Week Ending 29th August 2025 Stocks fell on Friday as investors took some money off the table into a long weekend following a new S&P 500 record and solid Nvidia earnings this week. New inflation data showed rising prices was still a risk heading into the new month. The S&P 500 ended the day 0.64% […]
View PostGerman inflation rises
German inflation accelerated more than expected in August, bringing an end to the disinflationary process of the last months and adding to the gloom on a day when unemployment topped three million for the first time in a decade. Inflation rose to 2.1%, preliminary data from the federal statistics office showed on Friday. Analysts polled […]
View PostChina’s growth stumbles
China’s economy lost momentum in July, with growth faltering across the board, as weak domestic demand persisted and Beijing intensified efforts to curb excess capacity. Retail sales last month rose 3.7% from a year earlier, data from the National Bureau of Statistics showed Friday, sharply missing analysts’ estimates for a 4.6% growth in a Reuters […]
View PostBank of England cuts interest rate to 4%
The Bank of England has cut the interest rate for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher in 2025. In a tight decision that saw members of the rate-setting committee vote twice to break a deadlock, the Bank cut the rate to […]
View PostEuro zone inflation holds steady
Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure to hit 1.9%, after a 2% reading in June. So-called core inflation, which strips out more volatile food, energy, alcohol and tobacco prices, came in at 2.3% in […]
View PostMicrosoft is now worth over $4trn
Microsoft has become only the second publicly traded company after Nvidia to surpass $4 trn (£3.03trn) in market valuation, after registering huge earnings. On Thursday, shares rose on Wall Street with the S&P 500 and Nasdaq climbing to new record highs. Stocks in Microsoft jumped after posting better-than-expected results, helped by its Azure cloud computing […]
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