"financial news"
סינון לפיAs the autumn statement approaches, join our experts as they discuss potential budget impacts on the UK economy. Get insights on Chancellor John Healey's plans! 📊 For more updates, visit https://bbc.in/bbcnews. Don't miss out on the latest news! 📱
In this episode, Adam, Alex, Chris, and Faisal gather in the studio to analyze the upcoming budget and its implications. With just days to go, the speculation is high, and the stakes are even higher for the UK economy. What can we expect from the Chancellor's announcements?
Stay tuned as we break down the key issues and provide expert commentary on the financial landscape. This is your go-to source for understanding the budget's potential effects on various sectors and the public.
0:00 Introduction
1:30 Chancellor's budget overview
3:45 Economic implications
5:00 Expert predictions
6:30 Conclusion
Oil prices have surged to a five-month high, above $US114 per barrel, on concerns the US will start attacking Iran again after the November mid-term elections. It's raising concerns about stubborn inflation and further interest rate hikes.
Those concerns led to a sharp fall in the gold price and a sell-off across AI-centric markets like Wall Street's Nasdaq 100, which plunged by almost 3 per cent.
In a rising interest environment, investors are getting worried about the huge spending and increasing debt levels of Microsoft, Meta (Facebook), Alphabet (Google), Oracle, Amazon and other AI 'hyperscalers'.
The Australian share market finished trading practically flat.
Presented by David Chau.
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Read more here: https://www.abc.net.au/news/20....26-10-23/asx-markets
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