PERSISTENTLY HIGH INFLATION INCREASES THE CHANCES OF FURTHER INTEREST RATE HIKES
This week has seen inflation take centre stage once more. US headline inflation fell as expected, but core inflation ticked up slightly.
Read The Full ArticleUS INFLATION DATA PRESENTS A MIXED PICTURE BUT MARKETS STILL EXPECT RATE HIKES TO END SOON
This week has seen inflation take centre stage once more. US headline inflation fell as expected, but core inflation ticked up slightly.
Read The Full ArticleMARKETS LOOK PAST BANK STOCKS AS THEY ANTICIPATE THE END OF INTEREST RATE HIKES
The Bank of England has warned that households and businesses remain vulnerable to high borrowing costs and rising prices. The bank said corporate debt remains manageable overall but many smaller businesses are exposed to higher borrowing costs.
Read The Full ArticleTHE CHANCELLOR TAKES FIRST SMALL STEPS TO ADDRESS UK GROWTH AS BANK CRISIS RATTLES MARKETS
This week the Chancellor delivered his first full budget; while the last chancellor made an ill-fated dash for growth, this time there were a few measures announced that actually addressed the underlying problem, low investment and a shrinking workforce.
Read The Full ArticleSTRENGTH OF THE JOBS MARKET IS ONE OF THE KEY DRIVERS OF CENTRAL BANK RATE DECISIONS
This week markets have been focused on jobs. There are various ways to measure the strength of an economy but the number of jobs and how much workers get paid is a fairly fundamental part of the economic puzzle.
Read The Full ArticleBOND MARKETS CONTINUE TO ADJUST THEIR EXPECTATIONS FOR INTEREST RATES
This week we saw further adjustments in the bond markets as investors digest stronger inflation and economic data. Through late 2022 and early 2023, bond investors, particularly in government bonds markets, have been at odds with central bank messaging.
Read The Full ArticleSpring Outlook
The turmoil in bank stocks rattled equity markets in March. Following the failure of Silicon Valley Bank in the US and the emergency takeover of Credit Suisse by local rival UBS as the sell-off in banks stocks dragged on wider equity markets.
Read The Full ArticleINFLATION FALLS AGAIN AS BOND MARKETS RECONSIDER THE LIKELY PATH OF INTEREST RATES
This week brought another twist in the gradually evolving story of inflation. In the US – which up to now has seen the most rapid decline – inflation fell only slightly as both CPI and core failed to match expectations.
Read The Full ArticleMARKETS COOL AS CENTRAL BANKS REPEAT WARNINGS THAT RATES MAY GO HIGHER THAN EXPECTED
This week a steady drip of data suggests economies are holding up ok, despite the major increase in interest rates specifically designed to make things worse to fight inflation.
Read The Full ArticleMARKETS RALLY AS THEY SEE THE END OF INTEREST RATE HIKES COMING INTO VIEW
This week the interest rate hikes from the Bank of England, European Central Bank and Federal Reserve came in as expected. The Fed further slowed the pace of its rate increases and raised by 0.25%, while the BoE and ECB increased by 0.5%.
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