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Daily Market Brief June 24, 2024
24 June 2024: The rate vote was again “finely balanced”
Highlights Is there going to be a summer economic boom? Is America’s stimulus-driven shopping spree ending? Business activity slows...
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Daily Market Brief June 21, 2024
21 June 2024: The MPC leaves rates unchanged
Highlights The door is ajar to a rate cut in August Fed Officials are still hawkish about inflation falling...
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Daily Market Brief June 20, 2024
20 June 2024: No rate cut despite inflation fall
Highlights Inflation returns to 2% Fed trying to “straddle the economy” National debt levels are concerning the ECB GBP...
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Daily Market Brief June 19, 2024
19 June 2024: The base rate is currently set in stone
Highlights A 7-2 majority in favour of leaving rates unchanged is expected tomorrow Banks differ on the fate of...
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Daily Market Brief June 18, 2024
18 June 2024: Minimum wage increase hitting hiring
Highlights The economy is weakening under the weight of inflation Retail sales will provide a guide to the prospect...
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Daily Market Brief June 17, 2024
17 June 2024: There will be no pre-election rate cut
Highlights No rate cut is expected this week Trump’s campaign casts a massive shadow The French crisis may lead...
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Daily Market Brief June 14, 2024
14 June 2024: The BoE is prepared to wait for inflation to fall
Highlights Wealth creation is a priority for Labour The Fed has toughened its stance on rate cuts The eurozone...
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Daily Market Brief June 13, 2024
13 June 2024: Banks are desperate to lend to homebuyers
Highlights The economy flatlined in April, in a blow to Sunak’s hopes The market overreacted to a marginal fall...
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Daily Market Brief June 12, 2024
12 June 2024: The jobs market is strengthening
Highlights Average earnings were unchanged in May The U.S. is supporting global growth Lagarde believes there is no limit...
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Daily Market Brief June 11, 2024
11 June 2024: Wage increases need to moderate to allow inflation to fall
Highlights Sunak is still on the ropes Has the Fed waited too long to cut rates? The Euro slumped...
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Daily Market Brief June 10, 2024
10 June 2024: Sunak sorry for yet another gaffe
Highlights Immigration has made an ironic contribution to GDP since 2010 Employment is still “red-hot” ECB rate cut to...
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Daily Market Brief June 7, 2024
7 June 2024: Services output is growing at a reasonable rate
Highlights The British economy is set to grow faster than expected – Chamber of Commerce The U.S. economy is...