What's moving markets on April 22? Read the report to know!
British households are squeezed again
UK households are currently facing the tightest squeeze on their finances for the last three years, while the BoE’s signal that it’s about to lift interest rates will probably make things worse, a poll disclosed on Monday.
IHS Markit revealed in its monthly statement that in September Household Finance Index went down to 42.8 from 43.4 in August, although it’s still above a three-year minimum of 41.6 observed in July.
Assessing the third quarter in general a conclusion arises that the index's average reading turns to be its lowest outcome since 2014.
UK households have been affected by rapidly soaring inflation since the previous year's Brexit vote as well as dismal surges in wages.
Monday's poll disclosed the amount of cash available to spend kept going down at one of the steepest rates observed for the last three years.
The previous week the BoE told it actually expected to lift interest rates in the nearer months if inflation pressure kept building. That statement shocked many market participants.
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
Check our story about the stocks that have the potential to go either up or down big time! In this article, we'll tell you about Nvidia, Apple, Philip Morris, and Coinbase.
Once in a month, the euro has a very special day of increased volatility at the start of the European trading session.
The relationship between the US and Turkey is not going well. Neither do things for the Turkish lira.