RBS Market Access SICAV - RBS Market Access Leveraged FTSE 100 Monthly Index ETF Capitalisation
RUKL----
BOE Mann : Recent geopolitical events have reinforced how exposed the UK economy is
Investinglive·- Bank of England Monetary Policy Committee member Mann emphasized the rising vulnerability of the UK economy to international shocks due to recent geopolitical events, necessitating a policy response. - He highlighted the complexities surrounding new financing sources and their impact on the UK's current account deficit, warning that tighter policy could trigger volatility in domestic financial conditions. - Mann noted that monetary policy cannot offset cost-push shocks from energy prices, making the trade-off between inflation and economic activity increasingly evident.FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss
Invezz·- The FTSE 100 Index declined for four consecutive days, closing at £10,225 due to surging UK bond yields and disappointing HSBC financial results. - UK bond yields, particularly the ten-year yield at 5.10% and the 30-year yield at 5.80%, are rising amid economic concerns and inflation, while HSBC's poor earnings report and significant losses further pressured the index. - The index has formed a double-top pattern, and technical analysis suggests a potential continued decline, with key support at £9,500 and resistance at £10,500.European Economic News Preview: UK Mortgage Approvals Data Due
rttnews·- The UK mortgage approval and final manufacturing PMI results will be released on Friday. - Nationwide house price data is expected to show a 2.2% year-on-year increase in April, consistent with March's growth rate. - Additionally, the final manufacturing PMI is projected to rise from 51.0 in March to 53.6 in April.