UK markets pricing in 3 interest-rate cuts this year after soft retail sales
Investing.com — UK traders are now leaning towards the possibility of three interest rate cuts from the Bank of England this year, following disappointing retail sales data which strengthens the argument for a more assertive easing to uplift the faltering
Hungary’s PM urges EU to lift Russia sanctions
Investing.com — Hungarian Prime Minister Viktor Orban has called on the European Union to end its sanctions against Russia. His call comes as the incoming U.S. administration under Donald Trump is expected to herald a “new era” starting next week.
UK government bonds yields fall as more Bank of England rate cuts likely
Investing.com — Yields on United Kingdom (TADAWUL:4280)’s government bonds, also known as gilts, have seen a decrease, following an anticipation of further interest-rate cuts by the Bank of England. This expectation is rooted in the weaker-than-expected retail sales
Malaysia’s economy faces subdued growth due to tight fiscal policy
Investing.com — Malaysia’s economy experienced softer growth in the third quarter, and it is projected that the upcoming year will see fairly subdued growth due to the impact of a tight fiscal policy on demand. As per the preliminary estimate