Review of the week: A Cloudy Outlook
Big banks are reporting strong profits so far this quarter, but how will the rest of the market fare? And is higher-than-usual inflation making people glum?
6 mins
Big banks are reporting strong profits so far this quarter, but how will the rest of the market fare? And is higher-than-usual inflation making people glum?
6 mins
This week has seen harrowing atrocities committed by the terrorist group Hamas against Israeli civilians. With so far more than 1,200 people reported to have been killed, this is the most serious cross-border attack Israel has faced in decades.
3 mins
Central bankers in the US and UK decided interest rates shouldn’t go higher in September; bond investors disagreed.
6 mins
Last week’s round of central bank meetings sent a mainly consistent message. Most held interest rates on hold and suggested rates are now at (or very near) their peaks.
6 mins
Will the big central banks making significant interest rate announcements this week follow the ECB’s lead and signal that rates have now peaked? And where might rates settle longer term?
6 mins
Like virtually everything else, the cost of energy is much higher than it used to be. Combined with higher interest rates, it should keep squeezing economic growth in the coming months.
7 mins
Hopes for a quiet summer were dashed by difficult-to-read economic data, swinging bond yields and holiday dramas.
4 mins
Rather than a slow fade, the American economy produced a surprise surge. Yet with inflation within touching distance of the 2% target, US interest rates may still peak soon.
9 mins
Interest rate hikes for the US and Europe are almost certain this week. All major central banks are getting close to calling time on rate increases, but the UK is likely to be the last to do so.
9 mins
Inflation is falling nicely in the US, will British CPI follow suit this week? Meanwhile, China battles deflation as its economy stutters.
6 mins
Normally staid bond markets seem highly strung lately, but there are reasons to hope for some loosening up.
5 mins
Economic data has been confusing for a while. Thankfully, there’s a central bank hiatus just big enough to slip Wimbledon into.
4 mins