Market Sentiment & Lateral Thoughts
UK Chancellor of the Exchequer Jeremy Hunt presented a “budget for growth” to boost business investment, productivity and employment. While raising headline corporate tax rates, his budget offers tax breaks for investment.
Hunt’s decision to raise taxation from 19 per … Read the rest
Several residential property analysts predict property price declines of 5 to 10 per cent in the coming twelve months. Their predictions follow steep mortgage rises from an … Read the rest
Central bank purchases, the year of the rabbit celebrations and minor US dollar weakness have spurred gold to US$1936. But after a heady appreciation of 19 per cent since the November 2022 lows, the bullion price is now meeting resistance.… Read the rest
The British pound performance in the new year will largely hinge on renewed international investor confidence in the UK.
In the last couple of months, Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt have steadied the economic … Read the rest
