The Bank of England (BoE) held its base rate of interest unchanged at 0.5% at its meeting today.
This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
As widely anticipated, Emmanuel Macron’s La Republique en Marche party has won an absolute majority in the French National Assembly after the second round of legislative elections on Sunday 18 June.
Recent data from the Institute for Supply Management (ISM) suggest that the manufacturing part of the US economy is now contracting.
The Chancellor pointed out at the beginning of this budget that a new budget could be required in the spring if a Brexit deal is not reached.
Like summers, economic expansions do not last forever. The US recovery is now the second longest on record. There is nothing to suggest it will end in the near future, so the broad prognosis for risk assets remains good. But we know that—like weather fore
1Q18 earnings update: A tailwind from taxes
Over the past week financial markets have reacted negatively to the President’s announcement of tariffs on steel and aluminum, mainly due to fears of a trade war that could reduce global trade.
Reactions following the October 2017 ECB meeting from the Global Market Insights Strategy team.