UK families had £194 of discretionary spending in May, £4 less than the same month a year before, as inflation hit consumers' wallets.
The figures from Asda show that those on the lowest incomes.. City A.M.
Dave Lutz, head of ETFs at JonesTrading, has an overview of markets this Thursday:
· US Banks jumped after they all beat the Fed's second stress test and shared the wealth with their.. Business Insider
Jun.29 -- Alan Ruskin, global head of FX strategy at Deutsche Bank, and Alessio De Longis, portfolio manager at OppenheimerFunds, discuss market reaction to comments from European Central Bank.. Source: Bloomberg Global Business -
Jun.29 -- Peter Hooper, chief economist at Deutsche Bank Securities Inc., discusses the influence of inflation on the Federal Reserve's rate path. He speaks on "Bloomberg Surveillance." Source: Bloomberg Global Business -
Check Keiser Report website for more: http://www.maxkeiser.com/
In this episode of the Keiser Report from Mexico City Max and Stacy discuss ‘green gold’, grasshoppers and inflation in Mexico. In.. Source: RT News Channel -
Jun.28 -- Nader Naeimi, head of dynamic markets at AMP Capital, discusses the hawkish commentary coming out of central banks and inflation expectations. He speaks on "Bloomberg Markets: Asia." Source: Bloomberg Global Business -
DIY retailer Bunnings is opening another 16 UK stores before the end of the year, creating around 1,000 new jobs.
The retailer, which is Australia's largest hardware chain, has already opened four.. City A.M.
Via Global Macro Monitor,
This is one of our favorite posts of all-time.
Thought it apropos to re-post given that everyone and their mother is trying to call the top in stocks. It’s all about.. Zero Hedge
Markets continue to defy gravity thanks to nearly a decade of unprecedented central bank stimulus, but economic recovery and record low unemployment across the developed world have failed to ignite.. DNA
Sterling reached its highest point against the US dollar in more than a month today as it built further on gains yesterday in response to Bank of England governor Mark Carney.
The pound rose to.. City A.M.
The car industry understandably attracts a lot of attention in the financial press. Although the sector is small compared to giant sectors like financials and technology, cars are culturally relevant.. City A.M.
Tighter monetary policy will be needed if businesses look through Brexit uncertainties and increase investments, according to the Bank of England’s governor, Mark Carney.
At a speech delivered to.. City A.M.
The cost of household bills has increased twice as fast as salaries over the past decade, according to new study by Santander.
The research found that basic household bills, including council.. City A.M.
The Bank of England still has time before it raises interest rates despite an increasingly difficult trade-off between rising inflation and weak wage growth, according to one of the remaining doves on.. City A.M.
Pre-tax profits at rail and bus operator Stagecoach slumped more than 80 per cent in the year to 29 April, sending shares dipping nearly six per cent in early trading.
*Read more*: Go-Ahead's Govia.. City A.M.