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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published