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How have interest rates expectations changed after the US inflation data?

How have interest rates expectations changed after the US inflation data?

Rate cuts by year-end Fed: 45 bps (97% probability of no change at the upcoming meeting) ECB: 24 bps (94% probability of no change at the upcoming meeting) BoE: 51 bps (77% probability of rate cut at the upcoming meeting) BoC: 16 bps (91% probability of no change at the upcoming meeting) RBA: 66 bps […]

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3 UK shares that have recently become takeover targets

3 UK shares that have recently become takeover targets

Image source: Getty Images With low valuations, strong fundamentals and access to European markets, many UK shares are looking cheap on a global stage. That’s proving tempting for opportunistic bidders. According to recent data, £74bn in takeover offers came in for UK-listed firms in the first half of this year. Around 63% of these bids […]

Citi now sees the ECB cutting policy rates in September and December next

How have interest rates expectations changed after the US inflation data?

The revised forecast in skipping a rate cut later this month fits with market expectations at least. However, two rate cuts for the remainder of the year is not quite. As things stand, traders are only pricing in ~25 bps worth of rate cuts i.e. just one more by year-end. The ECB has communicated their […]

Lamine Yamal speaks out on dwarves controversy

Lamine Yamal speaks out on dwarves controversy

Lamine Yamal has no intention of changing his lifestyle despite being embroiled in recent controversies. The Barcelona winger attended a ceremony yesterday to celebrate his new six-year contract at Camp Nou and officially receive the club’s number 10 shirt – worn previously by the likes of Lionel Messi, Ronaldinho and Diego Maradona – for the […]

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3 reasons I prefer HSBC over Lloyds shares

3 reasons I prefer HSBC over Lloyds shares

Image source: Getty Images Lloyds (LSE: LLOY) shares are very popular with many UK income investors, and it’s not difficult to see why. The FTSE 100 bank is a household name, easily recognised by its iconic black horse logo, and holds a leading position in the UK mortgage market.  Millions of UK homeowners are already […]