Economics

The team running J.P. Morgan Asset Management's natural resources fund has said the gold price is unlikely to surge ahead from current levels, as US monetary policy and a strengthening dollar continue to weigh on sentiment.

US markets continued to edge higher on Wednesday, despite the Federal Reserve's latest minutes suggesting an interest rate hike may come sooner than expected.

Global investors have been snapping up cheap Chinese stocks as signs of a banking collapse recede, but economic data remains mixed.

Two members of the Bank of England's Monetary Policy Committee voted for a 25bps rate hike this month, latest minutes show - the first call for hikes in over three years.

UK consumer price inflation assumed its downwards trajectory once more in July following a sharp spike the previous month.

Global markets have jumped and oil has hit a 14-month low as geopolitical tensions between Russia and Ukraine show signs of abating.

Asian markets enjoyed a mixed trading session at the start of the week, oscillating between gains and losses as the latest relief rally comes under pressure.

Tesco is coming under increasing pressure to slash its dividend in order to free-up cash to help it compete against low-cost rivals, with a leading shareholder speaking out over the weekend and analysts predicting a major cut to its payout.

UK GDP growth in Q2 has been revised up marginally by the Office for National Statistics (ONS).

It should be plain sailing for investors in shares this summer. The world economy is growing this year, and should do so again next year at a reasonable pace.