pound rises and gilt yields fall as Boris retreats from race to be UK Prime Minister The Boris ‘charm of enchantment’ over the Conservatives is broken for now,…
Market Report: UK CPI inflation bubbles back up to double digits but better corporate news lifts Wall Street
Inflation still running hot with UK CPI numbers coming in at 10.1% Tax cut bonfire and belt tightening should start to help cool the price spiral. Pound dips below $1.13…
Fiscal statement brought forward from 31 October to today. New Chancellor Jeremy Hunt expected to roll back on array of tax cuts Pound rises as speculation swirls about Liz Truss’…
Biden’s student debt plan flawed but the right move, CBDCs present new opportunities for handling disputes and fraud,and more
Biden’s student debt plan flawed but the right move By Julian Jacobs The student debt crisis in the US originates in a mixture of policy failure and the expansion of…
Ninety years of blaming sterling upsets on malevolence of strangers, African markets build resilience in a challenging environment, and more
Ninety years of blaming sterling upsets on malevolence of strangers By Meghnad Desai and David Marsh British Prime Minister Liz Truss and her allies say that gilt market turbulence and…
Market report: Stocks slide amid interest rate worries while pound and gilts stay under pressure
Worries about rate hikes continue to send stocks lower with Federal Reserve ready to raise again. Wall Street closes down after a volatile session and the FTSE 100 opens in…
US producer prices increase by 0.4% month on month in September – a bigger rise than expected. US central bank, the Federal Reserve expected to step on the gas of…
The Bank of England has insisted its emergency bond-buying scheme to help pension funds will end on Friday Bonds matter because their impact is magnified in pensions In defined benefit…
10 October 2022 Treasury brings forward fiscal plan to 31st of October Independent analysis from the Office for Budget Responsibility will also be published on Halloween Bank of England steps up…
Market Report: Problems pile up for Truss as oil stays elevated amid rating downgrade threat
Fitch cuts the outook on the UK’s investment grade rating to negative Chancellor Kwasi Kwarteng pulled into emergency talks with banks on high mortgage rates Oil prices stay elevated around…
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: ‘’As Prime Minister Liz Truss took to the stage to try and shore up her support among her party and the…
Wall Street has stayed buoyant, with a rally continuing on the S&P 500 and Nasdaq Composite indices. Brent crude largely holds onto big gains amid expectation OPEC+ will announce a…
Market Report – US stocks rally on the first day of Q4 S&P 500 closed 2.6% higher, with the NASDAQ up 2.3% Brent oil jumps 4% to $89 Sterling strengthens…
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown ‘‘The great Truss retreat on tax saw the pound surge briefly in value, jumping above $1.12, up by round 1 per…