UK Markets Chart Pack Inflation Report stems rise in market interest rates Speculation that the Bank of England’s May Inflation Report would show that the Monetary Policy Committee is preparing to raise interest rates proved to be unfounded, prompting a significant fall back... 15th May 2014 · 1 min read
UK Markets Chart Pack Gilt yields defy strong economic news Despite further signs that the UK’s economic recovery has remained strong, gilt yields have continued to fall over the last month. Indeed, the 10-year gilt yield recently touched a six-month low... 16th April 2014 · 1 min read
UK Markets Chart Pack UK equities still not benefiting from the economic recovery Despite the comparative strength of the UK’s economic recovery, UK equity prices have continued to underperform those in other developed markets. While the recent underperformance may have partly... 18th March 2014 · 1 min read
UK Markets Chart Pack New guidance fails to refocus gilt market on UK outlook Once again, UK asset prices appear to have been influenced more by overseas events than domestic developments. Despite further signs that the UK economy is growing at a faster rate than the rest of... 13th February 2014 · 1 min read
UK Markets Chart Pack Gilts shrug off falling unemployment The gilt market has largely shrugged off the recent strong news on the UK economy, including the sharp fall in unemployment to within a whisker of the 7% threshold used for the MPC’s forward guidance... 23rd January 2014 · 1 min read
UK Markets Chart Pack UK markets struggling to hear MPC's dovish message UK markets continue to think that official interest rates will rise in mid-2015 despite some dovish signals from the Monetary Policy Committee (MPC) over the last month. In particular, MPC members... 11th December 2013 · 1 min read
UK Markets Chart Pack US outlook still the key influence on gilt yields Despite the acceleration of the UK’s economic recovery, gilt yields and interest rate expectations have fallen back over the last month. It would be tempting to conclude that the markets are starting... 7th November 2013 · 1 min read
UK Markets Chart Pack Worries about the US debt ceiling support gilts Fears that the impasse in the US debt ceiling negotiations could lead to default by the US Treasury have prompted investors to anticipate a later tightening of UK monetary policy, equity prices to... 16th October 2013 · 1 min read
UK Markets Chart Pack 10-year gilt yields hit 3% as markets disregard guidance The much improved news on the UK economy has prompted investors to expect the MPC to raise official interest rates in the first quarter of 2015, 18 months earlier than the Committee has indicated they... 10th September 2013 · 1 min read
UK Markets Chart Pack Forward guidance is already helping to anchor gilt yields Much has already been made of the absence of a fall in interest rate expectations and short gilt yields in response to the “forward guidance” announced by the MPC yesterday. But this does not suggest... 8th August 2013 · 1 min read
UK Markets Chart Pack Overseas developments continue to drive the gilt market The fairly modest impact of the MPC’s initial stab at ‘forward guidance’ on gilt yields has cast doubt over whether a formal commitment to keep monetary policy loose will do much to lower gilt yields... 11th July 2013 · 1 min read
UK Markets Chart Pack Asset prices tumble on fears of monetary tightening Investors’ fears that central banks will tighten – or at least stop loosening – monetary policy sooner than previously thought have prompted both UK equity and bond prices to fall sharply. Upward... 13th June 2013 · 1 min read
UK Markets Chart Pack Equities boosted by strong earnings season Over the last month, the FTSE 100 has risen to its highest level since December 2007 on the back of a good run of corporate earnings announcements. It is less clear that the better economic news has... 9th May 2013 · 1 min read
UK Markets Chart Pack Lower gilt yields underline safe-haven status The recent fall in gilt yields has reflected a combination of weak news on the UK economy, a renewed rise in safe-haven demand in response to the crisis in Cyprus and a slight building of hopes of... 10th April 2013 · 1 min read
UK Markets Chart Pack Inflation concerns continue to build Investors have become increasingly worried about the inflation outlook. 10-year break-even rates (which reflect expectations for RPI inflation) have risen to 3.4% – their highest rate since September... 13th March 2013 · 1 min read
UK Markets Chart Pack Sterling slides as safe-haven demand fades Sterling’s recent slide has largely reflected the further fading of safe-haven demand and signs that Mark Carney’s forthcoming governorship of the Bank of England might result in looser monetary... 12th February 2013 · 1 min read
