Asian markets advanced after softer-than-expected US inflation data revived hopes of another interest rate cut as soon as next month.
Asian markets advanced after softer-than-expected US inflation data revived hopes of another interest rate cut as soon as next month.
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
Asian markets slipped further after a sell-off in AI-related stocks pushed US equities to their weakest session in nearly a month.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
Oil prices rebounded after Donald Trump ordered what he described as a “total and complete” blockade of all sanctioned oil tankers entering or leaving Venezuela, injecting fresh geopolitical risk into
Asian markets fell sharply as investors turned cautious ahead of key US employment data that could influence the outlook for interest rates.
Wall Street sold off sharply on Friday as renewed concerns about a potential artificial intelligence bubble rattled investors.
Asian equities moved higher following gains on Wall Street, despite renewed volatility in the technology sector triggered by another slide in Oracle’s share price.
Oracle shares have slumped more than 15% at the opening of US trading as investors delivered a sharp reaction to the company’s latest earnings.
FTSE 100 ends the week in the red. London’s blue-chip index finished lower on Friday, slipping almost 0.5%. The FTSE 100 closed at 9,667 points, dragged down by weakness across several
Brian Moynihan, chief executive of Bank of America, has cautioned Sir Keir Starmer against tightening regulation in the City, just a week after the Chancellor opted not to raise taxes