If the uptick was a blip. In terms of the nikkei 225, a stronger again so it is extending a slump. The boj may exit negative rates perhaps in march especially on the back of what it did not do yesterday. It did not intervene when the topix slumped to percent. Typically it has jumped in prop up the market at 2 . It is about china and the lackluster performance of vanke causing a lot of trepidation as well as concerns in the Property Market yet again. Moodys downgrading it to junk. The yen is the one we are tracking at this point as it continues to rally. It has outdone every g10 currency this month and some say the rally is at a measured pace. Look at where we are in terms of u. S. Futures. A crucial data that we are waiting for. U. S. Futures and treasuries not doing much. S p futures up by. 3 . Cpi print front and center. Linked to the economy, here is jamie dimon warning that the u. S. Recession is not yet off the table. He says the world is pricing in a soft landing at probably 70 8
Anywhere thats seen a cloudier and gloomier start the and gloomier start to the day, well start slowly but well start to get slowly but surely brighter. This occluded front coast, front across eastern coast, though, that cloud though, has brought that cloud some rain as well to some drizzly rain as well to some drizzly rain as well to some eastern coasts, as well as some eastern coasts, as well as some through the next some early fog through the next few hours. That should slowly continue and clear, continue to lift and clear, though it will probably stay quite across eastern quite gloomy across eastern coasts of scotland through much of day. But some sunny of the day. But some sunny spells particularly spells to come, particularly across through across Western Areas through the rest day its been rest of the day where its been a very sunny start to the day and in the sunshine it will feel fairly highs at fairly pleasant. Highs of at 1112, possibly 13 degrees, but in where weve got an i
Economy and help families with permanent tax breaks. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. Ben king reports. The background to todays budget has been gloomy, with the economy in recession. But it looks like the chancellor will still find room to cut taxes. The conservatives are trailing labour in the polls, and looking Forjeremy Hunt to give them some cheer in places like this, winchester, a seat the Lib Dems Hope to win. So what do people here think about tax cuts . I think it would be a good idea because it gives people more money to spend on what they want to buy. Realistically, people arent going to save that much money from a tax cut, whereas more money in Public Services means Better Health care services. Itsjust much more important. I would prefer not to have a tax cut, but to see more money invested in the community. If the Public Services were properly organised, theres more than enough money to do it
Good evening. The chancellor has been putting his final touches to his budget as he prepares to unveil it tomorrow it could well be the last one before the General Election. What is now expected is a 2p cut to National Insurance and another freeze on fuel duty. But could jeremy hunt go even further . Our Political Editor chris mason is here with his thoughts but before we hear from Chris Our Economics Editor Faisal Islam has been weighing up how much room for Manoevre The Chancellor has. The chancellor is hoping to use his Big Red Box Moment tomorrow to declare a definitive economic Turning Point after years of crisis and shocks. Certainly the path and forecast for Inflation Looks like that. Look at this inflation is falling back from its Energy Shock Highs towards the Bank Of England target. On the other hand, its a little tricky to talk about a Turning Point when as you see here, the economy just started shrinkng at the end of last year you can see a shallow recession, but one noneth
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