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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...
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Daily Market Brief July 20, 2023
20 July 2023: Headline inflation fell to 7.9% in June
Highlights Inflation fell in June, but rates will still rise UPS strike to cost the economy seven billion dollars...
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Daily Market Brief July 19, 2023
19 July 2023: Business leaders join with the PM to “turbocharge growth”
Highlights Insolvencies rise, as rate rises bite into the economy The economy is ignoring yield curve inversion… for now...
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Daily Market Brief July 18, 2023
18 July 2023: First predictions see BoE hiking by fifty basis points
Highlights The UK economy is expected to fall further behind the Eurozone in the coming years A UPS strike...
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Daily Market Brief July 17, 2023
17 July 2023: Inflation fall is unlikely to change BoE’s mind about further hikes
Highlights UK joins Indo-Pacific trade group UPS Strike may push the economy over the edge Industrial Production improves, but...