Bank of England Preview – 25 and Priming the Markets for a Pause
We expect the Bank of England (BoE) to hike the Bank Rate by 25bp. We […]
Investors Cautious Ahead of Fed and ECB Later in the Week
Investors appear to be treading carefully ahead of some key interest rate announcements this week, […]
UK PMI manufacturing finalized at 47.8, remained in the doldrums
UK PMI Manufacturing was finalized at 47.8 in April, slightly down from March’s 47.9. Output, […]
Yen and Aussie Down after Volatile Week, Risk-On Sentiment to Continue
The markets experienced surprisingly high volatility in the last week of April, with central bank […]
BoE Pill: We’ve had a series of transitory inflation shocks one after the other
In an interview on the “Beyond Unprecedented” podcast produced by Columbia University’s law school, BoE […]
GBP/USD Drifting Continues
British pound showing limited movement UK retail sales fall PMIs show manufacturing decline, services accelerate […]
S&P Now Predicts Only a 0.5% Contraction in UK Real Output This Year
Markets Friday’s consensus-beating EMU and US PMI’s caught the eye. European figures stressed the growing […]
Manufacturing Woes Continue as Services Become Increasingly Optimistic
Another mixed day of trade in stock markets on Friday as UK consumers become increasingly […]
UK PMI composite rose to 53.9, lopsided growth but gained momentum
UK PMI Manufacturing fell from 47.9 to 46.6 in April, a 4-month low. PMI Services […]
The Dollar Still Looks Fragile
Markets Recent hawkish repositioning yesterday did run into resistance. The US 2-y and 10-y yield […]
UK retail sales volume down -0.9% mom in Mar, value down -0.9% mom
In volume term, UK retail sales fell -0.9% mom in March, below expectation of -0.5% […]
UK PMI services finalized at 55.9, reignited inflationary pressures
UK PMI Services were finalized at 55.9 in April, marking a significant increase from March’s […]