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UK inflation on track to hit target in spring with rate cuts to follow
(Alliance News) - Berenberg said UK inflation is on course to hit the Bank of England's 2% target in the spring after Wednesday's consumer price inflation figures undershot expectations....
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Official UK house price read lower but rebound "on cards" this year
(Alliance News) - UK house prices declined annually at the end of last year, the official Office for National Statistics measure showed on Wednesday, but a decent 2024 could be...
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Sticky US inflation leaves May cut "in serious jeopardy"
(Alliance News) - The US inflation rate cooled but at a slower pace than expected last month, numbers on Tuesday showed, throwing interest rate cuts into the mud. ...
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UK pay growth eases but still too lofty for Bank of England's liking
(Alliance News) - The UK unemployment rate was lower than expected in the last three months of 2023, but the focus was on regular pay growth, which is "still uncomfortably...
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Goldman suggests UK Budget tax cuts should boost domestic equities
(Alliance News) - According to Goldman Sachs, any fiscal loosening in the UK Budget in March will provide support for domestically focused equities in more economically sensitive market areas....
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Oil prices head higher after Israel-Hamas ceasefire rejected
(Alliance News) - Analysts on Friday were digesting higher oil prices, as tensions in the Middle East once again grabbed headlines....
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Oxford Economics sees global economy achieving soft economic landing
(Alliance News) - Oxford Economics has nudged up its estimate for global economic growth which suggests a soft economic landing could be achieved....
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UK PMI data indicates that economy is escaping minor recession
(Alliance News) - Data on the UK services sector, which in January saw its strongest performance since May last year, has further strengthened the country's growth story....
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Novo Nordisk at "heart" of weight-loss boom but hurdles remain
(Alliance News) - Novo Nordisk AS has seen its obesity and diabetes treatments transform the 100-year-old Danish company, as it taps into "one of the hottest areas in business."...
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Eurozone avoids recession but gets dragged down by Germany
(Alliance News) - Investors have had some mixed economic data to digest on Tuesday, with the eurozone's growth being dragged down by Germany's looming recession. ...
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