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Daily Market Brief August 7, 2023
7 August 2023: Falling inflation may be a pivot
Highlights Sterling rally to peter out The economy created 187k new jobs in July Data to be released this...
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Daily Market Brief August 4, 2023
4 August 2023: Bailey expects 5% inflation by October
Highlights Rates rise for 14th consecutive time ISM data points to softer jobs numbers Italian economist wants rate to...
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Daily Market Brief August 3, 2023
3 August 2023: Will today’s rate hike be the last?
Highlights Sunak switches to election mode Fitch says that the “polarisation” of U.S. politics is partly to blame for...
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Daily Market Brief August 2, 2023
2 August 2023: House prices continue to fall as mortgage rate rises bite into activity
Highlights Inflation may stall as Russia pulls out of its grain deal Manufacturing output remains in contraction Eurozone unemployment...
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Daily Market Brief August 1, 2023
1 August 2023: Consumer borrowing rises to five-year high
Highlights UK seeks energy independence Most economists believe that the economy is both healthy and resilient CPI remains unchanged...
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Daily Market Brief July 31, 2023
31 July 2023: Lenders are beginning to reduce mortgage rates
Highlights Bank names Bernanke to defuse criticism over its forecasting A soft landing? Prove it! Fears are growing that...
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Daily Market Brief July 28, 2023
28 July 2023: Majority of the Economic Council is against further rate hikes
Highlights The Economic Council advises against further rate hikes Economy grew at 2.4% in Q2 ECB hikes rates despite...
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Daily Market Brief July 27, 2023
27 July 2023: Government cheered by IMF review
Highlights Bank of England faces renewed pressure over a possible recession FOMC hikes again after a one-month pause Lagarde...
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Daily Market Brief July 26, 2023
26 July 2023: Three more hikes are expected this year
Highlights UK economy still “scraping the bottom”, according to the IMF FOMC about to shape G7 economies for the...
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Daily Market Brief July 25, 2023
25 July 2023: Bailey’s pay restraint warnings do not apply to BoE staff
Highlights Economic activity is falling as the economy stalls Service activity slows to a five-month low Weak Eurozone PMIs...
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Daily Market Brief July 24, 2023
24 July 2023: Bank expected to be wary of the recession threat
Highlights A recession remains a real danger Major banks are upgrading economic forecasts Core inflation is still a reason...
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Daily Market Brief July 21, 2023
21 July 2023: Bank of England may rue “what might have been”
Highlights Can Sunak still keep his promise? Two diverse economic views drive the market’s rate expectations The dollar’s weakness...