Dow Jones – 19.09.2024 – Orbex Forex Trading Blog

UK business confidence has dropped to its lowest level since the general election, as firms grow more pessimistic about the economic outlook. Amid fears that the Labour government’s warnings of a tough budget in October have hurt the economy, the latest Lloyds Bank Business Barometer has found that business optimism weakened this month to its…

Japan's yen sinks as spike in crude oil overpowers safe-haven appeal Source link

UBS analysts are revising their year-end forecast for the MSCI AC World index upwards, citing seven key reasons for optimism. The new target is 830, representing a potential 6% upside by year-end. “Risk Appetite/tactical signals” are a key factor in UBS’s revised forecast. Their proprietary index suggests a positive outlook, with UBS noting, “risk appetite…

Reform UK’s showcase council in Kent faces “extreme risk” and “instability”, opposition politicians have warned, after it passed its first budget. The party’s councillors voted it through on Thursday night after their leaders announced a 3.99% council tax increase, one percentage point under the limit before a referendum is required, despite promising before their election…