By Greg Smith on Monday, June 18th, 2018
in Market InsightsGBP – MPC likely no change The recent data has been worse than expected for the UK. Last week, industrial production fell and construction output was weaker. Inflation was steady at 2.4% and retail sales increased by 1.3%, though this is unlikely to be enough to move the Monetary Policy into action – MPC likely […]
By Greg Smith on Monday, June 11th, 2018
in Market InsightsGBP – Key votes on EU withdrawal bill On the political side, there are key votes on EU withdrawal bill as MPs meet on Tuesday and Wednesday. Theresa May plans to overturn amendments made by the House of Lords. There are two controversial amendments that give the most concern to the government. The first instructs the […]
By Greg Smith on Monday, June 4th, 2018
in Market InsightsGBP – Positive PMIs support sterling Last week we saw improvements in consumer confidence and manufacturing PMI, suggesting an increase in activity. There is now close to 40% chance of an August rate hike in the UK, as positive PMIs support sterling. We started the week with an unexpected improvement in the construction PMI, showing […]
Some quick example text to build on the card title and make up the bulk of the card's content.
Go somewhere