UK economy faces stagflation risks, as Oracle’s stock continues to slide

The post UK economy faces stagflation risks, as Oracle’s stock continues to slide appeared on BitcoinEthereumNews.com.

As we end the week a few themes have emerged that could drive market sentiment as we move through to the end of the year. The UK’s economy is in an even worse position than first thought, the Fed could be done with easing at the same time as its back buying billions of dollars’ worth of Treasury bills, the ECB’s next move may be a hike, defense stocks are likely to remain in demand after the NATO chief said that Europe must prepare for war with Russia, and there are still concerns about the AI trade. Strong year for stocks, as Europe pulls ahead of the US Global stock markets are still pushing higher after a strong 2025 for returns. European and US stock markets are posting gains for the week so far, with European indices outperforming US indices for the second week of December. The Eurostoxx index is higher by more than 1%, the FTSE 100 is up 0.7%, while the S&P 500 is higher by 0.6%,m and the Nasdaq is up by 0.3%. European stock indices are higher today, however, US futures are pointing to a weaker open for the US markets later today. Market continues to shun Oracle, as AI fears build Second tier tech stocks weighed on the main US index on Thursday, including Oracle, which slid 10% on the back of disappointing earnings data and a lower-than-expected return from its AI spend. In pre-market trading, Oracle is lower once more on Friday. Robinhood Markets was also a drag on the index, and slid by 9%, as the lack of volatility in equity markets and the continued subdued performance in Bitcoin hurt trading volumes. This contrasted with a strong performance for cruise operators and credit card company Visa. This is further evidence that a new…