The UK government needs more economic growth.
It faces spending cuts and possible tax increases.
Improving UK-EU trade relations could help the economy.
Big changes in UK-EU ties are becoming more likely.
However, this alone won’t fix the UK’s financial problems.
CONSUMER SENTIMENT DROPS IN MARCH TO 57.9. Consumer sentiment fell to 57.9, down 10.5% from February and below the 63.2 estimate. 27.1% lower than a year ago, the lowest since November 2022. Current conditions index down 3.3%, future expectations dropped 15.3% month-over-month and
TREASURY YIELDS RISE AS INVESTORS AWAIT CONSUMER SENTIMENT DATA U.S. Treasury yields rise ahead of consumer sentiment data. Benchmark 10-year Treasury yield increases by over two basis points to 4.298%. 2-year Treasury yield up two basis points to 3.973%. Tame inflation data this week provides relief to
Gold price is near record high, close to $3,000. Trade tensions due to Trump’s policies are supporting gold prices. Expectations of Fed rate cuts are also helping gold. A small rise in the US dollar is stopping gold from going even higher. If global market conditions improve, gold
EUR/USD Drops: The Euro falls 0.3% against the US Dollar. Trump’s New Tariff Threats: Trump plans new taxes on some European products. Reason for Tariffs: Europe hit back at US steel tariffs, so Trump is responding. Important US Data Ahead: Friday’s reports on consumer feelings and