Three things we've learnt about the UK economy from the IMF
Countries around the world have had their future economic prospects assessed by influential body, the International Monetary Fund (IMF).
Economy
Hobbs and Whistles owner investigates hack that may have exposed customer data
The owner of Phase Eight, Hobbs and Whistles has said its websites and IT systems have been hit by a cyber-attack that may have compromised customers’ personal data.
US Dollar: Supported but capped by CPI risks – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong argue the US Dollar (USD) remains supported by higher Oil prices, firm US yields and resilient Federal Reserve (Fed) expectations, but not yet breaking out of its rece…
Australian Dollar : Key support at 0.6935 in focus against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD slipping as the stronger US Dollar weighs on commodity currencies. Short‑term momentum has turned lower, with scope for a test of major support …
Poundland in rescue talks as owners seek buyer
Retail chain Poundland is in talks with potential buyers as it seeks a rescue deal, it has confirmed.
Gold struggles to reclaim $4,200 as Fed interest rate hike risks persist, US CPI looms
Gold (XAU/USD) reverses earlier gains on Tuesday as US Treasury yields recover after falling earlier in the day. With the US Dollar (USD) still under pressure, the metal trades little changed during American trading hou…
Indian Rupee: RBI defense limits losses against US Dollar – Societe Generale
Societe Generale's strategists note that the INR has rallied further, with USD/INR looking to break below the 95 handle as the RBI intensifies its FX defense. The central bank extended FX curbs to GIFT City and broadene…
BA flight forced to turn back over cracked window
A British Airways flight en route to Portugal was forced to return to Gatwick Airport on Tuesday due to a minor technical issue, reported to be a cracked window.
Fewer Britons plan to ringfence money for holidays abroad next year, says travel industry
Spain remains most popular destination as Britons book later in hope of better deals, Abta report finds
Australian Dollar: RBA inflation focus shapes outlook – Commerzbank
Commerzbank’s Volkmar Baur explains that the Reserve Bank of Australia is increasingly focused on high inflation, with trimmed-mean inflation above its 2–3% target band for over a year. He highlights concerns about glob…
Two plead guilty after clients lose £2m in fraud case
Two people who worked at financial advice firms have pleaded guilty to fraud after 4 clients lost £2m.
Burnham’s Your First Home scheme ‘could boost Bellway’s house output by 10%’
Help-to-buy initiative for England could slow market while first-time buyers wait for launch, builder admits
Motor finance legal challenge to be heard in February 2027
The Upper Tribunal has confirmed it will hear the legal challenges to our motor finance compensation scheme between 16 to 26 February 2027.
Global chip selloff deepens as AI worries, China competition weigh
A sell-off in semiconductor stocks deepened as signs of progress in China’s advanced chipmaking compounded worries about the sustainability of the artificial intelligence spending boom.
UK shoppers seek deals as grocery price inflation rises again
UK grocery price inflation has edged up again as shoppers lean on special offers to keep their costs in check.
Silver Price Forecast: XAG/USD remains capped below $61.00 as bulls seem hesitant
Silver (XAG/USD) attracts some dip-buyers in the vicinity of mid-$59.00s on Tuesday and sticks to its modest intraday gains through the early European session. The white metal, however, lacks bullish conviction and curr…
Phase Eight and Hobbs owner hit by cyber-attack, as H&M probes separate hack claim
The owner of high-end fashion brands Hobbs, Whistles and Phase Eight says it is investigating a cyber-security incident.
Government Debt Is Now the Top Threat to Investors’ Wealth
This column originally appeared in the Milken Institute Review at https://www.milkenreview.org/articles/is-taxing-wealth-possible-practical-desirable.
AUD/JPY Price Forecast: Awaits 110.00 break as Yen strength validates bearish setup on H4
The AUD/JPY cross comes under some renewed selling pressure on Tuesday and retreats further from the 110.65 resistance zone, retesting the previous day.
Indian Rupee: RBI support points to softer pair – Commerzbank
Commerzbank’s India section notes September CPI at 5.5% year-on-year, above August and near breaching the RBI’s target band, with risks skewed to the upside from Oil, INR weakness and El Niño.
Euro trims losses amid a softer USD, with upside attempts likely to remain shallow
The Euro (EUR) shows moderate gains on Tuesday, rather due to the US Dollar’s (USD) weakness than intrinsic Euro strength. The EUR/USD pair trades at 1.1194 after bouncing from 17-month lows near 1.1150 on Monday, but t…
No Trigger in Sight for a US Dollar Reversal
(DEFENCE SECURITY ASIA) — The reported recovery by Iran of more than 15 unexploded American precision-guided munitions, including at least one fully intact GBU-57 Massive Ordnance Penetrator, may prove to be one of the …
IMF raises UK growth forecast as economist says Healey should ‘stay the course’
Fund upgrades UK’s GDP growth forecast for 2026 to 1.3%, but says it is likely to edge down next year
Japanese Yen: Intervention risks limit further depreciation - OCBC
OCBC strategists Sim Moh Siong and Christopher Wong describe USD/JPY as a patience trade, with the pair supported by higher US yields and elevated energy prices but capped by extreme Japanese Yen undervaluation and risi…