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The rally in bonds that has powered the U.S. Dollar higher can continue according to fixed income strategists at Bank of America.
September 27,2023
Manufacturers reported that output volumes declined more quickly than expected in the three months to September, according to the CBI’s latest Industrial Trends Survey.
September 22,2023
The storm in US bond markets has evolved into a hurricane, inflicting deep wounds on riskier assets such as stocks.
September 22,2023
Markets and analysts alike have brought forward their expectations for interest rate cuts at the Bank of England following a decision by Threadneedle Street to keep rates unchanged on September 21, a development that explains the ongoing weakness in the Pound.
September 22,2023
The UK consumer hasn't been this confident in 20 months according to the latest GfK consumer confidence survey which surprisingly improved by 5 points to read at -21 in September.
September 22,2023
Retail sales data showed volumes are estimated to have risen by 0.4% in August 2023, partially recovering from a fall of 1.1% in a weather-impacted July, but this was still below the analyst forecasts for growth of 0.5%, reinforcing a sense that the UK economy is stalling.
September 22,2023
Some major investment banks are now predicting the fall in UK inflation in August will be enough to convince the Bank of England it can pause its interest rate hiking cycle.
September 20,2023
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