The Financial Times carries the piece on plans being prepared by Uk Chancellor Hunt, dubbed 'Austerity 2.0'.
- The UK will freeze daily spending on public services in real terms starting in 2025 for three years

The Financial Times carries the piece on plans being prepared by Uk Chancellor Hunt, dubbed 'Austerity 2.0'.
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Gold nears $3,640, up 40% YTD, as Fed rate cut bets boost its appeal. Goldman sees $5k target.
PBOC sets USD/ CNY reference rate for today at 7.1056 (vs. estimate at 7.1213) PBOC CNY reference rate setting for the trading session ahead.
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Standard Chartered sees Fed slashing rates by 50 bps in September on weak jobs report The bank says the Fed may need to act more aggressively to keep policy in step with a weakening economy.
Fed poised for rate cuts! Markets price 100% chance of 25bps easing. Powell's guidance key for investor sentiment. Watch yields!
PBOC is expected to set the USD/CNY reference rate at 7.1213 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
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