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Daily Market Brief July 4, 2023
4 July 2023: The fifty-basis point hike brought a recession closer
Highlights A change of emphasis at the MPC Yield curve inversion deepest since 1981 The IMF Chief economist sees...
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Daily Market Brief July 3, 2023
3 July 2023: Bank of England risking “over-tightening”
Highlights Investors fearing inflation becoming “ingrained” in the economy Labour market driving economy and inflation Energy prices bring headline...
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Daily Market Brief June 30, 2023
30 June 2023: Bank of England won’t “sacrifice” workers
Highlights Rates will remain high for some time, warns the Bank of England Q1 GDP revised sharply upwards Eurozone...
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Daily Market Brief June 29, 2023
29 June 2023: The Bank of England needed strong response to May inflation report
Highlights Bailey continues the hawkish rhetoric Data released this month points to stronger than expected economy Italian Prime Minister...
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Daily Market Brief June 28, 2023
28 June 2023: Dhingra sees “glint of light” in fight against inflation
Highlights Economists predict the high for base rate will be 6.25% Consumer confidence at its highest level in over...
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Daily Market Brief June 27, 2023
27 June 2023: MPC voted 7-2 in favour of a 50-point hike
Highlights Hunt wants to get tough on overpricing Pace of growth is becoming more regional Fall in bank lending...
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Daily Market Brief June 26, 2023
26 June 2023: Sunak asks mortgage holders to “hold their nerve”
Highlights Bailey and Hunt were criticized for seemingly welcoming a recession Powell defends prudent pause Chaos in Russia is...
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Daily Market Brief June 23, 2023
23 June 2023: The Bank of England hikes rates by fifty basis points
Highlights At last! The Bank of England surprises the market The economy continues to grow, absorbing the brunt of...
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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...