Markets The November rally in core bonds continued yesterday, but unlike Wednesday they closed off the intraday highs. A dovish hold by the Bank of England and disappointing US Q3 unit labour costs (-0.8% Q/Q with upward revision to Q2 figure: 3.2% from 2.2%) called the shots. Equity markets rallied in lockstep with key European […]
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With the looming tariffs and trade policy changes proposed by U.S. President Donald Trump, many businesses have growing concerns regarding how these uncertainties may affect their future financial health. As the Trump administration states, Read more…
BoE Monetary Policy Committee member Megan Greene stated today that the US tariffs pose “more of a disinflationary risk than an inflationary risk” for the UK. However, she emphasized that domestic factors also remain a Read more…