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02/07/2026
FTSE 100 today: Stocks slip ahead of BoE decision as oil tumblesBritish stocks traded lower on Thursday ahead of the Ban...
19/06/2026

FTSE 100 today: Stocks slip ahead of BoE decision as oil tumbles
British stocks traded lower on Thursday ahead of the Bank of England’s interest rate decision, as a sharp decline in oil prices weighed on heavyweight energy shares despite stronger-than-expected wage growth and an unexpected fall in unemployment.

Track the latest on UK markets on InvestingPro
As of 03:25 ET (07:25 GMT), the FTSE 100 fell 0.54%, underperforming its European peers. Germany’s DAX rose 0.46%, while France’s CAC 40 edged higher to 0.25% higher as investors welcomed signs of easing geopolitical tensions in the Middle East.

Official data showed average weekly earnings excluding bonuses held at an annual rate of 3.4% in the three months to April, above economists’ forecasts of 3.2%, while the unemployment rate unexpectedly fell to 4.9% from 5%. Total pay including bonuses rose 4.4% year-on-year, suggesting underlying wage pressures remain resilient.

The labour market report offered a mixed picture for policymakers. While wage growth remained stronger than expected, job vacancies fell by 19,000 to 707,000 in the three months to May, the lowest level since early 2021, and the claimant count increased in May, pointing to a gradual easing in labour demand.

Investor sentiment was also shaped by developments in the Middle East after the United States and Iran signed a 14-point agreement aimed at restoring Iranian oil exports, reopening the Strait of Hormuz and establishing a framework for a broader deal within 60 days.

Initial negotiations on implementing the agreement are expected to begin in Switzerland on Friday. The deal has been broadly welcomed by global leaders, with supporters arguing it could improve energy security and reduce risks to global trade routes.

18/06/2026

Musk is officially the world's first ever trillionaire. Since 2025, his wealth has grown by around $1 million per minute.

While many working people struggle with rising costs of living, more and more wealth is going to rich people like Musk. They use their power and influence in ways that often make life harder for ordinary people.

Tax the rich.

Canadian home sales rise in May as spring market gains momentumCanadian home sales increased in May after a slower begin...
16/06/2026

Canadian home sales rise in May as spring market gains momentum
Canadian home sales increased in May after a slower beginning to the spring market season, while prices declined slightly, according to data released Tuesday by the Canadian Real Estate Association.

Sales climbed 5.5% in May compared to April. On a year-over-year basis without seasonal adjustment, sales fell 5.1%.

The organization’s Home Price Index decreased 0.1% from the previous month and dropped 4.1% compared to the same period last year.

Garry Bhaura, chair of the Canadian Real Estate Association, said the spring market appeared to have started later than usual.

"Like the weather in many parts of Canada this year, the spring market appears to have been delayed by a month or so, but the May numbers left little doubt that activity is now picking up," Bhaura stated.

New property listings declined 1% on a monthly basis. The sales-to-new listings ratio increased to 49.2% from 46.2% in April, remaining below the long-term average of 54.8%.

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