Daily Market Brief June 1, 2023
1 June 2023: MPC’s Mann sees core inflation as a “continuing” issue for the UK
Highlights UK suffering a bigger core inflation issue than its G7 partners Crucial vote over Debt package takes place...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...