News · nbr.co.nz

UK economy expands ; Netflix to axe 1000 jobs

See the full story in the original article.

Read the original on nbr.co.nz ↗

Related tickers and likely impact

GBP/USD

▲ Likely positive

Relevance: medium

MarketCurrencies
Close on 10/14/20261.31962
Change that session-0.45%
GBP/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Gold Slips, Dollar Gains, Yields Edge UpYahoo Finance·▲ DXY▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDgoldUS dollarbonds
  • Will the Fed Raise Rates This Month? Here's What Markets Say.

    The latest CPI report showed September inflation came in hotter than expected: headline CPI rose 3.7% year over year and 0.6% from August, while core CPI rose 2.6% year over year and 0.3% monthly. This suggests the Fed could hike for a second straight time at its Oct. 27-28 meeting. However, futures traders price an 85.1% chance the Fed holds its rate at 3.75% to 4% in October and a 74.1% chance it resumes hiking in early December. The two-year Treasury yield has eased to 4.73% from 4.93% in September, signaling lower expectations for hikes, though it remains above the current rate. The author notes that stocks tend to perform better when the Fed moves slowly, and sees new Fed Chair Kevin Warsh, in the role since May, as an incrementalist.

    Yahoo Finance·▲ DXY▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDFedinterest ratesgold
  • Economic data spotlight : united kingdom inflation set to climb as BOE rate hike and autumn budget collideinvestinglive.com·▲ GBP/USD• DXYinflationinterest ratesUK
  • Andy Burnham confirms three plans for state pension under his premiership

    Andy Burnham has confirmed three changes to the state pension under his premiership, alongside Chancellor John Healey. The triple lock will stay until April 2030, after which the pension would rise by the higher of inflation or 2.5%, ending the link to average earnings. The government says the savings will fund a new National Care Service for older people, and that the pension will still hold its value relative to earnings over time. State pension age, currently 66, is set to rise gradually to 67, with a further increase to 68 planned. Healey will also honour the promise that people whose only income is the State Pension will not pay tax, though Martin Lewis has questioned whether this could create a cliff edge, and the changes still need new legislation.

    birminghammail.co.uk·• GBP/USDAndy BurnhamUKpensions
  • UK Gilts Gain as Some Investors Expect Healey to Maintain Fiscal Rules

    UK government bonds (gilts) gained as some investors expected Chancellor of the Exchequer John Healey to preserve Britain's fiscal rules in his October 28 budget. Healey has pledged to follow those rules while keeping a margin for uncertainty. Investors are watching upcoming UK labour-market, inflation, borrowing and retail sales data, along with the Office for Budget Responsibility's new forecast due on budget day. A Press Association review said a higher 2026-27 borrowing forecast could reduce Healey's room to respond to economic risks, while rate-market trading suggests a Bank of England cut at its November meeting is unlikely.

    econotimes.com·▲ GBP/USDGBPUSDbondsbudget
  • Consumer confidence slumps to lowest point in more than three years

    UK consumer confidence fell to its lowest level in more than three years in October, as inflation and fears of higher interest rates weighed on households, according to an S&P Global survey. The index slid for a third straight month to 41.3, the lowest since July 2023, with 57% of households expecting rates to rise. Households across all income brackets expected their finances to worsen, and both private and public sector workers reported weaker current finances, with public sector staff hit harder. Intentions to make big purchases were among the lowest in over three years, and pessimism about the labour market stretched into a fifth consecutive month. Economist Maryam Baluch said the government faces a tough task in setting the upcoming Budget, as the 'Burnham bounce' proved short-lived amid cost-of-living pressures from the Middle East.

    standard.co.uk·▼ GBP/USDUKinflationinterest rates

Related markets

Currencies →

Latest news

  • Amazon (AMZN) Stock Costs $250 a Share. Here's Why I'd Still Buy It.

    The article argues that Amazon, trading at about $250 a share, is still worth buying for the author, who would buy it if he did not already own it. The main reason is that the stock looks appealingly valued: its forward P/E of about 24 is well below its five-year average of 39, while its price-to-sales ratio of 3.6 is slightly above the five-year average of 3. Amazon ranked fourth in the 2026 Kantar BrandZ Global Top 100, with a brand value of $1 trillion, and its shares have averaged annual gains of 22% over the past 15 years. The author stresses that a stock's absolute price means little on its own, so investors should compare it with earnings and sales and research each company in depth.

    Yahoo Finance·▲ AMZNAMZNvaluationearnings
  • Amazon Just Made Its AI Chips Easier to Use. Should Nvidia Investors Be Worried?

    Amazon announced TorchNeuron, a free open-source tool that lets developers run existing PyTorch code on its Trainium chips with minimal changes, with a public beta due on Oct. 20. This challenges a key part of Nvidia's moat, because switching away from CUDA typically carries large costs in time and labor. However, the tool only covers PyTorch work, custom CUDA code will not port easily, and the release is still in beta, with the ease-of-switching claims coming from Amazon itself. Google is also developing a similar tool, TorchTPU. The author sees it as a chink in Nvidia's narrative and does not expect a major near-term effect on order flow or pricing power, but says the market may no longer pay quite the same premium for Nvidia stock.

    Yahoo Finance·▲ AMZN▼ NVDANVDAAMZNsemiconductors
  • Cisco Systems (CSCO) Unveiled 102.4T AI Networking Platforms

    Cisco Systems unveiled new AI networking platforms built on Silicon One P200, G300 and G302 switching chips, with 51.2T and 102.4T systems. It also introduced 1.6T optical modules and integrated liquid cooling aimed at high-density AI data centers, and disclosed a collaboration with NVIDIA, TE Connectivity and Amphenol to co-develop a 400Gb/s per lane USFP optical module and open specification. The company has a market cap of US$423.4b. The article says the launch supports Cisco's position as an AI networking provider competing with Arista and Juniper, but the richer hardware mix adds to margin pressure that has already contributed to non-GAAP gross margin compression.

    Yahoo Finance·
  • J.P. Morgan Stays Top of Extel’s All-America Equities Research Table

    Extel's 55th annual All-America Research Team survey ranks J.P. Morgan first in the research team table with 47 published positions, followed by BofA Securities with 44 and Morgan Stanley with 43. UBS posted the largest gain in positions, reaching 42 and climbing to fourth place. In the analyst leaders table, Jefferies takes first place with 43 positions, while UBS leads Extel's weighted ranking of research teams ahead of J.P. Morgan and Evercore ISI. The results reflect the views of 4,451 portfolio managers and analysts at 1,608 institutions across 60 sectors, with 129,919 votes counted. The number of participating institutions fell from 1,705 in 2025, but more firms now sit in the highest commission bands, rising to 89 from 82.

    Yahoo Finance·brokeragesJPMorganMorgan Stanley
  • Visa, Mesh partner to enable crypto spending at 175M merchant locations

    Visa and crypto payments network Mesh have partnered so users can spend cryptocurrency and stablecoin balances directly from participating digital wallets at merchants on Visa's network, without transferring funds to a bank account or using a separate crypto card. Merchants receive payments through Visa's existing network without changing their checkout systems. The network covers more than 175 million merchant locations in over 200 countries and territories, and participating wallets and launch dates will be announced later. Mesh will handle funding and conversion between crypto, stablecoins and fiat, as well as onboarding and KYC requirements. The partnership follows Mesh's September integration with Bybit Pay and its $75 million raise in January at a $1 billion valuation.

    Cointelegraph·• BTC/USDTcryptostablecoinscard payments
  • Top 3 Founder Led Stocks To Watch In October 2026

    The article presents three founder-led stocks from a screen: monday.com, Palantir Technologies and Figure Technology Solutions. monday.com has revenue of about US$1.37b and a market cap of US$3.8b. Palantir earns US$3.21b from Government customers and US$2.95b from Commercial clients, with a market cap of US$447.04b. Figure Technology Solutions reports US$619 million of revenue and a market cap of US$6.1b. The article argues that founder ownership can align leadership with long-term shareholder interests, but each stock depends on key assumptions to watch, such as customer expansion, pricing power or the pace of blockchain adoption. The full screen surfaced 26 more businesses with similarly strong founder ownership.

    Yahoo Finance·Palantirmonday.comsoftware

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.