February 1, 2023
The property market’s slowdown continued into 2023 as house prices fell for the fifth month in a row, according to Nationwide’s latest house price index. House price growth slowed to 1.1% in January from 2.8% in December. Prices fell 0.6% […]
January 25, 2023
JD Wetherspoon’s chairman, Tim Martin, has long-complained about supermarkets’ treatment when it comes to the payment of Value Added Tax (VAT), saying it gives them an unfair advantage – particularly at a time when the hospitality sector is struggling to […]
January 18, 2023
A second consecutive monthly fall from October’s high of 11.1% suggests price rises may have peaked and the descent towards less corrosive rates, perhaps below 6% by the middle of the year, has begun. Some of this will be down […]
January 30, 2023
DailyFXGold prices are trading over 6% higher for the month of January, driving XAU/USD into a barrier of resistance at $1,950. Throughout last week, the same psychological level that limited the upside move came into play after gold opened the […]
January 30, 2023
DailyFXThe US Dollar continues to tread water to start the week ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday. The market is anticipating a 25 basis point (bp) lift in the target rate. Friday’s PCE inflation data […]
January 30, 2023
Natalie DunnOngoing issues, such as the effects of the COVID-19 pandemic and a new conflict in Europe, have disrupted the global economy and affected most countries around the world. The US is no exception, and the American economy seems to be […]
January 27, 2023
The Wall Street JournalChevron Corp. CVX -2.42%decrease; red down pointing triangle banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices to multiyear highs, with its shares climbing 53% while other sectors tumbled. The U.S. oil […]
January 26, 2023
Sky NewsThe Society of Motor Manufacturers and Traders (SMMT) had already reported how the sale of new vehicles in 2022 was severely damaged by the lack of key components, particularly semiconductor chips. COVID-led supply chain disruption harmed the ability of UK […]
Financial Services, Industries
January 26, 2023
Investing.comSwedish banking group SEB beat fourth-quarter net profit forecasts on Thursday on higher interest income after central bank rate hikes and trading gains, prompting it to boost its proposed dividend. Surging inflation, in part due to the energy crisis stemming […]