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topicnews · October 25, 2024

Mikey Moore could start for Spurs at Crystal Palace while Son Heung-min struggles

Mikey Moore could start for Spurs at Crystal Palace while Son Heung-min struggles

Reuters Videos

Business Lookahead: Ready for an action-packed week?

STORY: From U.S. jobs data to the aftermath of Japan’s snap elections, these are the stories to watch in the economic and financial space in the coming week.:: Outlook:: Megacaps, then JobsIt’s been a week full of US profits with five of them The “Magnificent Seven” announce quarterly results: Alphabet, Microsoft, Meta Platforms, Apple and Amazon. Important labor market data is expected on Friday. They will be released just before the US election on November 5th… and there is potential for the Federal Reserve to cut interest rates by 25 basis points two days later.:: Election fallout in JapanJapanese stocks suffering from uncertainty over the outcome of Sunday’s election , are in retreat. If the Liberal Democratic Party stays in power but loses it should it have an absolute majority, it may have to take on another coalition partner. That could force Prime Minister Shigeru Ishiba to shelve some anti-market measures he favors. The Bank of Japan is expected to remain firm at its meeting, which ends on Thursday. :: Budget day in Great Britain: The new British Labor government will present its first budget on Wednesday. Finance Minister Rachel Reeves announces large debts, public spending commitments and a promise not to increase income tax. Markets fear additional borrowing and tax increases on capital gains and dividends and inherited wealth.:: Euro problemsThe euro recorded just four up days last month – one of its worst runs ever and its weakest performance since the sovereign debt crisis in May 2012. As the currency bloc’s economy plunges into If the European Central Bank falters, the bank is expected to further cut its interest rates. European powerhouse Germany is deteriorating faster than any other industrialized country… and next week brings data on growth and inflation that is unlikely to be reassuring.