UK Markets Chart Pack Markets unperturbed by political and interest rate risks The surprise outcome of the General Election and the MPC’s unexpectedly tight vote on interest rates have triggered only a muted market reaction. Admittedly, trade-weighted sterling fell to its lowest... 19th June 2017 · 1 min read
UK Markets Chart Pack FTSE 100 hits record high without support from sterling The FTSE 100 hit an all-time high of close to 7,500, despite sterling holding onto its gains made following the announcement of a snap General Election. This contrasts with the initial post referendum... 18th May 2017 · 1 min read
UK Markets Chart Pack Sterling welcomes May’s election call The Prime Minister’s call for a snap General Election saw the pound surge higher despite expectations for future interest rates remaining more or less unchanged, having fallen over the preceding month... 19th April 2017 · 1 min read
UK Markets Chart Pack Rate setters give markets pause for thought Ahead of this month’s Fed and MPC interest rate setting meetings, the narrative had been one of markets preparing for a historic divergence in monetary policy between the US and UK. Sterling had been... 17th March 2017 · 1 min read
UK Economics Chart Pack Rising inflation starting to hit households Resilient consumer spending was the main reason why GDP growth held up so well in the wake of the Brexit vote. However, there have been signs that the exchange-rate induced rise in inflation is... 3rd March 2017 · 1 min read
UK Markets Chart Pack Sterling not shaken by Article 50 vote Sterling has held up well over the past month, despite a significant majority of MPs voting in favour of (and without amendments) the Article 50 bill which gives the Government the power to begin the... 21st February 2017 · 1 min read
UK Markets Chart Pack Markets eye up interest rate hike in 2018 With all eyes on sterling, one somewhat overlooked development over the past month has been the increase in markets’ expectations for official interest rates. Indeed, on the basis of overnight indexed... 31st January 2017 · 1 min read
UK Markets Chart Pack Can sterling hold onto its recent gains? The continued rally in sterling over the past month or so means that it is now around 10% lower on a trade-weighted basis relative to where it stood on the eve of the EU referendum, rather than the 15... 14th December 2016 · 1 min read
UK Markets Chart Pack Trump win pushes bond yields higher Donald Trump’s victory has exacerbated the upward movement in Treasury yields, pushing 10-year UK gilt yields higher too. Meanwhile, market participants have revised up their expectations for official... 14th November 2016 · 1 min read
UK Markets Chart Pack Is the sell-off in UK government bonds overdone? While the pound continues to be the main casualty of the vote to leave the EU, UK government bonds have come under pressure recently. Indeed, the yield on 10-year government bonds has risenby around... 18th October 2016 · 1 min read
UK Markets Chart Pack Equity prices come off the boil Global equity markets have come off the boil over recent weeks, particularly in emerging economies, as the prospect of another hike in US interest rates before the end of the year grows. UK equity... 19th September 2016 · 1 min read
UK Markets Chart Pack Sterling slump cushions post-referendum hit to equities The UK’s surprise vote to leave the EU sent a shockwave through global markets – but parts of the subsequent post-referendum response have been more muted than previously feared. Clearly, sterling was... 15th July 2016 · 1 min read
UK Markets Chart Pack Brexit uncertainty bites as referendum looms The increase in the probability of a Brexit following June’s referendum, as polls have shifted towards “Leave”, has rattled markets recently. Trade-weighted sterling has resumed its slide, while... 16th June 2016 · 1 min read
UK Markets Chart Pack Brexit fears still weighing on sterling despite rally Having fallen since mid-November, trade-weighted sterling has recovered a little over the past month. But with the pound still far below its previous peak, and demand for protection against further... 12th May 2016 · 1 min read
UK Markets Chart Pack Mood improves but Brexit fears still evident Over the past month, UK equities have continued to recover, while corporate bond spreads have narrowed, bolstered by the general improvement in sentiment in global markets after the turmoil around the... 13th April 2016 · 1 min read
UK Markets Chart Pack UK not particularly impacted by global market turmoil The renewed concerns about growth in China, which led to a rout in Chinese equities at the start of 2016, hit financial markets worldwide, including the UK. That said, the UK has been relatively... 14th January 2016 · 1 min read
