Bank of England’s hawks and doves have plenty to ponder after hot wage growth April 16, 2024 Its anybody's guess what the Bank of England will make of the latest labour market figures, published this morning.
Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.
FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions April 16, 2024 Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
China’s Q1 GDP exceeds expectations amid policy support, but all is not well April 16, 2024 China's economy surged by an impressive 5.3% in the first quarter, surpassing market forecasts and sparking optimism for a revival in manufacturing.
Equity markets shrug off geopolitical concerns after Iranian strikes April 15, 2024 Equity and commodity markets largely shrugged off geopolitical concerns following Iran's unprecedented drone strikes on Israel over the weekend.
FTSE 100 firms braced for battle on executive pay as proxy advisers push back April 15, 2024 FTSE 100 firms are braced for a bruising few weeks as the battle with proxy advisors over executive pay in the City continues, with both LSEG and Smith & Nephew facing possible shareholder rebellions over pay.
FTSE 100 today: London markets brace for lower start amid Middle East geopolitical turmoil April 15, 2024 Asian stocks fell amidst Middle East tensions post Iran's attack on Israel, while gold rose as a safe haven. Oil and Bitcoin saw declines. Investors are watching UK CPI, US retail sales, and earnings from Goldman Sachs, Bank of America, Blackstone, American Express, and Netflix.
Happy hour: Green shoots for fine wine with ‘normalisation of demand’ after Covid April 14, 2024 The industry benchmark, the Liv-ex Fine Wine 100, rose by 0.4 per cent in March, the first rise in 12 months.
Industrial Revolution: ‘History of Britain needs rewriting’ following new research April 14, 2024 The industrial revolution. Think railways, factories and mills, the rapid intrusion of 'dark Satanic mills' on England's previously 'green and pleasant lands'.
Bank of England commits to ‘once in a generation’ reform after Bernanke review April 12, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.