Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin,  Barclays, DG Innovate,
Share Talk Expected Market Updates For The Week Ahead, 24 – 28th April 2023
This week is filled with busy results announcements for London-listed companies, with big names like Barclays and NatWest, AstraZeneca and GSK, Unilever and Reckitt Benckiser, as well as US tech
Bank of England expected to raise rates in May
According to the money markets, the likelihood of the BoE increasing the Bank Rate to 4.5% in May has risen from 82% to 97%. The markets also suggest that there
With the prevalence of social media, banks face an increased risk of rapid collapses
Andrew Bailey, the Governor of the Bank of England, has cautioned that new technology has increased the likelihood of banks collapsing more quickly than in the past.
According to a warning from Barclays, concerns about the banking industry have driven a stock market exodus valued at £1.2 trillion.
Barclays claims that the recent banking crisis in the US and Europe has caused investors to become more risk-averse.
The US Treasury Secretary to hold emergency meeting with US financial regulators
Today, in the midst of the recent banking turmoil, the US Treasury Secretary, Janet Yellen, will chair an impromptu meeting with the leaders of America’s financial regulatory bodies.
If companies increase prices, Andrew Bailey cautions that interest rates will once more increase.
The Governor of the Bank of England cautioned that businesses could worsen inflation by persisting with price hikes.
The Bank of England has increased its interest rates for the eleventh consecutive time.
As predicted, the Bank of England has raised its interest rates to 4.25pc, with a 25 basis point increase. The hike was approved by a majority of 7-2 in the
Markets are confident the Bank of England will increase interest rates tomorrow
The Bank of England’s decision to raise interest rates this week seems certain as markets react to the unexpected surge in inflation last month.
In February, UK inflation has surged to 10.4%, surprising many who held different expectations.
In February, UK inflation exceeded expectations by rising to 10.4% from 10.1% in January, defying predictions of a decrease to 9.9%.
The US Treasury Secretary attributes the current turmoil to contagious bank runs.
According to the US Treasury Secretary, Janet Yellen, the recent turmoil in the world’s financial system can be attributed to “contagious bank runs”.