Inizio di settimana col botto per l'Europa, ma non in senso positivo: la fiducia degli investitori dell’Eurozona risulta essere più negativa del previsto (-13.1 vs -9.2 atteso).
Il Segretario di Stato Antony Blinken ha ricevuto l’accusa di oltraggio al Congresso se non risponderà ad un mandato di comparizione per il ritiro degli Stati Uniti dall’Afghanistan nell’agosto 2021, mandato emesso dalla Commissione nello scorso mese di marzo. Un articolo del WSJ dell’agosto 2021 affermava che il cablogramma “dissent channel” avvertiva gli alti funzionari del potenziale collasso di Kabul subito dopo il ritiro delle truppe statunitensi. Un portavoce ha detto che il Dipartimento fornirà al Congresso le informazioni necessarie per svolgere il proprio lavoro, proteggendo al contempo la capacità dei dipendenti del Dipartimento di Stato di svolgere il proprio.
Carlo III ha ringraziato tutti coloro i quali hanno partecipato alla sua incoronazione e a quella della Regina Consorte Camilla. La Polizia ha arrestato Graham Smith, leader del gruppo Republic, insieme a dozzine di altri manifestanti, per le proteste dei giorni scorsi, alimentando il malumore per la scarsa tolleranza per le manifestazioni di dissenso da parte delle autorità.
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According to the Halifax house price index, the price of residential property fell for the first time since 2012. The 1% depreciation between May 2022 and May 2023 came in line with expectations as analysts assess the impact of higher interest rates on households.
The vast Ukrainian Nova Khakovka Dam has been destroyed in the Russian occupied region of Kherson, Ukraine releasing a torrent of water as concerns for residents and nuclear power facilities up and downstream grows.
Plans have been unveiled for a Universal Basic Income (UBI) trial in the UK, with the think tank Autonomy currently seeking financial backing. It is hoped that the trial will span over two years with participants receiving £1,600 each month and being in control of how they spend or save the funds.
Today all eyes are on US labour market data where the markets will be looking to gain an insight into the health of the US economy and the extent to which the jobs market is feeding into inflationary pressures ahead of the Fed’s meeting on 12 June.
Last night, the House comfortably passed the debt ceiling bill in arguably the most important stage in the process to ensure that the world’s largest economy averts a technical default. The House of Representatives cleared the Fiscal Responsibility Act by 314-117, the bipartisan deal assembled by President Joe Biden and House Speaker Kevin McCarthy.
Tonight, congress will vote on the bill agreed by President Joe Biden and House Speaker Kevin McCarthy, as the US tries to avert X-date by raising the debt ceiling. According to Reuters, “the deal caps federal spending and forces more poor people to work for food aid, concessions that Democrats hate. But it also preserves much of Biden's Inflation Reduction Act and punts the next debt ceiling showdown into 2025, which Republicans hate.”
As markets weigh on the Bank of England’s interest rate decision on 22 June, this morning’s hotter-than-expected inflation print has seen investors upwardly revise rate hike expectations. Indeed, market reaction to this morning’s print is a further reaffirmation that inflation continues to be the hottest topic of conversation.
The incumbent Recep Tayyip Erdogan has secured another five years as Turkey’s president following a run-off election which saw him take 52% of the votes, against Kemal Kilicdaroglu’s 48%