Well, we’ve already seen the ECB cut rates last week by twenty five basis points, and this week the Bank of England were given some important data to digest ahead of their next interest rate decision meeting on the 20th of June.
This week markets have digested plenty of election news.
This week, the International Monetary Fund (IMF) upped China’s growth forecast for this year to 5% from a previous estimate of 4.6%.
Reports this morning showed that the latest UK headline inflation rate saw prices rising by 2.3% on year in April, in comparison to March’s 3.2% climb.
On Monday, while UK markets remained closed in observance of the Early May bank holiday, European and US markets operated as usual. Chinese stocks demonstrated robust […]
Following on from promising GDP growth in Q1 that exceeded forecasts, reports on Tuesday revealed that China’s manufacturing sector has expanded for the second month in a row at an impressive pace that marks its fastest increase in 14 months.
Markets rallied this week as a busy week of earnings reports got underway and investors look to a full week of key economic data.
It has been a choppy week for markets as investors have considered some pieces of key economic data and have kept an eye on tensions within the Middle East.
The consumer confidence index for Japan came in hot on Tuesday at highs not seen since May 2019.
This week has seen a relatively calm demeanour following the recent flurry of central bank interest rate decisions.