OPEC plus Archives - Page 5 of 12

Markets buoyed by debt ceiling deal

By Craig Erlam A debt ceiling fiasco was averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs

2nd June 2023

Markets/World

Another setback for central banks

By Craig Erlam Investors may have underestimated the pace of disinflation this year if economic data this week is anything to go by, with US figures on Friday further enforcing the view

26th May 2023

Markets/World

Investors rethink rate forecasts on disappointing data

By Craig Erlam We saw very mixed trade on Thursday, with the Nasdaq making strong gains of more than 1.5%, the Dow and S&P treading water, and Europe mostly in the red.

26th May 2023

Markets/World

Some positives for BoE from UK jobs data

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

16th May 2023

Markets/World

Uninspiring UK Q1 growth

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,

12th May 2023

Markets/World

BoE more optimistic after 0.25% rate hike

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

12th May 2023

Markets/World

Investors eye US inflation report

By Craig Erlam We saw a slightly softer trading session on Tuesday as investors eye crucial inflation data on Wednesday. We’ve finally reached the point at which the Federal Reserve may be

10th May 2023

Markets/World

Investors cautious ahead of Fed, ECB

By Craig Erlam Investors appear to be treading carefully ahead of some key interest rate announcements this week, most notably the Fed on Wednesday and the ECB a day later. Eurozone inflation

2nd May 2023

Markets/World

Manufacturing woes continue, optimism in services

By Craig Erlam Another mixed day of trade in stock markets on Friday as UK consumers become increasingly less pessimistic, but spend less and global manufacturing slumps further. UK spending slips in

21st April 2023

Markets/World

Investors turn hawkish amid stubborn inflation report

By Craig Erlam Inflation remains a major concern for central banks and recent data highlights just how far there is to go, something policymakers will be hoping changes very soon. Major headache

19th April 2023

Markets/World