One week on from the Bank of England cutting the base rate we discuss why mortgage rates have gone up this week, as well as discussing the move higher in rates more broadly as well as the rise in the US dollar and bitcoin. There is also a look back at the trading updates from Burberry, AstraZeneca and Vodafone, as well as dive into the recent decline in the Lloyds Bank share price. We go on to look ahead to next week’s results from JD Sports, Walmart, and Nvidia.
This podcast episode with Michael Hewson for Good Money Guide, was kindly sponsored by Pepperstone, and co-hosted by Michael Brown, Pepperstone’s Cheif Market Analyst.
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Michael Hewson has over 30 years of experience in the financial markets and brings a wealth of expertise and a passion for stock market analysis to the Good Money Guide podcast. As the former Chief Market Analyst at CMC Markets, Michael led a talented team of in-house analysts, providing daily insights, research, and market commentary to both retail and institutional investors and traders, as well as being regulatory featured on the mainstream financial media worldwide like the BBC and Bloomberg.
Michael is renowned for delivering award-winning forecasts and timely, accurate analysis and was nominated twice in the City AM Award category of “Analyst of the Year” in 2019, and 2021, receiving a high commendation in 2019 for the coverage of Uber and Lyft IPOs and predicting that the Fed would cut rates that year.
Michael is committed to empowering traders and investors. With prestigious MSTA and CFTe credentials, he has been honored by CityAM, the Professional Trader Awards, and FXWeek for his contributions to the industry. His extensive media experience, spanning TV, radio, online, and live events, has made him a respected educator, dedicated to helping audiences make confident, informed decisions.
