UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) UK Wage Growth leaves the BOE with an inflationary headache.

(2) China's economy bounces back as consumers splash the cash.

(3) Deposit outflows top $60bn at key US lenders as customers hunt for better returns.

(4) Apple teams up with Goldman to offer market-leading savings rates.

(5) Blackrock advises investors to ditch the 60/40 portfolio to navigate higher interest rates.

See omnystudio.com/listener for privacy information.

Episoder(1039)

Putin Talks Tough & Odey Suspends Flagship Fund

Putin Talks Tough & Odey Suspends Flagship Fund

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Putin Under Pressure & HSBC Moves London HQ

Putin Under Pressure & HSBC Moves London HQ

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26 Jun 202317min

Bloomberg Daybreak Weekend: Stress Tests, PBOC, Sintra

Bloomberg Daybreak Weekend: Stress Tests, PBOC, Sintra

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a look at big bank stress tests, a trip to Sintra, the Chinese econ...

24 Jun 202335min

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UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

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23 Jun 202316min

The BoE Gets Set For A 13th Hike & Time Running Out For Titanic Sub Rescue

The BoE Gets Set For A 13th Hike & Time Running Out For Titanic Sub Rescue

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank Of England gets set for a 13th consecutive rate rise. (2) The Fed's Powell indicates that two more...

22 Jun 202316min

UPDATE: Traders Price 6% Rates On Hot UK Inflation & Sounds Heard In Titanic Search.

UPDATE: Traders Price 6% Rates On Hot UK Inflation & Sounds Heard In Titanic Search.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK inflation came in hotter than expected in May, with traders now pricing in a peak of 6% in Bank of Engla...

21 Jun 202317min

Biden Likens Xi To A Dictator & Noises Detected In Titanic Sub Search

Biden Likens Xi To A Dictator & Noises Detected In Titanic Sub Search

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Pressure grows on the Bank of England ahead of today's inflation print. (2) Biden says Xi was like a dictat...

21 Jun 202316min

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A 6% Bank of England policy rate would lead to a 2% drop in UK GDP, according to Bloomberg Economics. (2) A...

20 Jun 202316min

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