covid to halt UK economic growth

"We struggle to see how the economy can grow in 4Q," says a research note from Bank of America Merrill Lynch, citing "escalating lockdown measures, fading stimulus and Brexit risks".

September 23,2020

UK economy

A survey of the UK economy covering the September period showed the rebound continues apace, even if it had slowed since August and was a little softer than market consensus had been expecting.

September 23,2020

Fed

Contrary to what the Federal Reserve thinks, low US Treasury volatility is dangerously explosive says Althea Spinozzi, Fixed Income Specialist at Saxo Bank.

September 21,2020

lloyds Bank

UK high street lenders have been accused of "outrageously failing" British expats living in Europe following weekend reports that they would be shutting down their accounts after the UK leaves the EU at the start of 2021.

September 21,2020

HM Treasury’s innovative Eat Out to Help Out scheme likely provided a meaningful boost to the economy in August, according to Deutsche Bank, although its expiry and statistical base effects could mean that it bites September’s GDP numbers ahead of a possibly bleak winter.

September 18,2020

Fed Mouse Trap

Powell's dovish message is bad news for the market says Althea Spinozzi, Fixed Income Specialist at Saxo Bank, who says the Fed is dragging us towards unsustainable levels of corporate debt and ever-low interest rates.

September 17,2020

Retail sales figures underwhelmed for the month of August on Wednesday, casting a shadow over the outlook for recovery in the world’s largest economy after Washington lawmakers’ pre-election political jockeying left households with a pair of boots that have proven too large for them to fill so far.

September 16,2020

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