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.
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
-
The most influential people of 2025Here are the most influential people of 2025, from New York's mayor-elect Zohran Mamdani to Japan’s Iron Lady Sanae Takaichi
-
Millions of parents are missing out on up to £720 a year in extra pension cash – are you affected?A mum who narrowly missed out on the pension boost said she “never knew the government rule existed” and wants other parents to use it
