FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation April 11, 2024 Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.
China’s consumer inflation dips below expectations in March, calls grow for policy stimulus April 11, 2024 China's consumer prices rose slightly in March compared to the previous year but didn't meet economists' expectations, revealing ongoing challenges in stimulating domestic demand for the world's No. 2 economy.
The gold price has jumped to a new all-time high, but is it too late to join the party? April 10, 2024 Gold has been going great guns, with prices up some 30 per cent in the last six months.
Fitch downgrades China’s outlook to negative, finance ministry voices regret April 10, 2024 A US-based rating agency, Fitch, downgraded its long-term perspective on China to negative, in the late hours of Tuesday, while maintaining the country's A+ credit rating.
Britain needs assertive foreign policy – not apologias for the past April 10, 2024 A new report urging foreign policy reform seems more interested in hand-wringing about colonialism than facing up to the reality of great power competition, says Ollie Ryan Tucker Every diagnosis of foreign policy today starts with the acknowledgement that great power competition is back on the agenda. We live in ‘unprecedented times’, in a ‘dangerous [...]
Services trade sees UK become world’s fourth largest exporter April 9, 2024 The UK has become the world’s fourth largest exporter thanks to a boost in services, fresh trade figures have shown.
US and China plan talks on economic growth April 6, 2024 The two sides will hold “intensive exchanges” on more balanced economic growth, according to a US statement.The two sides will hold “intensive exchanges” on more balanced economic growth, according to a US statement
UK must act against Chinese bioscience threat, Sir Iain Duncan Smith says April 6, 2024 Sir Iain Duncan Smith urged the Government to follow moves by the US and act against Chinese bioscience companies, as he drew comparisons with action against telecoms firm Huawei.
Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly
UK post-Brexit trade in ‘clear shift’ as India ties show ‘little growth’ and China declines April 4, 2024 "The recent trend of friend-shoring, decoupling and de-risking supply chain channels has reduced the opportunities for the UK to expand its trade reach," Stephen Hunsaker, author of the UKICE Trade Tracker said.