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UK pulling out of recession as services sector growth accelerates; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that the recession is over.. Data firm S&P Global has reported that ...The Guardian - World - United Kingdom -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
USD/JPY Could Return to 160; BOJ Should Stop Balance-Sheet Expansion, BlueBay Says
USD/JPY could still rise back to 160, once Japanese intervention ends, should the U.S. economy remain upbeat, BlueBay said.The Wall Street Journal - World