Elliot Smith is a reporter at CNBC and a Skegness native. With a British Journalism Award for Specialist Media in 2018, Smith has established himself as an expert in the field. His articles cover a range of topics including the UK economy, treasury yields, investor sentiment, global markets, and geopolitical events.
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International
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By: Jenni Reid, Elliot Smith
The U.K. economy recorded surprise growth in the second quarter as household consumption rose.
U.S. Treasury yields rose on Friday after the July consumer price index came in below expectations, with traders now looking ahead to wholesale inflation data.
Market participants are "overconfident" about their ability to predict the long-term effects of AI on company performance, according to Morningstar's Mike Coop.
Russian ruble slumps to near 17-month low, moves past 100 against the dollar
European markets are tracking cautious global sentiment as traders assess the future for monetary policy and fresh concerns about China's real estate sector.
Hong Kong's benchmark Hang Seng index closes in bear market territory
By: Elliot Smith
Stock markets were hit with a "perfect storm" this week as concerns about a Chinese economic slowdown and persistently higher U.S. interest rates rattled global sentiment.
By: Elliot Smith
Leaders from five developing nations accounting for nearly half the world's population are gathering in Johannesburg on Tuesday for the 15th BRICS Summit.
U.S. Treasury yields were higher at the long end of the curve as investors assess the outlook for interest rates ahead of the Fed's Jackson Hole symposium.
China's economic challenges have given rise to deflationary pressures that present a "global concern" and are likely to accelerate in the coming quarters, economists have suggested.
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