Shell PLC

AstraZeneca

CRH Plc Sponsored ADR

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GlaxoSmithKline

Crescent Point Energy

VanEck Investment Grade Floating Rate ETF

Rocket Companies, Inc.

American Airlines

Haleon PLC

Franklin FTSE United Kingdom ETF

FLGB tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom.

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small Cap ETF

First Trust United Kingdom AlphaDEX Fund

iShares Currency Hedged MSCI United Kingdom ETF

Three of the FTSE 100's largest sectors are healthcare, energy, and natural resources, which together make up more than a third of the index's value. A much better way to value companies and indices is to compare their current price to their average earnings over a number of years.

My FTSE 100 CAPE Valuation And Forecast For 2023

While the jobs market is a lagging indicator of economic strength, the resilience of both vacancy and redundancy numbers suggest the impact of the forthcoming recession on the jobs market will be more modest than in some past recessions. The number of people economically inactive – that are neither employed nor actively seeking a role – is no longer increasing, and the worrying upward trend in long-term sickness levels appears to have tentatively reversed.

U.K. Jobs Market Remains Resilient Despite Incoming Recession

Despite a better-than-expected November GDP figure, UK growth prospects look challenging. The jobs market was a commonly cited reason in the FT survey for potential UK underperformance this year, and there's no doubt that Britain's situation looks somewhat unique.

Warnings Over Britain's 'Long' And 'Deep' Recession Are Exaggerated

The UK labour market continued to cool at the end of 2022, according to survey data compiled by S&P Global. Demand for staff has cooled sharply, reducing upward pressure on starting salaries such that pay growth is now broadly in line with its pre-pandemic five-year average.

U.K. Labour Market Cools As Recruitment Downturn Intensifies

Wage growth has moderated, dropping close to the pre-pandemic five-year average. Recruitment agencies in the UK reported a sharp fall in the number of people placed in permanent jobs for a second consecutive month in November.

Recruitment Downturn Signals Cooling Wage Growth In U.K.

Invesco CurrencyShares British Pound Sterling Trust

UK's Conservative Party is in the final stage of selecting a new leader, who will then be the next Prime Minister, following the resignation of Liz Truss after only 45 days on the job. The havoc in the bond market had a severe impact on Britain's pension funds.

The U.K. After 45 Days Of Chaos

After a few tumultuous weeks, British policymakers have unwound almost all the planned growth policies.

The Great British Turnaround

The UK government has announced it will make its energy price cap less generous from April next year. That could add 3pp to inflation for much of 2023, and depending on how the changes are made, could deepen the recession we're forecasting this winter.

U.K.'s Energy Cap U-Turn Risks Higher Inflation And Deeper Recession

Global X DAX Germany ETF

Xtrackers MSCI Europe Hedged Equity ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

Xtrackers MSCI Germany Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

WisdomTree Germany Hedged Equity Fund

WisdomTree Europe Quality Dividend Growth Fund

WisdomTree Europe Hedged SmallCap Equity Fund

iShares MSCI Germany ETF

iShares MSCI Germany Small Cap ETF

iShares MSCI Eurozone ETF

First Trust STOXX European Select Dividend Index Fund

First Trust Europe AlphaDEX Fund

First Trust Eurozone AlphaDEX ETF

SPDR EURO STOXX 50 ETF

First Trust Germany AlphaDEX Fund

Franklin FTSE Germany ETF

WisdomTree Europe Hedged Equity Fund

iShares Currency Hedged MSCI Germany ETF

iShares Currency Hedged MSCI Eurozone ETF

iShares Core MSCI Europe ETF

iShares MSCI Europe Small-Cap ETF

iShares Europe ETF

ALPS O'Shares Europe Quality Dividend ETF Shares

SPDR Portfolio Europe ETF

Vanguard FTSE Europe ETF

Bond markets appear to be disciplining policy inconsistencies, both within sovereigns and among them. Policymaking can be inconsistent in two ways: within a sovereign, between the fiscal and monetary authorities, and among sovereigns.

Schooling The Sovereigns

October's flash PMI data for the UK will be eagerly awaited, given the growing chorus of concerns regarding the country's economic health and financial market stability. The additional upward pressure on already-elevated interest rate expectations meanwhile drove a further spike in mortgage rates.

Upcoming PMI Data In Focus As U.K. Recession Risks Intensify Amid Market Turmoil

U.K. Prime Minister Liz Truss reversed course after plans for sweeping tax cuts sparked weeks of market turmoil, firing the finance minister behind the proposal and insisting the government will hew to “fiscal discipline.”

U.K. Government Reverses Course to Stabilize Financial Markets

Who is left who would want to buy stocks in London-traded companies?

Bet on a U.K. rebound with these 2 ETFs

The factors contributing to the highest inflation in the U.S. in decades are more entrenched in the U.S. economy than many investors realize, said Blackstone Inc. BX, +0.96% President and Chief Operating Officer Jonathan Gray during a Thursday interview with MarketWatch.

U.K. assets are ‘absolutely' a buy, says Blackstone's Jonathan Gray

After a mini-budget revision was announced, including elimination of the 45% income tax bracket, many financiers who would directly benefit were alarmed, oddly so. The pound depreciated to under $1.04 (before recovering), and the 10-year Gilt rate increased by over 1% (before recovering).

U.K. Macroeconomic Turmoil

Grave new concerns have taken over the headlines, triggering a sell-off in U.K. assets. Gilt yields are skyrocketing, and the pound is plummeting, even touching a record low against the U.S. dollar (USD).

U.K. Budget Experiment Tests Markets

UK Chancellor of the Exchequer, Kwasi Kwarteng, has delivered the biggest tax reduction since 1972, which amounts to GBP45 billion, or 1.5%, of GDP.

U.K. Tax-Cut Plan Induces Short-Term Pain In Debt Market, Inflation Fight

iShares MSCI Italy ETF

Franklin FTSE Italy ETF

iShares 10-20 Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF

UK rates haven't had a chance to fully digest the Bank of England's statement yesterday. We think hike expectations will persist, but there are other areas where the BoE and Treasury can restore confidence.

Rates Spark: Bank Of England Vs. The Market

Price action in UK gilts is going from bad to worse. A daunting list of challenges has arisen for sterling-denominated bond investors, and the Treasury's mini-budget has done little to shore up confidence.

A Perfect Storm For U.K. Gilts And FX

SPDR Solactive United Kingdom ETF

The recent announcement to introduce a £2,500 household energy cap takes some pressure off further rises in the short term.

Continued Challenges For U.K. Economy

The S&P Global/CIPS UK Composite PMI fell below the crucial 50.0 no-change mark during August for the first time in 18 months. A severe and accelerated drop in UK manufacturing output was joined by a near-stalled service sector.

U.K. Economy Slides Into Contraction In August, Prospects Darken

The latest UK jobs numbers present a complicated picture for the Bank of England. Job vacancies are falling but labour supply issues remain a challenge, even if there are some encouraging signs that migration is starting to recover.

U.K. Jobs Market No Longer Tightening As Hiring Demand Falls

The Bank of England recently hiked interest rates by 50 basis points, marking its biggest single rate increase since 1995.

Biggest Rate Hike in 27 years in U.K.: ETFs in Focus

UK economic growth slowed to a crawl in July, registering the slowest expansion since the lockdowns of early-2021. Business activity at UK private sector companies increased for the seventeenth month running in July, but the rate of expansion was the weakest over this period.

U.K. Economy Slows In July Amid Manufacturing Decline, But Price Pressures Ease

Boris Johnson has resigned as prime minister of the UK, which probably comes as not a huge surprise to most people, given he's been under pressure for quite some time.

Boris Johnson Resigns: What's Next For Markets?

The UK economy sustained a modest pace of expansion in June according to preliminary PMI survey data and also saw steady strong employment growth. Other forward-looking indicators also point to worsening growth in the coming months.

News for Franklin FTSE United Kingdom ETF ETF (FLGB)