Growth downgrades and softer outlook – Societe Generale

Growth downgrades and softer outlook – Societe Generale

Societe Generale economists highlights that Eurozone 2026 GDP forecasts have been cut more than United States (US) projections in percentage terms, reinforcing United States (US) outperformance. While the European Central Bank (ECB) appears set on at least one rate hike, he suggests global central banks may rein in tightening as growth slows, with the bank’s […]

Leadership race shapes fiscal outlook – TD Securities

Leadership race shapes fiscal outlook – TD Securities

TD Securities’ James Rossiter and Julie Ioffe argue that Prime Minister Starmer is likely to be replaced by late September, with Labour’s leadership race centering on Burnham, Streeting, Rayner and Miliband. They expect Labour to shift left over time, with higher spending and taxes, possible defence-rule carve‑outs, but no early general election before at least […]

WTI Oil extends rally as Trump touts China demand, Hormuz risks linger

WTI Oil extends rally as Trump touts China demand, Hormuz risks linger

West Texas Intermediate (WTI) US Oil extends its rally on Friday, with the US benchmark trading around $100.90 at the time of writing, up 3.13% on the day and breaking above the $100 level to reach a fresh weekly high. Markets are reacting to comments from US President Donald Trump, who said that China agreed […]