UK inflation cooled in August despite resurging oil prices, lowering BoE hike odds to a 50/50 split. The Fed meeting is likely to be overshadowed by Fed projections on growth, inflation and peak interest rates. Discover the latest updates on the UK economy, including the impact of decreasing inflation on shoppers, the surging Euro Sterling trading, and the uncertain future of interest rates. Delve into how the weakened pound benefits the FTSE, while households still face financial pressure. Brace yourself for the imminent decision on interest rates by the US Federal Reserve, with economic projections and inflation forecasts playing a crucial role.
Witness the potential decline in oil prices and the overall positive state of the market. Unravel the current stability of the market, with the VIX and bond market volatility receding. Delve into the uncertain trading of the S&P 500, driven by China’s ban on iPhones. Explore the slight dip in the US dollar, countered by high US yields.
