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Daily Market Brief May 31, 2023
31 May 2023: Labour’s economic plan could turn out to be a disaster
Highlights Improvement in economy to be from “weak” to “fairly weak” Concern over employment report sees consumer confidence fall...
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Daily Market Brief May 30, 2023
30 May 2023: A recession is still possible in 2024
Highlights Three former MPC members predict a 6% base rate Biden predicts an economic “miracle” following debt deal Germany’s...
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Daily Market Brief May 26, 2023
26 May 2023: Can Sunak trust Bailey to deliver
Highlights Landlords fear defaults as interest rates lead to rent increases FOMC abandons united front Germany falls into recession...
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Daily Market Brief May 25, 2023
25 May 2023: Bailey may meet Sunak’s inflation goal!
Highlights Inflation falls, but less than expected Debt ceiling not a factor in dollar’s recent rise ECB policy may...
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Daily Market Brief May 24, 2023
24 May 2023: The IMF remains cool on tax cuts
Highlights The IMF sees no recession in the UK this year GDP growth at fastest rate in a year...
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Daily Market Brief May 23, 2023
23 May 2023: House prices reflect a more robust economy
Highlights UK house prices push higher How likely is the U.S. to default? Consumer Confidence moving slowly in the...
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Daily Market Brief May 22, 2023
22 May 2023: Inflation to fall quicker than wages
Highlights Inflation set to plunge Dovish Powell sees an end to hikes Greece returns to investment grade status GBP...
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Daily Market Brief May 19, 2023
19 May 2023: Bank of England needs to be careful about forward guidance
Highlights UK supply chains have reached a perilous condition A solution to the debt ceiling crisis won’t signal the...
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Daily Market Brief May 18, 2023
18 May 2023: More hikes in the pipeline if inflation becomes embedded
Highlights Bailey is concerned about a price wage spiral Possible solution to debt ceiling found Inflation unchanged despite ECB...
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Daily Market Brief May 17, 2023
17 May 2023: Average earnings are still too high for a Bank of England pause
Highlights Unemployment rate rises marginally as close to 47k join new claimants Manufacturing remains constrained but vehicle production is...
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Daily Market Brief May 16, 2023
16 May 2023: Supermarkets claim that food prices have peaked
Highlights March decline highlights the fragility of the recovery Gasoline price fall aids headline inflation to drop European Commission...
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Daily Market Brief May 15, 2023
15 May 2023: Hunt is still concerned about inflation
Highlights The economy grew by 0.1% in the first quarter Recession fears fading as industry takes on a bullish...