UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’
BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMT
Source: The GuardianRead original article →
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Key Indicators
Core economic metrics updated hourly
CPIN/AFLATConsumer Price Index (FRED)
Fed RateN/AFLATEffective federal funds rate
DXY98.44+0.4%US Dollar Index
S&P 5007,201+0.4%Broad market index
News
Real-time business headlines
UK car sales jump in April as two millionth EV registered; Rachel Reeves ‘clashed with Scott Bessent’ over Iran war criticism – business live
Rolling coverage of the latest economic and financial news
Source: The GuardianRead original article →
HSBC profits fall amid $400m fraud-related charge and Iran war
London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict
Source: The GuardianRead original article →
Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault
In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflation
Source: The GuardianRead original article →
Vodafone to take full control of UK mobile operator in £4.3bn deal
Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolio
Source: The GuardianRead original article →
Signals
US CPI (Index)INFLATION
N/A0.00
Data unavailable.
Fed Funds RateRATE
N/A0.00
Data unavailable.
DXY (Dollar Index)FX
98.44+0.37
Dollar Index at 98.44 (+0.37% vs prior close).