Will the Fed raise rates sooner than expected? Inflation the highest in 30 years, a labour market tighter than at any point since the great financial crisis and no Fed action – yet. No wonder we are starting to see them talk about a quicker taper, which would provide the ‘optionality’ to maybe raise rates a bit […]

Back to school: the unruly mob are back. But that is enough about MPs going back to work – children start the autumn term this week and the furlough scheme starts to unwind with the government reducing its contribution to employees’ wages to 70% in September. Furlough forever is simply not an option – zombie […]

European stocks cool, gilts are higher, Empire State manufacturing points to inflation. After rising to 6,805 in early trade the FTSE 100 has pared gains to trade broadly flat for the day. Gilt yields on the march higher this morning…taking out new highs after Bank of England governor Andrew Bailey was on the wires this […]

Stocks in Europe started mildly higher, shrugging off some of the caution that we saw at the tail end of last week on lockdowns in Austria and elsewhere. Telecoms stocks rallied as KKR made a bid for Telecom Italia; BT and Vodafone led the FTSE 100 higher with help from BP and Antofagasta. Vivendi, a major shareholder […]

Gap Inc. has recently faced challenges that have impacted its stock performance. The retailer's forecasts indicate flat sales for the upcoming period, leading to a decline in its stock value.