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Daily Market Brief July 26, 2024
26 July 2024: Mortgage rates are beginning to fall
Highlights A rate cut next week is growing in popularity The economy grew by 2.8% in Q2 Germany and...
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Daily Market Brief July 25, 2024
25 July 2024: Saunders expects taxes to rise
Highlights Growth is continuing to gather pace Musk believes that the U.S. is “going bankrupt” The German economy slips...
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Daily Market Brief July 24, 2024
24 July 2024: Wages are still a “stumbling block”
Highlights The Aerospace sector has returned as a major contributor to the economy Existing home sales slump brings a...
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Daily Market Brief July 23, 2024
23 July 2024: Dhingra is “canvassing hard” for a cut
Highlights Hunt denies that Brexit has “battered” the UK economy The FOMC retreats into “blackout” mode The overall Eurozone...
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Daily Market Brief July 22, 2024
22 July 2024: Haskel remains a hawk until the end
Highlights Inflation has become “boring” again What will convince the FOMC to cut rates? Lane is supported for the...
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Daily Market Brief July 19, 2024
19 July 2024: Labour has inherited an economy “on the up”
Highlights Jobs data cools Sterling’s advance The Fed has not learned its lesson A September hike is “wide open”...
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Daily Market Brief July 18, 2024
18 July 2024: Headline inflation remained at 2% in June
Highlights King’s Speech announces plans to boost the economy Manufacturing output beats estimates Inflation in June was 2.5% as...
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Daily Market Brief July 17, 2024
17 July 2024: Reeves urges the Bank of England to cut rates
Highlights The IMF predicts that the UK will have the fastest-growing economy in Europe Retail sales, ex-autos, grew by...
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Daily Market Brief July 16, 2024
16 July 2024: An economic boost is coming home, even if Football isn’t
Highlights The economy is beginning to show resilience Powell praises the Fed’s action in supporting the economy, despite inflation...
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Daily Market Brief July 15, 2024
15 July 2024: Starmer’s magic wand
Highlights Will the inflation data allow the Bank of England to cut rates immediately? The attempt on Trump’s life...
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Daily Market Brief July 12, 2024
12 July 2024: The “Tory legacy” gives Labour a boost
Highlights Growth boost sees sterling hit a one-year-high The FOMC is in wait-and-see mode Germany, France, and Italy need...
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Daily Market Brief July 11, 2024
11 July 2024: The UK launches a Public Wealth Fund
Highlights Mann reaffirms her hawkish views High mortgage rates have discouraged refinancing Significant doubts remain about loosening monetary policy...