Market Updates.

After weeks filled with key economic indicators, markets are enjoying a relatively quiet spell.

As the U.S. election nears its conclusion, it’s looking increasingly likely that America could see a return of Donald Trump to presidency.

The phrase on investors’ lips this week is of course the Autumn Budget that is due to be delivered by Chancellor Rachel Reeves today at 12:30pm.

Stocks have exhibited mixed performance thus far this week. Chinese stocks have been on quite the rollercoaster.

On Monday, data for the Eurozone was released showing that the region’s economic activity has slowed.

The UK’s headline annual Consumer Price Index (CPI) remained unchanged in August, holding steady at 2.2%, with the rise in air fares offset by lower fuel prices.

Markets appeared to be more upbeat this week rebounding after a poor performance last week, as investors looked towards key inflation data and the European central bank interest rate decision.

This week has been relatively quiet on the economic data front, with U.S. markets in particular observing a shorter trading week due to Monday’s Labor Day holiday.

On Wednesday, tech giant Nvidia reported better than expected earnings.

Eurozone inflation rose to 2.6% in July, a modest increase from 2.5% in June. Core inflation, which strips out volatile food and energy prices, remained steady at 2.9%.