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UK Inflation Jumps as Labour Tax Hikes, ASML Falls Most Since April | The Opening Trade 07/16
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July 16, 2025
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1:35:37Now PlayingUK inflation unexpectedly rose to its highest level since January 2024 as the Labour government’s budget pushed up grocery bills, keeping pressure on the Bank of England as it looks to dial down interest rates.
ASML shares plunged the most since April after Chief Executive Officer Christophe Fouquet walked back the company’s growth forecast for next year, blaming trade disputes and global tensions. ASML has fallen 34% in the last year.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Kriti Gupta.
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