Chancellor of the Exchequer Philip Hammond’s first detailed economic plan is aimed squarely at households and British businesses.
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Although the polls suggest that Clinton and the Democrats could still take the White House, the polls have narrowed in recent days, which must be worrying for the Clinton camp. This is being reflected in the financial markets, where the stock markets have been stuck in a directionless range (see more below), and Treasury yields have broken back above the key 1.8% level.
Apple shares have recouped fairly steadily since finding a floor in July some 30% lower than April 2015 all-time highs. The likeliest reason for this is the gradual rebasing of investor expectations as the market reconciled itself to the group selling ‘just’ 40-50 million iPhones a quarter after sales of its flagship product failed to grow for the first time ever in its April quarter.