ZGBR News and Press, SPDR Solactive United Kingdom ETF

Summary The median economist forecast is for more inflation and higher unemployment than the Fed's median projection in June. The Bank of Japan meeting ends early on September 22, and the Bank of England meeting a few hours later. Japan will report August inflation figures a few d...

Summary Officials at the world's major central banks, led by the US Fed, grew increasingly united in their resolve to bring inflation under control. The August about-face pulled the Europe ex UK and both US Russell indexes back down to the bottom of the performance ranks for the y...

Summary UK prime minister Liz Truss announced a price cap on natural gas to shelter households from the 80% increase scheduled for next month and more price resets slated for January and April 2023. With no action, UK inflation could easily have topped 15% this year. With the cap,...

Summary Inflation eases in France and the UK. U.S. inflation numbers unleash new round of market volatility. Are recession risks rising in the U.S. and Europe? On the latest edition of Market Week in Review, Equity Portfolio Manager Olga Bezrokov and Associate Direct...

Summary The recent announcement to introduce a £2,500 household energy cap takes some pressure off further rises in the short term. One in eight households were already struggling to pay their bills. Some households have excess savings built up over the last two years, wh...

Summary Citing economic sanctions imposed by the West, Russia has closed the taps to its Nord Stream 1 pipeline, throwing Europe into its biggest energy crisis in decades. European countries may be forced to ration gas, which will impede market forces from destroying demand natura...

Summary UK unemployment fell by two-tenths of a per cent to 3.6%, the lowest level since 1974. The number of workers classified as long-term sick has jumped dramatically in the past couple of months, and that's one reason why firms are still struggling to source the staff they nee...

Summary Energy stocks are poised to report strong earnings for the second half of 2022, while the S&P 500 is forecasted to post earnings declines. The green revolution will continue, but with barely 3% of U.S. electricity production originating from solar and wind sources, fos...

Summary We think the energy crisis will spur a recession in Europe. The ECB is trying to fight inflation without recognizing the costs. We prefer credit over equities. The ECB raised rates by a record 0.75%. We think the ECB will keep raising rates through year-end until the econo...

Summary Russia cuts off natural-gas flows to Europe indefinitely. UK unveils plan to cap energy prices for businesses and consumers. Sovereign bond yields rise as rate hikes continue. On the latest edition of Market Week in Review, Chief Investment Strategist for Nor...