Vanguard CEO McNabb warns of impending market correction

Vanguard CEO McNabb warns of impending market correction

Vanguard CEO Bill McNabb has warned of a stockmarket correction Vanguard chairman and CEO Bill McNabb has warned markets could see a “decent-sized correction” following recent record highs. In an interview with the BBC’s Radio 4 programme, McNabb said he...
read more
'Wolves are at the door' for Carney to hike rates as inflation hits 3%

'Wolves are at the door' for Carney to hike rates as inflation hits 3%

The UK rate of inflation rose to a five-year high of 3% in September, up from 2.9% the previous month, according to the Office for National Statistics (ONS). The ONS reported this morning the annual rate of UK inflation as...
read more
BoE faces further pressure to hike rates after ONS error

BoE faces further pressure to hike rates after ONS error

The Bank of England may come under further pressure to raise interest rates after revised data revealed labour costs are rising quicker than previously thought. The Office for National Statistics (ONS) has admitted it made a mistake in calculating the...
read more
Cazenove's Jeffrey: How to see through today's statistical miasma

Cazenove's Jeffrey: How to see through today's statistical miasma

Richard Jeffrey of Cazenove Capital Richard Jeffrey, chief economist at Cazenove Capital, on why unreliable data may be undermining the UK’s long-term growth potential. To have a positive view of life, you need to preserve a high degree of trust...
read more
Poll: FTSE 100 to remain at current levels for rest of year

Poll: FTSE 100 to remain at current levels for rest of year

The FTSE 100 will stay at the same level for the remainder of the year as a combination of Brexit uncertainties, high valuations and a softening in earnings revisions were cited as key reasons to be cautious on the UK...
read more
Euro falls after violence erupts in Spain over Catalan independence vote

Euro falls after violence erupts in Spain over Catalan independence vote

Violence over Catalan independence referendum The euro has fallen in overnight trading on the news of violence in Spain as Spanish police tried to stop Catalan attempts to conduct a referendum on the independence of the region. However, despite hundreds...
read more
Carney hints at November rate rise

Carney hints at November rate rise

Mark Carney, governor of the Bank of England Bank of England governor Mark Carney has refused to rule out a rate rise before the end of 2017 indicating a hike could happen in the “near term”. Rates are currently 0.25%,...
read more
US markets could face pressure from 'Fed storm' factor

US markets could face pressure from 'Fed storm' factor

Wolfe Research looks at the impact of central bank rhetoric on the US equity market Analysts from Wolfe Research have said the US stockmarket is currently being affected by a “Fed storm” factor and could face near-term volatility due to...
read more
Moody's downgrades UK credit rating on Brexit uncertainty

Moody's downgrades UK credit rating on Brexit uncertainty

Moody’s downgrades UK on Brexit uncertainty The UK’s credit rating has been cut by Moody’s from Aa1 to Aa2, on concerns about the country’s weakening public finances and the impact of leaving the European Union on economic growth. Moody...
read more
S&P cuts Hong Kong credit rating after downgrading China for first time since 1999

S&P cuts Hong Kong credit rating after downgrading China for first time since 1999

S&P downgrades China’s sovereign debt S&P Global Ratings has downgraded Hong Kong credit a day after lowering the sovereign credit rating for China for the first time since 1999 on concerns over soaring debt levels, while revising its outlook for...
read more
1 2 3 31