Expect the British pound to fall even further and more radically this week should frontrunner Liz Truss be named Prime Minister, warned the CEO of leading independent financial advisory and fintech deVere.
Investors need to prepare for the coming UK recession, the CEO of one of a leading independent advisory and fintech has warned, as UK inflation hit 10.1%, a new 40-year high. “UK
Suggestions by Liz Truss that the Bank of England’s independence is under threat, will spook markets, warns the CEO of a leading financial advisory and fintech. The warning from Nigel Green, chief
The Bank of England’s expected interest rate rise has been slammed as “harmful” and a “misery rate rise” by the CEO of one of the world’s largest independent financial advisory, asset management
By Craig Erlam It’s been a week of consolidation in stock markets after last week’s rout, with Europe looking to it with minor gains. It hasn’t been the blockbuster week as the
By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to
By Jeffrey Halley A massive risk aversion wave swept markets overnight, with the Bank of England raising rates by 0.25% to 1.0% in a split decision (three members wanted 0.50%), in line
By Hussein Sayed, Chief Market Strategist at Exinity After a positive start to the week, US equity futures took a hit as bond yields rose across the curve, indicating that the recovery
By Craig Erlam It’s been a flat start to the week in equity markets, with Europe posting marginal losses or gains. There’s been so much to absorb in recent weeks and while
By Roland Jackson The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level to combat runaway inflation that risks soaring far higher as the Ukraine conflict fuels energy costs.
