What’s going on here?
The FTSE 100 ticked up 0.2%, nearing its record high, as investors tuned into policy cues from Donald Trump after his White House return, all while trading volumes thinned due to a US holiday.
What does this mean?
Market watchers are focused on Trump’s upcoming executive orders on immigration, energy, and tariffs, with concerns that tariffs – especially those targeting China – might fuel inflation and slow global economic growth. Last week’s rally in global markets, driven by cooling inflation rates in the US and UK, has raised expectations for rate cuts by both the Federal Reserve and the Bank of England. Traders currently see an 81% chance of a 25 basis point cut by the BoE next month. While the FTSE 100 edged up, the midcap FTSE 250 slipped 0.6% after a four-day rally, reflecting mixed investor sentiment.
Why should I care?
For markets: Navigating presidential shifts and economic signals.
Trump’s policy…
