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Daily Market Brief August 5, 2024
5 August 2024: Reeves may ignore another pledge
Highlights Starmer hits the Tech sector hard The FOMC may have lost the opportunity to move at its own...
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Daily Market Brief August 2, 2024
2 August 2024: 5-4 vote in favour of a rate cut
Highlights The Bank of England has cut the base rate to 5% Jobless claims jump close to 250K Economic...
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Daily Market Brief August 1, 2024
1 August 2024: Hunt accuses Labour of “betrayal”
Highlights Taxes are going to rise in October, but which ones? The FOMC left rates unchanged but Powell hints...
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Daily Market Brief July 31, 2024
31 July 2024: Labour is in rebellion already
Highlights Labour’s assault has begun Job openings fell slightly in June Overall Eurozone growth was better than expected in...
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Daily Market Brief July 30, 2024
30 July 2024: Hunt is chastened by the “black hole”
Highlights Reeves pulls the trigger If economic performance were an Olympic sport, the U.S. would win gold Economic performance...
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Daily Market Brief July 29, 2024
29 July 2024: “Tax raids” are expected
Highlights Labour believes it has found a £20bn black hole EVs are making a “significant contribution” to the economy...
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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”...