UK Markets Cap Dire Week With Yields Stuck Near Decade Highs

UK 10-, 30-year gilts headed for worst week in a year Investors remain worried about UK’s fiscal, inflation outlook A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late...

US Consumer Inflation Expectations Jump to Highest Since 2008

Long-term inflation views rose to 3.3% in Michigan survey Preliminary January consumer sentiment index eased to 73.2 US consumers’ long-term inflation expectations jumped to the highest since 2008 on concerns about potential tariffs from the incoming Trump...

US Companies Announced Fewest Hires in 2024 in Nearly a Decade

Job cuts were up 5.5% last year versus 2023, Challenger says Market and economic conditions were top reason cited for cuts US companies pared back hiring plans in 2024 as employers announced the smallest additions to headcount in almost a decade, according to figures...

China Consumer Prices Weaken Further, Adding to Deflation Worries

Consumer inflation decelerated for fourth straight month Persistent deflationary pressures threaten to curtail spending China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out...