FTSE 100 hits record high ahead of expected interest rate cut
Most sectors in the FTSE 100 were up, boosted by strong corporate earnings. AstraZeneca, the FTSE 100’s most valuable company, rose 4.8 per cent following better than expected results. Shares in ...
How to trade the trade war?
Global investors had time to prepare for Donald Trump’s tariffs but swift market reversals are keeping them on edge ...
Trump’s trade war adds to ‘clear decoupling’ on central bank rate cuts
The Bank of England is expected to follow Eurozone and Canadian counterparts by cutting while the Federal Reserve holds ...
Javier Milei’s quest to defuse Argentina’s currency control bomb
Argentina’s libertarian President Javier Milei is promising to lift the country’s strict capital and currency controls this year, starting the clock on a high-risk mission that is essential to his ...
Is the US jobs market still looking solid?
Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.
Donald Trump faces backlash from business as tariffs ignite inflation fears
Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on three of the US’s largest trading partners.
ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...
Market talk
The US labour market is also in focus next week with an update on hires and fires over December on Tuesday. Payroll data for January also arrives on Friday with 170,000 non-farm jobs expected to have ...
How will central banks react to Trump’s tariffs?
Trump’s tariffs apply to about 40 per cent of US imports (excluding Mexico, the share is about one-quarter). But while the scope of the new duties is broad, the US is not a very open economy: in 2024, ...
Self-styled ‘Tariff Man’ shocks Wall Street with tariffs
As a reflection of just how suddenly Wall Street analysts have had to scramble to adjust to reality, Standard Chartered’s (presumably pre-written) Sunday Macro Strategy note said that “broader tariff ...
Rice price rise pushes Japan to tap strategic reserves
Teikoku Databank, a research company that tracks historic changes in the cost of assembling a plate of Japan’s beloved curry ...
Trump should call on Opec in his bid to negotiate with Putin
Enter Donald Trump. The new US president could call on Opec. He can pledge to ratchet up oil sanctions on Russia to the point where their impact becomes more acute: these would target not only ...