Features

Money Minute, Wednesday 6 November: Marks & Spencer results and eurozone data

Today's Money Minute looks to half-year results from Marks & Spencer, plus a raft of data from across the eurozone.

In the UK this morning, Marks & Spencer reports its half-year results.

M&S is one of the UK's most iconic high street names. However, it has been struggling badly in recent years.In September, the group was demoted to the FTSE 250 from the FTSE 100. Analysts expect a fall in both sales and profits.The company is in desperate need of a turnaround, and that's what investors will be focusing on today.

Elsewhere this morning, there's a raft of data due from across the eurozone.

We have German factory orders for September, which will be watched closely.Last time, orders were down by nearly 7% year on year. Economists expect a similar reading this time round.This is mostly down to a global manufacturing slowdown, combined with uncertainty over trade wars.

We'll also be getting the latest reading for retail sales across the eurozone as a whole.Readings already received from individual countries, including France, Spain and Germany, suggest that eurozone retailers suffered a fairly weak September.

Recommended

How the Covid-19 vaccine crisis is putting the EU in danger
EU Economy

How the Covid-19 vaccine crisis is putting the EU in danger

The botched coronavirus vaccine campaign will cause long-term harm to the EU's economy, says Matthew Lynn.
4 Apr 2021
What does Joe Biden’s $3trn infrastructure plan mean for your money?
US Economy

What does Joe Biden’s $3trn infrastructure plan mean for your money?

Joe Biden is set to announce a further $3trn of public stimulus in the US. Saloni Sardana looks at what’s on the table, and what effect it could have …
30 Mar 2021
The European Central Bank fumbles its way towards yield curve control
EU Economy

The European Central Bank fumbles its way towards yield curve control

The EU’s economic recovery is faltering, but its bond yields keep rising. That makes things tricky for the European Central Bank, says John Stepek. He…
12 Mar 2021
Short-term inflation is almost certain. But what could make it a long-term problem?
US Economy

Short-term inflation is almost certain. But what could make it a long-term problem?

Inflation will be welcomed when it arrives – but in time, it could grow to become a problem. John Stepek explains why, and what that will mean for inv…
11 Mar 2021

Most Popular

The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021
Central banks are rushing to build digital currencies. What are they, and what do they mean for you?
Bitcoin

Central banks are rushing to build digital currencies. What are they, and what do they mean for you?

As bitcoin continues to soar in value, many of the world’s central banks are looking to emulate it by issuing their own digital currencies. But centra…
8 Apr 2021
Four investment trusts for income investors to buy now
Investment trusts

Four investment trusts for income investors to buy now

Some high-yielding listed lending funds have come through the crisis with flying colours. David Stevenson picks four of the best.
12 Apr 2021