28 October 2024
Shaken, not stirred – Download Chart of the week
The Market Place – Download Market Data
- The US stock market saw significant volatility driven by mixed earnings reports from major companies, particularly in the tech sector
- The UK government prepares for the Autumn Budget, with Chancellor Rachel Reeves expected to announce significant tax hikes to stabilise the economy, potentially raising £20 billion from national insurance increases
- The Eurozone’s economic activity continues to decline, with manufacturing weakness persisting despite growth in the services sector, indicating a sluggish recovery
- Emerging markets are facing increasing pressure from global economic shifts, particularly as the US and China engage in trade disputes
