By Craig Erlam It would appear we’re heading into the weekend on a slightly more upbeat note, with stock markets posting decent gains, optimism rising over debt ceiling negotiations, and UK consumers
By Jameel Ahmad, Chief Analyst at CompareBroker.io Market sentiment is in line to conclude weekly trading more upbeat and with the hope that an agreement to raise the US debt ceiling will
Switzerland has the highest crypto adoption rate of all European countries, reaching 21% in 2023, according to data presented by BitcoinCasinos.com. Although crypto adoption remains mostly a non-western trend, many European countries
By Craig Erlam Stock markets are treading water on Tuesday, with the jobs number from the UK not inspiring and Chinese data also highlighting weakness in the recovery. UK jobs data was
By Lukman Otunuga, Senior Research Analyst at FXTM Most Asian equities were mixed on Tuesday as investors digested weaker-than-expected Chinese economic data. Industrial production and retail sales data from the world’s second-largest
Portfolio investors and fund managers have dumped petroleum futures and options, reversing the buying frenzy inspired by the production cuts announced by Saudi Arabia and its OPEC-plus allies at the start of
By Moody’s Analytics The details to April’s U.S. consumer price index were more favourable than the topline figure would suggest at first glance. Excluding food and energy, the CPI was up 0.4%
By Craig Erlam A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,
By Craig Erlam The Bank of England hiked interest rates by another 25 basis points on Thursday, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The
By Jameel Ahmad, Chief Analyst at CompareBroker.io There were no surprises that the Bank of England increased interest rates once again on Thursday. It was widely expected, and they were raised 25
