Weekly brief 26 May 2023 13 minute read
Another big week ahead for UK inflation
Amongst key UK economic releases this week, there was an unexpected increase in the latest ILO unemployment rate, which jumped from 3.8 to 3.9% during March. There were also higher claims than expected, with an increase of 46.7K against an expected decline of...
Weekly brief 19 May 2023 11 minute read
Two more hikes from the BoE?
With both the Fed and ECB raising rates by another 25bps, markets believe that the BoE will replicate next week, raising UK rates to 4.5% in the process. That would be the twelfth straight meeting in which the BoE have raised rates. Much the same as with this week’s...
Weekly brief 19 May 2023 12 minute read
Germany slips into a recession
The latest UK inflation report was somewhat mixed for April. As expected, headline CPI thankfully slipped from double digits to 8.7% on an annual basis. However, markets had been expecting a bigger decline to...
Weekly brief 05 May 2023 10 minute read
Will the BoE follow the Fed and ECB?
With both the Fed and ECB raising rates by another 25bps, markets believe that the BoE will replicate next week, raising UK rates to 4.5% in the process. That would be the twelfth straight meeting in which the BoE have raised rates. Much the same as with this week’s...
Article 02 May 2023 4 minute read
April Market Update
The Moneycorp dealers share their insights on the month and look ahead at trends that might impact market movements.