This video from Interactive Investor's Victoria Scholar highlights key market indicators affecting UK markets: SSE's positive earnings forecast despite rising bond yields impacting the utility sector, the British Retail Consortium's shop price inflation data showing how retailer discounts and weak consumer demand can counteract inflationary pressures from global events like the Middle East conflict, and UK Nationwide house price data indicating resilience despite rising mortgage rates since the conflict began.
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This week's biggest market moversAdded:
Here are the market movers investors like you can look out for this week. SSE prepares to deliver its full year results on Thursday. The utility company is in a positive position having raised its earnings forecast in April and announced a major investment plan in November. However, the utility sector has been hit lately by rising bond yields. Tomorrow brings the latest British Retail Consortium's shop price inflation reading.
>> [music] >> The war in Iran is expected to increase inflationary pressure, but so far retailer discounts and weak consumer demand have kept a lid on shop prices.
[music] And on Friday, we get the latest UK Nationwide house price data for May.
Last month, house prices remained unexpectedly resilient, [music] but rising mortgage rates since the start of the Middle East conflict are likely to take their toll. For more insight, visit ii.co.uk and click on news and we'll see you next time.
>> [music]
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