Features

Money Minute Thursday 10 October: trade war talks, UK manufacturing and US inflation

Today's Money Minute sees the start of the next round of trade talks between China and the US; the latest figures on UK manufacturing output; and US consumer price inflation.

Today, the next round of trade talks between China and the US is scheduled to kick off in Washington.Hopes are not high for any sort of breakthrough both sides have been talking tough ahead of the meeting.The US is set to impose extra tariffs on Chinese goods from early next week.Meanwhile, the Chinese delegation has already said that it will be leaving the US earlier than planned.

In all, assuming they aren't called off beforehand, markets will be looking for any sign at all that relations between the two are thawing.

This morning in the UK, the latest figures on manufacturing output are due.As in most other parts of the world, manufacturing in the UK is struggling right now, and that's expected to have continued in August.

Then, this afternoon over in the US, we get the latest data on consumer price inflation and weekly jobless claims.

Recommended

Shareholder capitalism: why we must return power to listed companies’ ultimate owners
Investment strategy

Shareholder capitalism: why we must return power to listed companies’ ultimate owners

Under our system of shareholder capitalism it's not fund managers, it‘s the individual investors – the company's ultimate owners – who should be telli…
24 Jan 2022
Just how green is nuclear power?
Energy

Just how green is nuclear power?

Nuclear power is certainly very clean in terms of carbon emissions, but what about the radioactive waste produced as a byproduct? It’s not as much of …
22 Jan 2022
Inflation: now we really have something to worry about
Inflation

Inflation: now we really have something to worry about

We’ve been worrying about a sharp rise in inflation for years, says Merryn Somerset Webb – now, we finally have something to worry about.
21 Jan 2022
US inflation still shows no sign of fading
US Economy

US inflation still shows no sign of fading

Annual US inflation hit 7% in December, its highest since 1982, while core inflation rose to 5.5%. That suggests high price rises are going nowhere so…
21 Jan 2022

Most Popular

Ask for a pay rise – everyone else is
Inflation

Ask for a pay rise – everyone else is

As inflation bites and the labour market remains tight, many of the nation's employees are asking for a pay rise. Merryn Somerset Webb explains why yo…
17 Jan 2022
Shareholder capitalism: why we must return power to listed companies’ ultimate owners
Investment strategy

Shareholder capitalism: why we must return power to listed companies’ ultimate owners

Under our system of shareholder capitalism it's not fund managers, it‘s the individual investors – the company's ultimate owners – who should be telli…
24 Jan 2022
Interest rates might rise faster than expected – what does that mean for your money?
Global Economy

Interest rates might rise faster than expected – what does that mean for your money?

The idea that the US Federal Reserve could raise interest rates much earlier than anticipated has upset the markets. John Stepek explains why, and wha…
6 Jan 2022