Cautious Budget as Brexit Looms. - 8th March 2017
Today was Budget day in the UK.
Today was Budget day in the UK.
Today, Philip Hammond, the new Chancellor delivered first Autumn Statement to Parliament.
Overnight financial markets fell heavily as it became clear that Donald Trump (Republican) would become the 45th US President.
Last night in the US, the Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) concluded their eagerly awaited two-day meeting and left US interest rates unchanged.
Global equity markets have drifted lower this week ahead of an eagerly awaited US Federal Reserve…
US data yesterday showed the US economy grew more than previously estimated.
What a difference a week makes! Last Tuesday the S&P500 index touched 2,103.11 – just 27.7 points or 1.3% from its all-time high made on 21 May 2015.
Worries over China, the world’s second largest economy, was again the catalyst for lower equity markets yesterday.
As Novak Djokovic defeated Roger Federer for his third Wimbledon title, Greece finally reached an agreement with the troika over the reforms needed for a third bailout in five years and remain in the euro.
Although George Osborne, the Chancellor of the Exchequer, only delivered his sixth Budget in March, he stood up in Parliament earlier today and put a Tory stamp on Britain..