Carmakers are postponing investment decisions for UK factories until the government relaxes electric vehicle (EV) sales…
Category: Economy
Macroeconomic analysis of growth, inflation, employment, credit and monetary policy across the major economies. We follow the data releases that shape the rate path and the business cycle, and put each print in the context of the ones before it. The aim is a working picture of the macro regime an investor is allocating into.
Bank of England Holds Rates, Signals Possible Hikes Ahead
The Bank of England is expected to maintain its interest rate at 3.75% during its Monetary…
Oil Prices Dip as Strait of Hormuz Traffic Plummets
Crude oil prices fell on Thursday amid escalating tensions in the Middle East, with Brent crude…
Asian Markets Drop as Fed Holds Rates, AI Stocks Decline
Asian markets fell sharply on Wednesday, with South Korea's Kospi index dropping over 11%, marking a…
Ofgem Proposes Fees to Curb Speculative Data Centers
Britain’s energy regulator, Ofgem, announced on Wednesday a consultation on a proposed commitment fee aimed at…
Burnham faces tax hikes or spending cuts to fund pledges
Andy Burnham, the newly appointed Prime Minister of the UK, has been warned by the National…
Core Scientific Signs $14 Billion AI Deal with AMD
Core Scientific has entered a 15-year agreement with Advanced Micro Devices (AMD) for AI infrastructure, potentially…
CME Sues CFTC Over Regulation of Perpetual Futures Market
The CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) over the…
AI Investment Boom Raises Financial Stability Concerns
BRUSSELS/SINGAPORE — Concerns are growing over the sustainability of the artificial intelligence (AI) investment boom, with…
UK Millionaires Drop to Lowest Level Since 2008 Crisis
The number of millionaires in the UK fell to 442,000 in 2023, the lowest level since…