The British pound surged against the dollar to its highest level since January 2022 (£1 = $1.328) amid speculation over the U.S. Federal Reserve’s leadership. A Wall Street Journal report …
Category:
Market Commentary
This week’s market roundup focuses on the wider macroeconomic picture, both in the US and the UK. GDP shrank in April in a blow to the UK’s Chancellor of the …
Despite the volatility experienced in equity markets earlier this year, global stocks have had their best month since 2023. Easing inflation and renewed trade tensions helped to boost stocks for …
The week got off to a roaring start, following two days of talks in Switzerland where the U.S. and China agreed to a 90-day, reciprocal tariff rollback. Beijing cut duties …
The UK announced on Thursday that it had closed the first deal with the US since Trump’s trade war began. The deal included the tariffs on British steel imported to …