UK Chancellor Reeves says it is not the time to put economic stability at risk
UK Chancellor Reeves' statement underscores a cautious approach to economic policy, emphasizing stability over aggressive measures.
Foxconn (2317 TT) Q1 2026 (TWD): Net Profit 49.92bln (exp. 48.88bln); Expects 2026 revenue to see strong growth Y/Y (prev. guided "strong" growth)
Iranian Foreign Minister Araghchi says although Iranian forces are ready to "deliver a crushing and devastating response to foreign aggressors", "We do not seek war", remarks made at BRICS summit
UK Chancellor Reeves says it is not the time to put economic stability at risk
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This sentiment could temper market expectations about future rate hikes and suggests a prioritization of fiscal prudence, impacting gilts and other fixed-income assets. Traders should watch for shifts in market sentiment regarding the UK’s economic outlook and rate path going forward.
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