The Bullhorn

The Federal Reserve stands still while the rest of the world spins — and possibly burns. On today’s Bullhorn Daily, we break down why US interest rates remain unchanged, what the latest Fed forecasts mean for 2025, and why Jerome Powell’s crystal ball is looking a little cloudy.

Meanwhile, markets are flinching at every word out of Donald Trump’s mouth as tensions between Israel and Iran escalate — and the US edges closer to involve...

President Trump exits the G7 summit with a warning for Tehran and markets recoil. We unpack how the escalating Middle East crisis is rattling investors, lifting oil, and souring global sentiment. Plus, US retail sales slump, airline shares dive, and the UK clinches a trade deal with Washington. From Wall Street to Westminster, here’s what you need to know.

📝 Show Notes:

• US stocks fell sharply Tuesday as President Trump called fo...

Global markets slipped and oil prices surged as Donald Trump abruptly departed the G7 summit and called for an evacuation of Tehran, reigniting fears of escalation in the Middle East. In today’s episode, we break down the geopolitical shockwaves, the oil market’s reaction, and why the FTSE is faring better than its European peers. Plus: a UK-US trade deal, Morgan Sindall’s earnings surprise, and Asia’s mixed day.

Show Notes:

• US f...

Wall Street rebounds and oil retreats as Iran signals a willingness to de-escalate. With missiles still flying, markets are betting on containment — not escalation. Meanwhile, retail sales roar back in China, and takeover talk fuels sharp moves in London and Europe.

We break down the day’s key moves across the U.S., Europe, and Asia — from the Strait of Hormuz to the FTSE and beyond.

📌 Show Notes

• Wall Street climbs as Middle East...

Markets tread water as trade talks resume in London. While chip stocks rally and crypto surges, China’s economic data casts a long shadow. We break down a cautious Monday across Wall Street, London, and Asia — where investors are watching every move in a fragile U.S.–China detente.

Plus: Apple disappoints, Spectris soars, and the Nasdaq edges closer to 20,000.

⏱ Show Notes / Timestamps

00:00 – Intro: Markets flat as U.S.–China trade t...

Stocks climb, growth shrinks. On today’s Bullhorn: Wall Street rallies to three-month highs, even as U.S. factory orders slump and global forecasts are cut. We unpack the OECD’s revised outlook, China’s factory contraction, and who’s leading and lagging across London, Europe, and Asia.

Tech, defence, and discount retail are up. Tariffs and uncertainty still loom.

• Intro: Markets rising despite growth headwinds

• Wall Str...

London markets closed higher Thursday after stronger-than-expected UK GDP growth and a flurry of upbeat corporate earnings. The FTSE 100 rose 0.6%, with Hikma, Serco, and Watches of Switzerland among the top gainers. But oil majors BP and Shell slipped as crude prices dropped amid speculation over US-Iran diplomacy.

In the US, mixed economic data and remarks from Fed Chair Powell on global volatility shaped investor sentiment. Retai...

London stocks held modest gains by midday Thursday as upbeat UK GDP data bolstered sentiment. Growth reached 0.7% in Q1, with strength in services and production offsetting weakness in education and telecoms. JD Sports, Serco, National Grid, and Aviva advanced, while 3i Group, BP, and Shell came under pressure.

Asian markets slipped as tech and property names sold off, though strong jobs data lifted Australia. China’s central bank m...

London opened flat on Thursday, but stronger-than-expected UK GDP growth in Q1 brought a brighter tone to the day’s economic headlines. Output rose 0.7%, well ahead of forecasts, driven by strength in services and production sectors. Meanwhile, Sage and National Grid posted upbeat earnings, and B&M named a new CEO.

In global markets, Wall Street’s tech rally continued as Nvidia and Super Micro soared on Saudi AI deals. Asia trad...

Wall Street closed mixed Wednesday as tech stocks extended gains on the back of lifted AI chip export restrictions. Nvidia, AMD, and Super Micro soared on news of major Saudi deals, while eToro made its Nasdaq debut and Boeing sealed a historic jet order with Qatar Airways. Meanwhile, US housing data remained solid, supporting broader economic optimism.

In London, Burberry led the FTSE with a 17% rally following a bold restructuring...

London stocks closed mixed Wednesday, with Burberry rallying over 17% on restructuring plans despite a full-year loss. Imperial Brands and Spirax-Sarco tumbled after underwhelming updates, while the broader European market softened amid weaker German inflation and summer booking concerns at TUI.

We also hear from BoE policymaker Catherine Mann, who warns of stubborn inflation despite this week’s rate cut. Plus: Wall Street tech stay...

Markets in London held flat by midday Wednesday, as investors weighed corporate shakeups, inflation concerns, and fresh momentum in global tech and Asian stocks. Burberry surged despite reporting a loss, unveiling a bold turnaround strategy under new CEO Joshua Schulman. Meanwhile, Marks & Spencer rebounded, and gains in Asia pointed to improving sentiment.

We also unpack the Bank of England’s cautious stance on interest rates, ...

London markets opened lower Wednesday as investors reacted to Burberry’s sharp swing into loss and cautious trading in global equities. Meanwhile, GSK secured a $2bn deal to expand its liver disease treatment pipeline, and Imperial Brands posted steady profits despite falling revenue.

We also cover Persimmon’s £100m broadband divestment, Compass Group’s slowing growth, and early signs of recovery at Marshalls. Plus: updates from Wal...

Markets closed with mixed results Tuesday as softer-than-expected US inflation data sparked hopes for rate cuts later this year. The Nasdaq surged while the Dow dipped, and the dollar weakened broadly. Meanwhile, UnitedHealth shares plunged on leadership changes, Nvidia soared on a major chip deal, and Goldman Sachs raised its S&P 500 targets alongside fresh growth forecasts.

We also cross to London, where the FTSE 250 advanced ...

The FTSE 100 dipped while the FTSE 250 advanced in a mixed session Tuesday, as traders digested fresh labor market data, corporate shifts, and a further easing in US-China trade tensions. China’s surprise move to lower tariffs on US goods helped lift Wall Street, but signs of a cooling UK job market tempered sentiment at home.

In this edition: UK unemployment hits 4.5%, retail sales bounce back, and sterling edges higher. We cover m...

Markets held steady at midday, with the FTSE 100 up slightly despite lingering caution over US-China trade and signs of UK labour market weakness. While the 90-day tariff truce initially lifted sentiment, investors are now weighing the long-term impact, including persistently high duties and global demand headwinds.

In this episode: the UK unemployment rate climbs to a post-2021 high, wage growth softens, and vacancies hit a three-y...

The FTSE 100 is expected to open 33 points lower after a strong start to the week, as investor appetite for risk moderates. Monday's rally—driven by US-China trade relief and strong gains in mining and tech stocks—is giving way to a more cautious tone.

In today’s episode, we recap Monday’s standout performers, including Raspberry Pi and Standard Chartered, and look at what’s driving the pullback. Plus: why defensive sectors may ...