Sterling strengthened against a broadly weaker US Dollar on Tuesday following the appointment of John Healey as Britain's new finance minister. Investors are now looking for fresh guidance on the government's fiscal policy.
The US Dollar was largely unchanged on Tuesday as investors assessed developments in the Iran conflict, while the Yen held steady in subdued trading following suspected intervention by Tokyo last week that had triggered a sharp rally.
British savers and investors need to prepare for a higher-for-longer UK interest rate environment to protect and grow wealth, warns the CEO of one of the world’s largest independent financial advisory organisations.
Global stagflation appears almost inevitable, and investors need to ensure now that their portfolios are built for resilience, warns the CEO of one of the world’s largest independent financial advisory organisations.
Where should investors look to find reliable returns that will withstand volatility? Many are looking towards the roller coaster AI-related tech industry, but looking ahead, it is prudent to aim for companies that will make a profit out of AI.
The Dollar remained largely stable on Thursday as escalating tensions in the Middle East cast a shadow over markets, while a series of central bank decisions, including an unexpected rate cut by Norway, kept traders on alert.
