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Daily Market Brief July 18, 2024
18 July 2024: Headline inflation remained at 2% in June
Highlights King’s Speech announces plans to boost the economy Manufacturing output beats estimates Inflation in June was 2.5% as...
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Daily Market Brief July 17, 2024
17 July 2024: Reeves urges the Bank of England to cut rates
Highlights The IMF predicts that the UK will have the fastest-growing economy in Europe Retail sales, ex-autos, grew by...
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Daily Market Brief July 16, 2024
16 July 2024: An economic boost is coming home, even if Football isn’t
Highlights The economy is beginning to show resilience Powell praises the Fed’s action in supporting the economy, despite inflation...
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Daily Market Brief July 15, 2024
15 July 2024: Starmer’s magic wand
Highlights Will the inflation data allow the Bank of England to cut rates immediately? The attempt on Trump’s life...
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Daily Market Brief July 12, 2024
12 July 2024: The “Tory legacy” gives Labour a boost
Highlights Growth boost sees sterling hit a one-year-high The FOMC is in wait-and-see mode Germany, France, and Italy need...
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Daily Market Brief July 11, 2024
11 July 2024: The UK launches a Public Wealth Fund
Highlights Mann reaffirms her hawkish views High mortgage rates have discouraged refinancing Significant doubts remain about loosening monetary policy...
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Daily Market Brief July 10, 2024
10 July 2024: Haskell demands rates stay elevated
Highlights The IMF predicts 0.7% growth this year and 1.5% next Powell tells Congress that the economy is no...
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Daily Market Brief July 9, 2024
9 July 2024: How will Labour forge a new relationship with Europe?
Highlights The Chancellor announces new building plans Can Powell rock the markets? Political uncertainty remains GBP – Market Commentary...
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Daily Market Brief July 8, 2024
8 July 2024: The UK has a minority Government!
Highlights Is Starmer about to “court” Europe Jobless numbers show that the economy is slowing The Left springs a...
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Daily Market Brief July 5, 2024
5 July 2024: Starmer to be the new Prime Minister
Highlights A Labour Landslide Economists are content with a gradual slowdown Political turmoil may “sink” the French economy GBP...
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Daily Market Brief July 4, 2024
4 July 2024: A stronger economy may delay a cut
Highlights Its D(ecision) Day The labour market is slowing, but not enough for the Fed Producer prices show that...
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Daily Market Brief July 3, 2024
3 July 2024: Economic growth is the very definition of irony
Highlights The cost of living and funding for public services are the main topics for voters Powell sees inflation...