Podcasts about gilts

US President Trump said at a certain point, they will send letters out for countries to take or leave and will send those letters out in a week and a half.Geopolitics is driving newsflow as Iran was judged to have violated IAEA rules. An update which has sparked increasingly escalatory rhetoric.Given the above, equities are in the red with the DXY pressured and havens leading FX while EUR/USD hits a new YTD peak and XAU climbs.Crude pressured despite the above, given the gains seen on Tuesday, Trump's tariff rhetoric, ongoing OPEC+ action and the lack of specificity on what the Iranian response will be.EGBs benefiting from the risk tone, Gilts outperform after soft GDP. USTs in-fitting but with magnitudes more contained into data.Air India flight AI171 to the UK from Ahmedabad, India crashed outside the airport after takeoff. Craft was a Boeing (BA) 787-8 Dreamliner; Boeing lower by as much as 8% in pre-market trade.Looking ahead, highlights include US Initial Jobless Claims & PPI, ECB's de Guindos & Elderson, Supply from the US, Earnings from Adobe & Carnival.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

It's time for another Listener Questions session! This week we cover commercial property in pensions, ethical investing, inherited pensions and so much more. Shownotes: https://meaningfulmoney.tv/QA16    01:02  Question 1 Hi Peter / Roger, Many thanks for all the wisdom plus superb book, you two really make my week with the banter. I always hear about DB and DC pensions but wondered if you'd ever cover the following: Many business owners like myself own buildings outright (as a pension) within a Commercial Sipp and then loop back into this rental payments. Also, within this using a GIA for diversified investments including cash lump sums for tax relief when possible. I'm heading North of sixty soon and feel its time to start thinking of the exit plus implications. It would be fantastic to hear your advice on these in the future. Best Regards, Steve 05:47  Question 2 Hello Pete Can ethical investing beat inflation? Myself and my husband are both 63.  We retired at the end of last year, having sold the business we have run for the majority of our working lives. We have some small DC pensions and a SSAS which includes a commercial property.  We both have cash ISAs. I've done some research, helped massively by your podcasts and YouTube videos, so thank you so much for these. From what I have learned I understand that  we need to invest the cash from the business sale in Global Equities.  We also need to look at the investments within the SSAS which, up to now, the SSAS provider has managed.  Cash in the SSAS also needs to be invested. Is there a way of picking a Global Index Tracker which is ethical and will beat inflation and that requires minimal management to keep fees low?  I realise that we need to look at our cash accounts too with this in mind. Many thanks for all your excellent resources and advice, the fog of financial planning is starting to clear and I'm feeling less panicked about being able to manage the money for our future. Kind regards, Rachel 12:52  Question 3 Dear Pete and Rog, Your podcasts have been a real source of steadiness for me over the past few years - a pair of reliable voices amidst the wider financial chaos. I'm writing with a question about nominee (beneficiary) pensions. Sadly, my father passed away recently, and I've inherited half of his private pension pot - around £70k from a total of £140k. It's been set up as a nominee pension, which I understand allows the money to remain invested and grow tax-free, with flexible access at any age. This has been a significant and unexpected legacy, and it's opened up the possibility of scaling back to part-time work well before the official retirement age. (I'm in my late 30s, so there's still a way to go, but it's a big deal for me and brings more options for me) I don't plan to draw from the pot for many years. My intention is to let it grow. The catch, however, is that the provider, without naming names, (let's just say three letters, last one P), is expensive compared to what I'm used to (I invest monthly in a Vanguard LifeStrategy ISA). When I've done some projections I can see that if leave the money where it is indefinitely, the fees will quietly erode a decent chunk of the long-term gains. There's a 6-year early exit charge, so for now I'm content to leave it be. I'm still dealing with bereavement and all the admin of being an executor, so pressing pause on any big financial decisions feels like the right call at this early stage. But when that 6-year period ends, I'll be weighing up whether to stick or twist. My question is: can nominee pensions be transferred to another provider without losing the key benefits, like the tax-free growth and the ability to access the funds flexibly before retirement age? I've looked into alternatives- transferring into my ISA would take years due to the annual limit; a general investment account loses the tax perks; and a conventional pension would lock the funds away until age 55+, which undermines the very flexibility that makes this pot so helpful for future semi-retirement plans. I'd be really grateful for any ideas or thoughts you might have on this. All the best, Alan 19:29  Question 4 Hi guys, I am 31 years old and currently investing 15% of my gross income into my retirement. 6.8% via my employer's DB CARE scheme, and the other 8.2% into my SIPP. My wife and I also contribute £200pm  into a S&S ISA for our son. We hope by the time he is 18 (3 months old now) this fund could pay for university, travel, driving - whatever he wants to do (within reason!). By age 60, I would like to be in a position to retire, whether I do that or not is another question, but I would at least like the option to. I often see YouTube videos titled "SIPP vs ISA which is better?" but I don't see much about how to use them in tandem. Do you have any advice on the optimal weighting between an ISA and SIPP given I'd like to retire before State/DB pension age and therefore, should I be splitting the 8.2% with a S&S ISA too? Thank you! John 24:08  Question 5 Hi Pete & Roger, I'm a big fan of the podcast, it's been a great source of advice for me - thanks for that. I'm currently 55 and probably not looking to draw down anything from my pension until I'm 60 at the earliest. I hadn't paid into my pension for a number of years and now trying to contribute as much as I can to catch up a bit. My main SIPP is £130,000 with Vanguard in a FTSE Global All Cap Index Accumulation Fund and is 100% equity as I'm looking for as much growth as possible over the next 5-10 years and beyond. I also have £25k in another SIPP, a small NEST workplace pension and approximately £60k in a Stocks & Shares ISA, all of which are in various global tracker funds. My main question is, is it a good idea to have everything in global index funds because of the heavy weighting to the USA, especially in tech stocks? I had considered changing my Vanguard fund to their LifeStrategy 100 fund which has a bit more of a UK weighting. I know you probably can't suggest specific products, but I wondered what your general advice would be on this, especially with all the uncertainty in the USA under the Trump administration? Thanks in advance, Alex Wilson 30:29  Question 6 Hi Pete and Rog, Love the podcast and I've been listening for a good few years now, so I thought I'd throw my hat into the ring with a question. I was hoping you could give a quick overview of Qualifying Corporate Bonds, what characteristics the bonds need to have to qualify, what the tax treatment is and where to invest etc. I'm in the fortunate position of having made my contributions in full to my ISAs and Pensions and I'm looking for a tax efficient way to invest an extra few £s. I've heard that they are effectively treated like Gilts but was hoping you could illuminate. Thanka, Adam from Skipton, North Yorkshire

US Commerce Secretary Lutnick said they have reached a framework to implement the Geneva consensus; will return to the US to see if Trump approves.Chinese Vice Commerce Minister Li Chenggang said the two sides reached a consensus regarding the Geneva meeting; will report on the framework to leaders.European bourses are firmer this morning, though with Retail lagging; Stateside, futures are just into the red into CPI.DXY choppy but contained within Tuesday's parameters so far. Fixed benchmarks pressured into CPI, Gilts lag.Crude has seen notable two-way action on reporting around Iran. XAU edges higher, base metals mixed. Looking ahead, highlights include US CPI & Weekly Earnings, UK Spending Review, Speakers including ECB's Cipollone, Supply from the US, Earnings from Oracle.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US-China talks in London have commenced.US Commerce Secretary Lutnick says discussions with China are "going well"; talks to continue all day Tuesday.European stocks move lower ahead of US-China talks, FTSE 100 bid post-jobs data.GBP lags after jobs data which saw a slump in HMRC Payrolls and a further cooling in average earnings, USD ekes out mild gains.Gilts outperform as the UK labour market cools, USTs await US-China day two and 3yr supply.Crude is incrementally firmer, with XAU also modestly in the green.Looking ahead, US NFIB Business Optimism, EIA STEO, US-China Talks in London, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses trade flat/lower following the fallout of the dramatic Trump-Musk spat, but with traders setting their sights on the US jobs report.USD is slightly firmer in what has ultimately been a week of losses for DXY. EUR is trivially softer vs. the USD. JPY is the laggard across the majors.USTs are a touch higher ahead of the US jobs report and following yesterday's ECB-led losses. Bunds are attempting to atone for yesterday's downside. Gilts are being led by the upside in German paper.Crude Futures are subdued amid a firmer Dollar and overall cautious risk tone heading into the US job. Spot gold and silver are largely treading water. Base metals are mixed.Looking head, highlights include US NFP, Canadian Jobs, Speakers include BoE's Pill.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

EU Trade Commissioner Sefcovic says he had constructive talks with USTR Greer; are advancing in the correct direction at "pace".US President Trump's order to increase steel and aluminium tariffs to 50% has taken effect, aside from the UK. The UK is still subject to 25% tariffs on steel, with the UK failing to get the 0% tariffs promised in the US ‘deal' implemented in time.European bourses climb higher and currently at session highs; US futures are modestly higher with some outperformance in the RTY.USD is incrementally lower/flat, whilst Antipodeans lead the G10 list.Bonds are weighed on by upward revisions to PMIs, Gilts lag after US metal measures.Crude tilts higher with US-Iran negotiations seemingly at a stalemate.Looking ahead, US Composite/Services PMI Final, US ADP National Employment, US ISM Services, BoC & NBP Policy Announcements, Fed Beige Book, Speakers including Fed's Bostic, Cook & US Treasury Secretary Bessent. Earnings from PVH & Dollar Tree.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

รายงานวิจัยนี้จาก Citi Research ให้ภาพรวมของ มุมมองการจัดสรรสินทรัพย์ทั่วโลก ณ เดือนพฤษภาคม 2568 โดยเน้นที่การเปลี่ยนแปลงของความกลัวในตลาดจากการ เกรงกลัวภาวะเศรษฐกิจถดถอย ไปสู่การ เกรงกลัวผลตอบแทนระยะยาวรายงานนี้ระบุว่าการให้ความสำคัญจากเรื่องภาษีเปลี่ยนไปสู่เรื่องนโยบายการคลัง ซึ่งอาจส่งผลต่อการปรับขึ้นของผลตอบแทนพันธบัตร รายงานนำเสนอ มุมมองการลงทุน ในหลากหลายสินทรัพย์ เช่น หุ้น (คงน้ำหนักการลงทุนเกิน), พันธบัตร(คงน้ำหนักการลงทุนต่ำในพันธบัตรรัฐบาลสหรัฐฯ และพันธบัตร Gilts ของสหราชอาณาจักร), สินเชื่อ (คงน้ำหนักการลงทุนเป็นกลาง แต่ชอบสินเชื่อกลุ่ม Investment Grade ของยุโรปมากกว่าสหรัฐฯ) และ สินค้าโภคภัณฑ์ (คงน้ำหนักการลงทุนเป็นกลาง) นอกจากนี้ ยังมีการ วิเคราะห์ปัจจัยต่างๆ ที่มีอิทธิพลต่อตลาด เช่น การตัดสินใจของธนาคารกลาง การไหลเวียนของเงินทุน และความสัมพันธ์ระหว่างสินทรัพย์ต่างๆ รายงานยังรวมถึง คำชี้แจงเกี่ยวกับความขัดแย้งทางผลประโยชน์ และการรับรองของนักวิเคราะห์

The EU set to focus on critical sectors in a bid to avoid US tariffs, according to Bloomberg sources.Stocks in the green and generally at session highs; NQ +1.7%.USD attempts to atone for recent losses, JPY weighed on by a pullback in domestic yields.Bonds bid and yields slump on MOF sources, Gilts outperform on this & reports that the UK will be shifting to shorter-term borrowing in order to lower its interest bill.Crude uneventful ahead of OPEC+ whilst precious and base metals slip.Looking ahead, US Durable Goods & Consumer Confidence, NBH Policy Announcement, Supply from the US, Earnings from AutoZone.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US House Speaker Johnson said a Thursday tax bill floor vote is still realistic.China's Commerce Ministry said US measures on China's advanced chips are typical of unilateral bullying and protectionism.Europe opened mostly lower but now trade mixed, US equity futures are in the red.USD remains out of love, GBP digests hot CPI data, EUR/USD back above 1.13.Bearish bias in play, Gilts lag after hot CPI, USTs await fiscal updates.Energy and gold boosted by reports Israel is preparing a possible strike on Iranian nuclear facilities.Looking ahead, G7 Central Bank and Finance Ministers Meeting, Speakers including ECB's Lagarde, Lane, Nagel & Cipollone, Fed's Barkin & Bowman, Supply from the US, Earnings from Snowflake, Zoom, Target, TJX, VF Corp & Medtronic.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Moody's lowered the US's sovereign rating from AAA to Aa1; Outlook Revised to Stable from Negative and warned of rising government debt and a widening budget deficit.US Treasury Secretary Bessent said countries will get a letter with a US tariff rate if they are not negotiating in good faith and he thinks that rate would be the April 2nd level.The House Budget Committee approved President Trump's tax cut bill to set up a possible vote as soon as this week.European bourses lower and US equity futures slip in an initial reaction to the latest Moody's downgrade; ES -1.2%.USD shunned as Moody's downgrade spooks markets, GBP cheers UK-EU "reset" deal.Moody start for bonds after the US downgrade, Gilts lag on Brexit updates and into 30yr syndication.Downbeat trade across oil contracts but precious metals lifted; spot gold eyes USD 3,250/oz.Looking ahead, US Leading Index Change, EU-UK Talks, Speakers including Fed's Bostic, Williams, Logan & Kashkari. Holiday Closure in Canada.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

White House Executive Order said US will cut the minimum tariff on China shipments from 120% to 54%, and a minimum flat fee of USD 100 is to remain.European bourses are modestly firmer while US futures dip into the red. Focus this morning has been on Bloomberg reporting, which suggests China is to lift its ban on Boeing deliveries after the US-China tariff pause.DXY takes a breather to the benefit of other G10s; Antipodeans lead.EGBs and Gilts hit marginal new WTD lows, USTs await CPI & Trump.A subdued Dollar provides some modest strength for XAU/base metals.Looking ahead, US CPI, Speakers including BoE's Bailey & ECB's Rehn.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European stocks are firmer across the board, whilst US equity futures trade cautiously ahead of US-China talks on the weekend.USD recovery pauses for breath, JPY outperforms whilst the Kiwi lags a touch.Marked divergence as EGBs & Gilts react in full to trade updates. USTs await a barrage of Fed speak.Softer intraday Dollar keeps commodities afloat for now.Looking ahead, Canadian Jobs, Speakers including BoE's Pill, Fed's Barr, Kugler, Perli, Williams, Goolsbee & Waller.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Equities complex broadly positive in anticipation of US President Trump's deal announcement; NQ +1.3%.DXY back above 100, EUR/USD slips onto a 1.12 handle, GBP eyes UK-US trade deal and BoE.Gilts edge higher into the BoE and Trump's announcement, USTs & Bunds slip slightly.USD pickup weighs on gold whilst crude remains focused on geopolitical developments.Looking ahead, US Jobless Claims, Wholesale Sales & NY Fed SCE, BoE Policy Announcement, BoE DMP, BoE's Bailey & BoC's Macklem, Supply from the US. Earnings from Coinbase, Cloudflare, Draftkings, Affirm, Shopify, ConocoPhillips, Warner Bros Discovery.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China's Ministry of Commerce confirmed US-China trade talks with Vice Premier He Lifeng to visit Switzerland from May 9th-12th and will visit France from May 12th-16th for economic and financial dialogue.PBoC Governor Pan announced to cut RRR by 50bps effective May 15th and to cut the policy interest rate by 10bps effective on May 8th with the 7-day reverse repo rate lowered to 1.40% and interest rates on Standing Lending Facility across all tenors lowered by 10bps. Pan stated that the policy rate cut will lead to a Loan Prime Rate cut of 10bps and the RRR cut will release about CNY 1tln in liquidity.European stocks mixed whilst US-Sino trade talks have been confirmed and as traders await the FOMC.USD stronger vs. peers as US-China meeting spurs trade hopes, JPY underperforms.Two way action for EGBs & Gilts but benchmarks ultimately firmer, aided by auctions. USTs more contained pre-FOMC.Crude firmer on China's monetary policy easing, US-China trade talks, and rising tensions between India and Pakistan.Looking ahead, Fed, NBP, CNB & BCB Policy Announcements, US Treasury Secretary Bessent, Fed Chair Powell's Presser, Supply from the US, Earnings from AppLovin, Carvana, Arm, DoorDash, AMC, Uber, Disney, Barrick Gold.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sentiment in the equities complex hit after HKMA said it has been lowering its duration in US treasury holdings; the exchange fund has been diversifying into non-US assets; ES -0.7%, NQ -1%.Germany's CDU leader Merz fails to be elected as Chancellor, a decision which has sparked pressure in European bourses leading to underperformance in the DAX 40.USD on the backfoot, JPY leads the majors, EUR upside stalled in reaction to Merz updates.Bunds boosted on Merz, though the move has since pared, Gilts underperform.Crude and gold remain firm amid escalating geopolitics.Looking ahead, US International Trade, Canadian Exports/Imports, NZ HLFS Unemployment Rate, EIA STEO, Comments from BoE's Breeden, Supply from the US. Earnings from AMD, Supermicro, Rivian, Tempus AI, Celsius, Datadog, Constellation Energy, UniCredit, Intesa Sanpaolo & Ferrari.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

China is said to be conducting an assessment on US trade negotiations and urged the US to demonstrate sincerity for trade talks, while it urged the US to correct mistakes regarding tariffs and noted it is currently evaluating possible US trade talks.US Secretary of State Rubio said the Chinese want to meet and talk, while he added those talks will come up soon and there's a broader question about how much we should buy from China going forwardJapanese Finance Minister Kato said Japan's huge US Treasury holdings are among the tools it can wield in trade negotiations with the US but added that whether Japan wields that card is a different question.European bourses are entirely in the green as the region returns from holiday; US equity futures gain, AMZN -2% & AAPL -2.7% pre-market.USD's recovery pauses for breath as markets brace for NFP, AUD outperforms.Gilts outperform, EGBs largely unaffected by HICP, USTs digest trade updates & Kato's remarks into NFP.Crude is on the backfoot, whilst XAU and base metals benefit from the softer Dollar.Looking ahead, US NFP & Durable Goods, Earnings from Exxon Mobil, Chevron, Apollo, Brookfield.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses modestly lower; US futures attempt to pare back Monday's hefty losses.DXY flat, USD/JPY fails to sustain a move below 140, EUR/USD back on a 1.14 handle as USD bounces off lows.Modest UST & Bund divergence while Gilts lag and hit lows on BoE's Greene, who highlighted that wage growth remains "pretty high".Spot gold briefly tested USD 3,500/oz before waning; industrial commodities mostly firmer.Looking ahead, Canadian Producer Prices, US Richmond Fed Index, EZ Consumer Confidence. Speakers including ECB's Knot, de Guindos, BoE's Breeden, Fed's Jefferson, Harker, Kashkari, Kugler & Barkin, Supply from the US, Earnings from Tesla, Verizon, GE Aerospace, Lockheed Martin, Danaher & Elevance.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses gain as they react to Trump's 90-day tariff pause whilst US futures wane.USD is softer vs. most peers as markets digest Trump's tariff walk back.“Beautiful” trade for USTs, Gilts bid but fading, Bunds languish in the red.Crude remains subdued while base metals surge and gold holds onto gains.Looking ahead, US CPI, US Jobless Claims, Chinese M2 Money Supply, Speakers including, BoE's Breeden, Fed's Logan, Bowman, Schmid, Goolsbee & Harker, SNB's Tschudin & Moser, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European indices hold a negative bias, airliners on the backfoot with Heathrow closed; US futures are also lower.USD is broadly firmer vs. peers with macro newsflow on the light side, but ahead of Trump-Hegseth meeting at 15:00GMT.Gilts underperform on more unfavourable developments for Reeves, Bunds bid.TTF ignites on Sudzha damage, base metals dented by the risk tone.Looking ahead, Canadian Retail Sales, EZ Consumer Confidence, CBR Policy Announcement, DBRS Credit Review on France, Quad Witching, Speakers including Fed's Williams & Waller.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European risk tone deteriorates with US futures also slumping into the red, potentially driven by EU fiscal focus, post-FOMC pullback and attention returning to tariffs/trade.USD up vs. peers, Antipodeans lags, EUR slides and GBP eyes BoE.Bonds are bid post FOMC & as the tone deteriorates, Gilts lead on data & reports around the Spring Statement.Crude succumbs to the risk-off sentiment, with base metals also heading lower.Looking ahead, US Philly Fed Index, Jobless Claims, Japanese CPI, BoE & SARB Policy Announcements, Speakers including ECB's Lane, BoC's Macklem. Supply from the US, Earnings from Jabil, Micron, Nike, FedEx.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Stocks gain with sentiment lifted after a strong Chinese session overnight and after the recent market turmoil.USD mixed vs. peers, GBP soft post-GDP, JPY weighed on by Rengo data, which showed average wage hike less than demands.Gilts gap higher on soft growth data while JGBs lift on Rengo.Spot gold makes a fresh record high above USD 3,000/oz; crude oil and base metals benefit from the risk tone.Looking ahead, US UoM Survey, Trump executive orders, Fitch to review France; US Government Funding Expires.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.EUR firmer post-German election, but off best levels, USD mixed vs. peers.Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists, Gilts await BoE speak.Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.Looking ahead, US National Activity Index, Speakers including BoE's Ramsden, Dhingra & BoC's Gravelle, Supply from the US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sentiment hit across markets after Ukrainian President Zelensky pushes back against US-Russian talks, with equities at fresh lows.USD a little firmer, NZD leads post-RBNZ, GBP contained after mixed inflation metrics.Crude firmer while aluminium spikes on EU's 16th sanctions package on Russia.Gilts lag after UK CPI, USTs await 20yr supply & FOMC Minutes, Bunds hit by hawkish ECB Schnabel comments.Looking ahead, highlights include FOMC Minutes (Jan), Comments from Fed's Jefferson, Supply from the US, Earnings from Etsy, Garmin, Wix.com, Analog, Carvana.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed with price action choppy; US futures gain a touch awaiting geopolitical updates as US and Russia begin Ukraine peace talks.USD is broadly firmer vs. peers, AUD bucks the trend after the RBA delivered a cautious cut.Gilts underperform on wage data though Bailey has pared some of this, EU joint issuance in focus.Crude and gold remain underpinned by geopolitics despite the firmer Dollar.Looking ahead, Canadian CPI, Japanese Exports/Imports, Speakers including ECB's Cipollone, Fed's Daly, Waller & Barr.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

A senior MP has backed calls to start automatically paying out hundreds of millions of pounds to young adults if they haven't claimed government-backed child trusts funds by the time they turn 21. Sir Geoffrey Clifton-Brown, who is also chair of parliament's Public Accounts Committee, says the move would help nearly half a million people born between 2002 and 2011 access one billion pounds of their own money that they don't even know about. The government says the idea would be complex and costly.There has been a lot of talk on the news about gilts and the bond market. We're joined by Russ Mould, the investment director of AJ Bell, to explain what a gilt is and whether you can buy one?There's less than three months left to boost your state pension by to filling old gaps in your National Insurance record. At the moment people who have not yet reached pension age and those already on the new state pension can fill gaps in their record back as far as 2006. From this April that window will be shut. What should you do, if you think you've got gaps to fill?And, the couple who boosted their income by more than a hundred pounds a week after listening to Money Box. Find out how they did it.Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 18th January 2025)

European bourses grind higher, US futures modestly in the green.USD marginally firmer, JPY softer and GBP knocked lower by disappointing retail sales.JGBs lag slightly on further BoJ reports, Gilts gapped higher on Retail Sales.Mixed trade in the base metal complex but crude stays firm.Looking ahead, US Industrial Production, CBO Budget and Economic Outlook, Comments from ECB's Cipollone, Earnings from SLB, Fastenal, Truist, State Street & Citizens.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses opened on a strong footing and remain at highs, with Tech and Luxury among top performers; US futures mixed whilst NQ leads.USD mixed vs. peers, JPY leads as BoJ hike bets mount after reports noted that BoJ is said to see a good chance of a January rate hike barring a major market rout, following Trump's inauguration.Gilts gap lower despite soft GDP, USTs await data and Treasury Secretary nominee Bessent's confirmation hearing.Crude takes a breather while base metals cheer risk appetite.Looking ahead, US Jobless Claims, Philly Fed Index & Retail Sales, ECB Minutes, NBP Policy Announcement, Treasury Secretary nomination hearing for Scott Bessent, Comments from BoC's Gravelle, Supply from the US, Earnings from UnitedHealth, Bank of America, Morgan Stanley, USB, PNC.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Stocks hold modest gains, FTSE 100 outperforms post-CPI; US bank earnings due.DXY lower ahead of US CPI, GBP resilient in the wake of soft inflation metrics, JPY leads.Gilts inflated by CPI, JGBs dented by Ueda & USTs await CPI.Choppy trade in crude while precious metals tilt higher and base metals trade mixed.Looking ahead, US CPI, OPEC MOMR, Fed Beige Book, Speakers including BoE's Taylor, Fed's Barkin, Kashkari, Williams & Goolsbee. Earnings from JPMorgan, Goldman Sachs, BlackRock, Citi, Wells Fargo, Bank of New York Mellon.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Sean Farrington has the latest as borrowing costs climb and the pound falls further. Plus will homeowners in California be able to afford insurance after the latest wildfires?

Equities continue to slip in a continuation of the downside seen following the strong NFP report.DXY is stronger and briefly topped 110.00, GBP remains the underperformer.Fixed benchmarks weighed on in a continuation of the post-NFP trade, Gilts hit another incremental contract low.Crude surges on US-Russia oil sanctions, with some choppiness surrounding Gaza ceasefire talks.Looking ahead, US NY Fed SCE.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

► Get a free share! This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply. When investing, your capital is at risk and you may get back less than invested. Past performance doesn't guarantee future results. ► Get 15% OFF Finchat.io: Huge thanks to our sponsor, FinChat.io, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at FinChat.io! https://finchat.io/playingftse/?lmref=iQl2VQ ► Episode Notes: What does a soup made of Irn Bru and gammon taste like? Find out on this week's PlayingFTSE Show! It's been a very mixed week in the stock market this week, with the FTSE 100 up but the S&P 500 down. But has which Steve has managed to stay ahead of both of them? The UK government has announced an investigation into the LISA to kick off 2025. But it's not yet clear what's going to change – the withdrawal costs, the house limit, or everything. Steve W has a LISA, Steve D does not. But what's the point of them when there are SIPP opportunities for UK investors with cash to invest for the long term?  Greggs has reported earnings this week and Steve W is confused. He didn't see this as a strong quarter with like-for-like sales weak from a company that's supposed to be resilient.  Everyone else seems to think otherwise, though. But they don't seem to be willing to buy the stock at the moment – so maybe it wasn't such a good report after all.  Christmas is now in the books and it's time to look at who did what on the retail front. Steve D's been looking at Tesco, Aldi, and Asda to see where people have been shopping.  The truth is, it's not really Asda. But Tesco looks like it continues to go from strength to strength, defending its market position well against the discounters.  B&M is another stock that fell sharply this week. But with a £151m special dividend and revenues continuing to grow, does a declining share price make any sense at all? Steve W thinks it does. A dividend cut and declining store performance doesn't paint a good picture, but the stock might be worth a look after losing another 11% of its market value. Who wants to buy bonds? Quite a few people, actually, but not enough to stop UK borrowing costs hitting their highest levels in over two decades.  Investors might be tempted to take a look at a very low-risk investment. But Steve and Steve are more interested in the implications for UK stocks… Only on this week's PlayingFTSE Podcast! ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show... ► Timestamps: 0:00 INTRO & OUR WEEKS 6:50 LISA BEING REVIEWED 13:41 GREGGS 20:07 WHO WON XMAS 33:27 B&M EUROPEAN VALUE 44:52 GILTS - THE ACTUAL STORY ► Show Notes: What's been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that's accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com ► Disclaimer: This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

European bourses trade choppy, US futures edge lower ahead of the US NFP report.USD eyes NFP, JPY boosted by BoJ source report, GBP unable to recoup lost ground.Fixed income a touch lower ahead of US jobs data, Gilts continue to underperform.Crude soars on geopolitical updates, Industrial commodities bolstered by Chinese commentary.Looking ahead, US & Canadian Jobs, US UoM Survey, Chinese M2 Money Supply, FDI, Loan Growth, Earnings from Tilray, Delta Air, Walgreens Boots Alliance & Constellation Brands.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed whilst US is away amid the National Day of Mourning in honour of President Jimmy Carter.Pound under pressure as Cable hangs by a thread; DXY broadly firmer vs peers (ex-JPY).Gilts gap lower and hit 89.00 but have since pared into an imminent parliamentary question, hefty European supply well received.Subdued trade in energy but base metals tilt higher.Looking ahead, Fed's Harker, Collins, Barkin, Schmid, Bowman and BoE's Breeden.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

La séance boursière a été agitée hier en Europe, où les indices ont décroché en milieu de journée sur des rumeurs prêtant à Donald Trump l'intention d'activer une loi de sécurité exceptionnelle pour ériger des barrières douanières massives face au reste du monde. Les remous sur le marché de la dette britannique n'ont pas aidé non plus. La bourse américaine sera fermée aujourd'hui pour les funérailles de l'ancien président Jimmy Carter.

European bourses are mixed, US futures gain slightly.USD remains soggy vs. peers, EUR digests CPI metrics, Antipodeans lead.USTs are contained into data, EGBs lift slightly on HICP, Gilts lag.A choppy start for crude while spot gold benefits from the broadly softer Dollar.Looking ahead, US ISM Services PMI, JOLTS Job Openings, International Trade, Canadian Imports/Exports, Comments from Fed's Barkin, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are generally in the green; the NQ outperforms, with Tech lifted after Foxconn reported record Q4 revenue.USD is on the backfoot which has helped to lift G10 peers, JPY underperforms.USTs are pressured ahead of 3yr supply; Gilts underperform after a survey showed that 55% of UK businesses intend to lift prices in the next three months (prev. 39%).Crude and gold are on the backfoot despite the softer Dollar.Looking ahead, German Prelim. CPI, US Services & Composite PMI (Final), Factory Orders, Comments from Fed's Daly, Supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly lower, US futures higher with modest outperformance in the NQ.Dollar is firmer and holding around 108.00, GBP little changed after UK shows no growth in Q3.Bunds & Gilts pressured in thin trade, USTs flat into data.Gas heats up on updates out of Qatar and Russia; Crude/XAU flat.Looking ahead, Canadian GDP (Oct), US Consumer Confidence & Durable Goods, supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European stocks tumble post-FOMC, MU -15% pre-market weighing on chip peers in Europe; US futures attempting to recoup yesterday's losses.USD gives back some of yesterday's post-FOMC gains, JPY hit after BoJ Governor Ueda's press conference.US yield curve steepens, JGBs outperform post-Ueda, Gilts lag pre-BoE.Crude lifts incrementally off Wednesday's lows, XAU fares better as the USD pauses for breath.Looking ahead, US Jobless Claims, Philly Fed Index, NZ Trade Balance, Japanese CPI, BoE, CNB, Banxico Policy Announcements, Earnings from Accenture, Cintas, Conagra Brands, Nike, FedEx, BlackBerry.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

#LondonCalling: Andrew Bailey and the Gilts of 2022.   @JosephSternberg @WSJOpinion 1817 CHARLES I

GOOD EVENING: The show begins in the markets, waiting on Jerome Powell to announce the direction of monetary policy.   1885 NYSE CBS EYE ON THE WORLD WITH JOHN BATCHELOR FIRST HOUR 9-915 #Markets: Bullish. Liz Peek, The Hill, Fox News and Fox Business 915-930 #Markets: Drones over the market. Liz Peek, The Hill, Fox News and Fox Business 930-945 #SYRIA: Pure Al Qaeda. Jonathan Schanzer, FDD 945-1000 #Cairo: Not cooperating still. Jonathan Schanzer, FDD SECOND HOUR 10-1015 #BERLIN: The government falls. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin. 1015-1030 #Berlin: Friedrich Merz, CDU. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin. 1030-1045 #LondonCalling: Syria go home? @JosephSternberg @WSJOpinion 1045-1100 #LondonCalling: Andrew Bailey and the Gilts of 2022. @JosephSternberg @WSJOpinion THIRD HOUR 1100-1115 1/2: #CANADA: Disorder Trudeau. Charles Burton, Synopsis, Ottawa. 1115-1130 2/2: #CANADA: Disorder Trudeau. Charles Burton, Synopsis, Ottawa. 1130-1145 #US: November 5, 2024 reestablished US supreme command. Gregory Copley, Defense & Foreign Affairs 1145-1200 #KING CHARLES REPORT: Andrew and the China agent. Gregory Copley, Defense & Foreign Affairs FOURTH HOUR 12-1215 #NewWorldReport: Lula's brain. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1215-1230 #NewWorldReport: Venezuela charm offensive. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1230-1245 #NewWorldReport: Good News Argentina. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis 1245-100 am #NewWorldReport: Promise for Paraguay. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis

European bourses are mostly in the red, but sentiment has improved a touch since the cash open; US futures modestly lower.DXY back above 107.00, GBP posted early gains after hot wages data.Gilts lag as UK wage data essentially removes any chance of a Dec. BoE cut ahead of CPI; USTs a little lower ahead of US Retail Sales.Commodities succumb to the tepid risk tone and ongoing USD strength.Looking ahead, US Retail Sales, Canadian Inflation, US Industrial Production, Japanese Trade Balance, NBH Policy Announcement, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Equities are entirely in the green as sentiment improves; NVDA earnings due after-hours.Dollar is back on a firmer footing, JPY underperforms and gives back the prior day's haven-induced strength.Bonds are on the backfoot, and with clear underperformance in Gilts after the region's hotter than expected CPI figures.Crude is incrementally firmer, XAU edges lower and base metals benefit from the risk tone.Looking ahead, ECB President Lagarde, de Guindos, BoE's Ramsden, Fed's Barr, Cook, Bowman & Collins, Supply from the US. Earnings from NVIDIA, Snowflake, Palo Alto, NIO, TJX, Williams-Sonoma.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed vs initially opening entirely in the red; US futures sit in negative territory.DXY is on the backfoot and holds around 106.50, JPY outperforms.USTs are under pressure in a continuation of the price action seen following a hawkish-leaning Powell; Gilts bid after the UK's downbeat GDP metrics.Crude is in the red, XAU is flat, whilst base metals hold a positive bias alongside the pullback in the Dollar.Looking ahead, US Retail Sales, Capacity Utilisation, BoC SLOS, Speakers including ECB's Lane & Cipollone, Panetta, Fed's Goolsbee, Collins & Williams, Barkin, Earnings from Alibaba.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses gain with clear outperformance in the Euro Stoxx 50, lifted by gains in ASML +5.2% after it reiterated its 2030 sales outlook; US futures are modestly firmer whilst the RTY outperforms.Dollar continues to extend gains having surpassed 107.00, USD/JPY tops 156.00.Bonds are subdued with slight underperformance in Gilts ahead of Fed Chair Powell and BoE Governor Bailey.Metals succumb to the Dollar strength while crude trades choppily in a tight range.Looking ahead, US Initial Jobless Claims, US PPI, Japanese GDP, ECB Minutes. Speakers include ECB's Lagarde, Schnabel, Fed's Powell, Barkin, Williams & Kugler, BoE's Bailey & Mann. Supply from the US. Earnings from Disney, Brookfield, Applied Materials & Advanced Auto Parts.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly on a modestly firmer footing; US futures are incrementally lower ahead of US CPI.Dollar is flat, JPY marginally underperforms with USD/JPY briefly topping 155.00.USTs are incrementally firmer and ultimately in stasis ahead of US CPI; Gilts continued to underperform.Crude and precious metals gain but base metals remain subdued.Looking ahead, US CPI, EIA STEO, Speakers including Fed's Logan, Williams, Musalem, Kashkari, Schmid & RBA's Bullock. Earnings from Cisco.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the red, with sentiment hit after China's NPC press conference disappointed markets; US futures remain flat.DXY is slightly firmer, with the JPY strong whilst the Antipodeans lag given the lack of fresh stimulus measures from China.Bonds are on a firmer footing, with modest outperformance in Gilts and as USTs await Fed speak from Bowman & Musalem.Crude oil, XAU and base metals are all on the backfoot, following the underwhelming Chinese NPC press conference.Looking ahead, Canadian Jobs, US UoM Inflation Prelim/Sentiment, Speakers including BoC's Gravelle, Fed's Bowman & Musalem.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mixed and trading tentatively on either side of the unchanged mark; US futures are incrementally firmer/flat.Dollar is slightly softer on US election day, Antipodeans benefit from constructive Chinese PMIs and Aussie was fairly unreactive to an unsurprising hold at the RBA.USTs are essentially unchanged, Bunds are pressured alongside Gilts; the latter was weighed on by its 2034 auction.Upward bias across industrials amid geopolitics and encouraging Chinese PMI data.Looking ahead, US International Trade, Canadian Exports/Imports, US ISM Services, NZ HLFS Jobs, BoC Minutes, BoJ Minutes, US Election, Speakers including ECB President Lagarde & Schnabel, Supply from the US, Earnings from Emerson Electric Co, Super Micro Computer & Global Foundries.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are entirely in the green alongside modest strength in US futures following post-earning strength in Amazon/Intel & ultimately outmuscling losses in Apple.Dollar is firmer, CHF sinks after the region's inflation data and JPY pares recent strength.Gilts continue to underperform with benchmarks generally softer pre-Payrolls.Crude is lower as risk-premium returns into the weekend though participants have NFP to navigate first.Looking ahead, US NFP, ISM Manufacturing PMI, Earnings from Ares Management, Dominion Energy, Charter Communications, Imperial Oil, LyondellBasell, Cardinal Health & Cboe Global Markets.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are mostly lower and US futures trade tentatively ahead of US CPI.DXY is flat, JPY outperforms following hawkish BoJ Himino commentary.USTs are modestly lower potentially pressured by FOMC Minutes/30yr concession; Gilts lag after IFS analysis.Crude is firmer, XAU gains and holds comfortably above USD 2600/oz and base metals are mostly in the green.Looking ahead, US CPI, Initial Jobless Claims, US Federal Budget, NZ Manufacturing PMI, Chinese M2 Money Supply, ECB Minutes, Tesla Robotaxi Event, AMD AI Event, Speakers including Fed's Cook, Barkin & Williams, Supply from US, Earnings from Delta.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are choppy and trading indecisively on either side of the unchanged mark, but the FTSE 100 outperforms; US futures are modestly lower.Dollar is firmer with G10s lower across the board to varying degrees; the Kiwi lags after the RBNZ delivered a widely expected 50bps cut and signalled the likelihood of further easing to come.Bonds are incrementally firmer, UK auction garnered solid demand but the tail was still large sparking some modest pressure in Gilts.Crude is firmer attempting to pare back the hefty losses in the prior session; XAU/base metals are modestly lower.Looking ahead, US Wholesale Sales, FOMC & NBH Minutes, Speakers including Fed's Bostic, Logan, Goolsbee, Jefferson, Barkin, Collins & Daly, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk