UK long-term borrowing costs have surged to their highest levels since the late 1990s, with 30-year gilt yields briefly touching 5.64% before easing to 5.6%, driven by global bond market pressures, Donald Trump’s clashes with the US Federal Reserve, and concerns over the UK’s fragile economic outlook. Analysts warn the UK faces a fiscal trap […]
Read MoreThe International Energy Agency (IEA) warned this week that world oil supply is set to rise much faster than demand, creating the risk of a significant surplus into 2026, in sharp contrast to OPEC’s more upbeat outlook. The IEA now projects global supply will increase by 2.7 million barrels per day (bpd) in 2025 and […]
Read MoreThe Bank of Japan sparked sharp market moves after unveiling plans to begin selling its massive $250 billion ETF holdings and revealing an unexpected split over interest rates. While the central bank kept its policy rate at 0.5% as expected, two board members dissented in favour of a hike to 0.75%, a rare sign of […]
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