Features

Money Minute, Monday 2 December: the week ahead

Today's Money Minute looks ahead to a week in which we get the latest US manufacturing figures, Australia's central bank decides on interest rates, and UK companies publish their results.

In the US today, we'll get the latest survey of manufacturing activity.Manufacturers around the world have been struggling this year, and the US is no different.In recent months, surveys have indicated that activity in the sector is now shrinking, and the latest report is expected to confirm the trend.

Over in Australia on Tuesday, the central bank is set to announce its latest decision on interest rates.Australian rates are now sitting at 0.75%, and that's where they're expected to stay for now.However, the Australian economy is looking fragile, with wage growth slowing down and unemployment edging higher.As a result, financial markets still expect further rate cuts early next year.

On Thursday, we get a slew of data from the eurozone including the latest reports on retail sales, third quarter GDP growth, and employment.Companies reporting include FTSE 100 packaging group DS Smith and builders' merchant Wolseley.

Recommended

How long can the good times roll?
Economy

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
20 October 1935: Mao’s Long March ends
This day in history

20 October 1935: Mao’s Long March ends

Almost exactly a year after setting off, Mao Zedong and his army of communists arrived at the foot of the Great Wall of China on this day in 1935.
20 Oct 2020
Quiz of the week: 19-25 September
Economy

Quiz of the week: 19-25 September

Test your recollection of the events of the last seven days with MoneyWeek's quiz of the week.
25 Sep 2020
25 September 1996: the Taliban reach Kabul
This day in history

25 September 1996: the Taliban reach Kabul

After the end of Soviet involvement in Afghanistan, the Taliban reached the suburbs of the capital, Kabul, on this day in 1996.
25 Sep 2020

Most Popular

How will we repay our vast debt pile? Do we even need to?
Sponsored

How will we repay our vast debt pile? Do we even need to?

In his recent articles looking at different aspects of the fixed-income investing world, David Stevenson looked at inflation. Today he looks at a clos…
19 Oct 2020
The Bank of England should create a "Bitpound" digital currency and take the world by storm
Bitcoin

The Bank of England should create a "Bitpound" digital currency and take the world by storm

The Bank of England could win the race to create a respectable digital currency if it moves quickly, says Matthew Lynn.
18 Oct 2020
Negative interest rates and the end of free bank accounts
Bank accounts

Negative interest rates and the end of free bank accounts

Negative interest rates are likely to mean the introduction of fees for current accounts and other banking products. But that might make the UK bankin…
19 Oct 2020