By Greg Smith on Tuesday, October 10th, 2023
in Blog, Market InsightsGBP – August GDP is expected to bounce back to growth This week, we will see the monthly GDP for August. The July figure saw a drop as a result of strike action and poor weather. The markets expect a rebound in August of up to 0.3%. Consumer-facing services and construction activity should have benefited […]
By Greg Smith on Tuesday, October 3rd, 2023
in Blog, Market InsightsGBP – Latest updates on weakening economy and inflation As we close out the third quarter, the focus remains on the future path of inflation and interest rates. Within bond markets, the rise over this quarter has been significant. With central banks close to the end of their hiking cycles, it would be typical to […]
By Greg Smith on Wednesday, September 27th, 2023
in Blog, Market InsightsGBP – Bank of England hold rates at 5.25%, to watch data Last week, the major surprise was that the Bank of England committee voted not to hike by 5-4. Governor Bailey was the casting vote and decided on no rate hike. This follows 14 consecutive rate hikes that started at the end of 2021. […]
By Greg Smith on Tuesday, September 19th, 2023
in Blog, Market InsightsGBP – Bank of England likely to hike rates by 0.25% to 5.5% The announcement by the Bank of England will be the key focus in the UK. Most people expect the BoE to hike rates by a further 0.25% to 5.50%. This will be the 15th meeting in a row that rates have increased. […]
By Greg Smith on Tuesday, September 12th, 2023
in Blog, Market InsightsGBP – Falling inflation expectations and weaker labour market Inflation expectations have fallen in the Bank of England’s DMP business survey. There was dovish testimony last week from Governor Bailey that a marked fall in inflation is likely this year. Mr Bailey suggested that monetary policy is probably near the top of the cycle, similar […]
Some quick example text to build on the card title and make up the bulk of the card's content.
Go somewhere