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Daily Market Brief July 10, 202310 July 2023: Bailey plays down Brexit as a factor in inflationary pressures
Highlights No tax cuts before the election The job market is cooling but remains strong Lagarde wants rate to...
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Daily Market Brief July 7, 20237 July 2023: BoE Governor slams retailers for overcharging
Highlights Housing market is taking a hammering Rate hikes labelled a “silent killer” Data shows economy has fallen into...
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Daily Market Brief July 6, 20236 July 2023: 6%, the new normal for mortgage rates
Highlights Another week, another predicted high for interest rates FOMC reinforces rate hike expectations Producer prices turn negative GBP...
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Daily Market Brief July 5, 20235 July 2023: Five-year fixed rate mortgage rate averages above 6%
Highlights The UK is the only major economy where inflation is still rising Commercial real estate woes may reignite...
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Daily Market Brief July 4, 20234 July 2023: The fifty-basis point hike brought a recession closer
Highlights A change of emphasis at the MPC Yield curve inversion deepest since 1981 The IMF Chief economist sees...
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Daily Market Brief July 3, 20233 July 2023: Bank of England risking “over-tightening”
Highlights Investors fearing inflation becoming “ingrained” in the economy Labour market driving economy and inflation Energy prices bring headline...
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Daily Market Brief June 30, 202330 June 2023: Bank of England won’t “sacrifice” workers
Highlights Rates will remain high for some time, warns the Bank of England Q1 GDP revised sharply upwards Eurozone...
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Daily Market Brief June 29, 202329 June 2023: The Bank of England needed strong response to May inflation report
Highlights Bailey continues the hawkish rhetoric Data released this month points to stronger than expected economy Italian Prime Minister...
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Daily Market Brief June 28, 2023
28 June 2023: Dhingra sees “glint of light” in fight against inflation
Highlights Economists predict the high for base rate will be 6.25% Consumer confidence at its highest level in over...
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Daily Market Brief June 27, 202327 June 2023: MPC voted 7-2 in favour of a 50-point hike
Highlights Hunt wants to get tough on overpricing Pace of growth is becoming more regional Fall in bank lending...
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Daily Market Brief June 26, 202326 June 2023: Sunak asks mortgage holders to “hold their nerve”
Highlights Bailey and Hunt were criticized for seemingly welcoming a recession Powell defends prudent pause Chaos in Russia is...
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Daily Market Brief June 23, 202323 June 2023: The Bank of England hikes rates by fifty basis points
Highlights At last! The Bank of England surprises the market The economy continues to grow, absorbing the brunt of...
Market Commentary
