Market Update – 14th February 2024. - 14th February 2024
Key Consumer Price Index (CPI) data was released from the US and the UK this week as it was revealed they were at the forefront of the markets.
Key Consumer Price Index (CPI) data was released from the US and the UK this week as it was revealed they were at the forefront of the markets.
In the absence of significant economic data this week investors deliberated on Fed Chair Jay Powell’s recent comments over the weekend.
Significant news came out of the Eurozone this week in the form of GDP growth figures.
Following Japan’s core CPI coming in for December at 2.3% – in line with market expectations and above their 2% target – the Bank of Japan revealed on Tuesday that it would be leaving interest rates unchanged for the time being.
Suggesting a relative softening in the UK labour market over the recent period, both wage growth and vacancies were reported to have fallen in the latter part of 2023.
This week has seen some important data come out of the Eurozone that will give the European Central Bank (ECB) food for thought.
Markets cooled slightly at the start of the short trading week following a strong end to 2023, with a raft of PMI data from major global regions then giving investors food for thought as they push on into the new trading year.
The markets are experiencing a period of calm this week, following a month of strong performance in November. Upon initial inspection, reports of US factory orders […]
The week opened quietly as investors await major economic data due from both the eurozone and the US this Thursday.
Today Chancellor Jeremy Hunt unveiled the government’s tax and spending plans in the House of Commons. The Chancellor delivered the Autumn Statement detailing tax cuts, pension reforms and promised 110 measures to encourage growth within the private sector.