FOMC Meeting
The Federal Reserve hold US interest rates at current level. Gradual US interest rate rises are on the way. Fed to unwind balance sheet ‘soon’. More on this to follow…
Wall Street High
The DOW Jones Industrial Average closed at a record high of 21709 after reaching intra-day highs of 21739
UK Economy grows
Initial figures released by the Office for National Statistics (ONS) show first estimates suggest the UK economy grew by 0.3% in the three months to the end of June. Bear in mind these figures can be subject to revision in the coming months. The ONS tweets that growth was driven …
S&P 500 hits new high
US indices made good gains again yesterday (25/07/17) which saw the S&P 500 reach fresh record highs. The DOW also hit a new intra-day high but pulled back at close.
Diesel and Petrol ban by 2040
Following on from the ‘Faraday Challenge’ announced by the UK government this week, which presented plans to develop smarter energy for the future – we now have this brilliant new initiative announced today to ban ‘dirty diesel’ car engines from our roads by 2040. Now, based on that time scale …