Because of Consumer Prices rise too quickly the American Central Bank will likely push the timing of Interest Rates cut further down the line. On tuesday australias government will unveil its annual budget and we expect measures to ease Cost Of Living pressures in the country. On friday will have more data from china which could or should give us clues on whether consumers are spending with the release of Monthly Sales numbers. Achieve Market Analyst gave us his analysis. Market analyst gave us his Analysis Market analyst gave us his anal sis. ,. , analysis. The latest batch of us analysis. The latest batch of us inflation analysis. The latest batch of us Inflation Data analysis. The latest batch of us Inflation Data will us Inflation Data will certainly front and centre for Financial Markets this week. Maybe it will take down to 3. 5 . If so, in the right direction, if you like, that could give some Market Momentum and other assets like gold and it could take steam out of those us tr
Lets start in the eu, where Three Tech Giants the social media platform x, Tiktok Owner Bytedance and the travel website booking. Com, are waiting to find out whether they could face an Antitrust Crackdown under the eus new digital antitrust rulebook. The Eu Commission has until the end of today to decide whether those three companies would qualify as so called gatekeepers under the new Digital Markets act. The aim of the act is to help competition in the Technology Sector and to try to break down the stronghold of Big Tech Companies. Well, someone who knows a lot about this, because she co negotiated the eu ai act in her previous role in the German Federal chancellery, is kirsten rulf who now is partner and associate director at boston consulting group. A warm welcome to bbc news. Good to see you again. Good to see you again. Greg manning good to see you again. Greg manning 50 good to see you again. Greg manning. So lets good to see you again. Greg manning. So letsjust good to see you
Bank will likely push the timing of Interest Rate cuts further down the line. Meanwhile, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on whether consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch is front and centre for financial markets. We are hoping to see maybe it will take down, two, three, 5 . If we see it heading in the right direction, then it could give the markets and momentum, as well as other assets, such as well as other assets, such as gold, and it could take some steam out of those us treasury yields, which remain elevated. But on the flip side, we know Inflation Data can be uncooperative and if it starts to edge higher, we have seen cases of that in the past, it could upset some of the confidence in
It has been the wettest 18 months on record since 1836, one of the wettest winters in decades that many farmers can remember. It has had a huge impact on the ability to grow crops and it has been quite sudden. In 2022 we were talking about extreme heat and drought and farmers not being able to get crops out of the ground because it was baked too hard. This winter they have not been able to get them in the ground because it has been too wet, waterlogged and soft, basically. That means that the amount of wheat and winter barley, oilseed rape were likely to harvest this year will be down a third, and looking across all the farming sectors, fresh fruit and vegetables, meat and dairy, eggs, that will be enough to drive an 8 reduction in the headline self sufficient and seen when, Self Sufficiency when measured by volume. Around 86 over the period btween 2018 and 2022 to 78 this year or thats what we estimate. Egypts economy has been struggling with the burden of high debts and an overvalued
Prices rise too quickly, Americas Central Bank will likely push the timing of Interest Rate cuts further down the line. Were also watching this week, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on if consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch of us Inflation Data will be front and centerforfinancial and center for Financial Markets this and centerforFinancial Markets this week. The hope is it would take down to 3. 5 , if so, if we see the head in the right direction then that could give some Equity Markets a momentum, other assets such as gold could take some sting out of the us treasury yields which remain elevated. In the flip side, we note inflation can be uncooperative and if it edges higher, weve seen