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Daily Market Brief June 22, 2023
22 June 2023: Sunak and Starmer clash over inflation
Highlights May inflation “bakes in” today’s hike Powell believes that interest rate pause is temporary Is eurozone inflation really...
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Daily Market Brief June 21, 2023
21 June 2023: UK 27th in OECD investment rankings
Highlights Chronic underinvestment could plague the economy “for years” Another hike is likely as core inflation remains at an...
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Daily Market Brief June 20, 2023
20 June 2023: Bank of England is losing the battle with rising inflation
Highlights Consumer leads the economic recovery Fed opens door to further hikes in H2 Lagarde pushes her dominance of...
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Daily Market Brief June 19, 2023
19 June 2023: The Bank of England is failing its most important test
Highlights Soaring mortgage costs threaten a recession Biden considers tax rises, while Trump concentrates on the economy Is the...
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Daily Market Brief June 16, 2023
16 June 2023: Post-pandemic hospitality recovery delivers a huge boost to services output
Highlights “End of the line” for Johnson as he is branded a liar and likely banned from Parliament Economy...
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Daily Market Brief June 15, 2023
15 June 2023: Bailey is in the firing line, but his options are limited
Highlights Expectations for growth clouded by continued rate hikes Economy may now be heading for a soft landing, but...
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Daily Market Brief June 14, 2023
14 June 2023: BoE – First to start, last to finish
Highlights Bailey blames early retirement for the tight labour market Inflation falls to half the level it was a...
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Daily Market Brief June 13, 2023
13 June 2023: MPC member sees more rate hikes
Highlights Brush with recession to galvanize investment Retreating oil price is a red flag for recession No pause in...
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Daily Market Brief June 12, 2023
12 June 2023: BoE under threat from Labour Government
Highlights Outlook for post-election has become bleak FOMC expected to pause, inflation doubts remain Eurozone heading for a hard...
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Daily Market Brief June 9, 2023
9 June 2023: Sunak meets Biden and agrees “trade deal lite”
Highlights Diesel plunge good news for headline inflation Cities face key issues if workers continue to work remotely GDP...
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Daily Market Brief June 8, 2023
8 June 2023: BoE may be forced to cut rates before year-end as recession beckons
Highlights UK has the highest inflation and close to the slowest growth in G7 Yellen sees inflation slowing as...
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Daily Market Brief June 7, 2023
7 June 2023: Is the 2% target now unreachable?
Highlights Sunak wants big tax cut to woo voters Economy is in a rut despite jobs data Weak data...