Week Ending 20th June 2025 The S&P 500 fell on Friday as investors monitored the latest developments out of the Middle East. Traders also contemplated the path of future interest rate cuts by Federal Reserve. The broad market index declined 0.22% to end at 5,967.84. Friday marked the third consecutive losing session for the S&P […]
View PostBritain’s economy shows signs of positive momentum
It’s been rare for a string of positive economic news to emerge out of the U.K. in 2025 — but this week in particular has given Britain three reasons to be optimistic. Data on Friday signaled unexpected positive momentum in the country’s economy, with retail sales rising by a much better-than-expected 1.2% in April, and […]
View PostUS central bank cuts growth outlook
The US central bank has slashed its expectations for economic growth this year as it eyes challenges on several fronts amid Donald Trump’s escalating trade war. The Federal Reserve announced, as was widely expected, that it would keep its main interest rate at its current target range level of 4.25%-4.5% following the latest meeting of […]
View PostDonald Trump triggers prospect of global trade war over ‘reciprocal’ tariff plan
The US president has promised to target countries which charge tax on US imports by matching them with a reciprocal tariff. Donald Trump has ordered his team to start calculating duties by early April – increasing fears of a global trade war that could also accelerate US inflation. “On trade, I have decided for purposes […]
View PostTrump tariff threat prompts IMF warning ahead of inauguration
The International Monetary Fund (IMF) has warned against the prospects of a renewed US-led trade war, just days before Donald Trump prepares to begin his second term in the White House. The world’s lender of last resort used the latest update to its World Economic Outlook (WEO) to lay out a series of consequences for […]
View Post