Filtered by Subscriptions: UK Markets Use setting UK Markets
The Chancellor’s projections for borrowing and debt in the Pre-Budget Report failed to reassure markets that the public finances are back on a path to fiscal sustainability. In response, gilt yields edged higher. Meanwhile, credit default swaps on …
16th December 2009
This report is only available as a PDF. Click to download. … UK Labour Data (Oct./Nov.) …
This report is only available as a PDF. Click to download. … UK Consumer Prices (Nov.) …
15th December 2009
This report is only available as a PDF. Click to download. … Producer Prices (Nov.) …
11th December 2009
The Monetary Policy Committee (MPC) never looked likely to take any action today. But even though the Committee has slowed its rate of asset purchases, it might yet have to give the economy more support in the new year – whether through more quantitative …
10th December 2009
As highlighted by this week’s dismal trade figures, evidence of a boost from the lower level of sterling is conspicuous by its absence. There remain few signs that the drop in the pound is either boosting exports or reducing imports. … Still little …
This report is only available as a PDF. Click to download. … UK Trade (Oct.) …
9th December 2009
This checklist is intended to help clients keep track of the important measures and numbers announced during the Chancellor’s Pre-Budget Report speech at 12.30pm and to provide some instant context. … Pre-Budget …
This report is only available as a PDF. Click to download. … UK Ind. Prod. (Oct.) & CBI Industrial Trends (Dec.) …
8th December 2009
This report is only available as a PDF. Click to download. … Halifax House Price Index (Nov) …
With the Monetary Policy Committee (MPC) likely to wait for February’s Inflation Report before reviewing its asset purchase programme, this week’s meeting should be a non-event. In any case, the Committee’s decision to extend its quantitative easing (QE) …
3rd December 2009
This report is only available as a PDF. Click to download. … UK CIPS/Markit Report on Services (Nov.) …
October’s rise in CPI inflation from 1.1% to 1.5% marked the start of an upward trend which could see inflation rise to 3% or above early next year. (See Chart.) Energy base effects and the planned reversal of the VAT cut will be the main drivers of the …
2nd December 2009
This report is only available as a PDF. Click to download. … CIPS/Markit Report on Manufacturing (Nov.) …
1st December 2009
The narrow M0 measure of the money supply is being kept high by the Bank of England’s asset purchases. However, the broad money aggregates remain weak. In fact, today’s data showed that the measure of the money supply most closely related to economic …
30th November 2009
This report is only available as a PDF. Click to download. … Mortgage lending (October) …
Markets have continued to respond reasonably positively to the further signs of recovery in the global and UK economies. But concerns are starting to emerge that central banks may leave policy conditions too loose for too long, encouraging the build up of …
26th November 2009
This report is only available as a PDF. Click to download. … GDP: Output, Income and Expenditure (Q3) …
25th November 2009
All of the main measures of retail spending were strong in October. And spending will receive further support in the next month or two as consumers bring forward some purchases ahead of the reversal of the VAT cut on 1st January. So although it is …
19th November 2009
This report is only available as a PDF. Click to download. … UK Retail Sales, Public Finances & M4 (Oct.) …
This report is only available as a PDF. Click to download. … MPC Minutes & CBI Industrial Trends (Nov.) …
18th November 2009
This report is only available as a PDF. Click to download. … UK Consumer Prices (Oct.) …
17th November 2009
This report is only available as a PDF. Click to download. … Bank of England Inflation Report (Nov.) …
11th November 2009
This report is only available as a PDF. Click to download. … UK Labour Data (Sep./Oct.) …
This report is only available as a PDF. Click to download. … UK Trade (Sep.) & BRC Retail Sales (Oct.) …
10th November 2009
Gilt yields have risen over the last month, with 10-year yields close to half a percentage point higher than a month ago. The Monetary Policy Committee’s decision at its meeting in November to extend quantitative easing by only £25bn – suggesting that …
This report is only available as a PDF. Click to download. … Producer Prices (Oct.) …
6th November 2009
The Monetary Policy Committee’s decision to extend its quantitative easing (QE) programme by only £25bn today presumably reflects the recent improvement in some of the economic indicators. But with the strength and durability of the recovery still highly …
5th November 2009
This report is only available as a PDF. Click to download. … UK Industrial Production (Sep.) …
This report is only available as a PDF. Click to download. … UK CIPS/Markit Report on Services (Oct. …
4th November 2009
The Government today announced more details on its latest round of assistance for UK banks. With the banking system still heavily dependent on state support, a significant pick-up in bank lending continues to look unlikely. We still expect the continued …
3rd November 2009
This report is only available as a PDF. Click to download. … CIPS/Markit Report on Manufacturing (Oct.) …
2nd November 2009
The news that the economy failed to emerge from recession in the third quarter highlighted that the recovery will be a long and painful process. Not only is this now the longest recession since at least 1955, when quarterly data began, but the UK looks …
This report is only available as a PDF. Click to download. … UK GfK/NOP Consumer Confidence (Oct.) …
30th October 2009
We anticipate more monetary fireworks from the Monetary Policy Committee (MPC) at its meeting on 5th November. With the previous extension to its quantitative easing (QE) programme now complete and the economy still stuck firmly in recession, we expect it …
29th October 2009
On 31st October, there will be 1000 days to go until the start of the London 2012 Olympics. Without wishing to downplay the sporting and cultural significance of the Games, we doubt they will provide as large a boost to the UK economy as some recent …
It is looking increasingly likely that the Government will allow Lloyds Banking Group to bow out of the Asset Protection Scheme (APS). While this is testimony to the improvement in both financial and economic conditions in the past six months, it could …
This report is only available as a PDF. Click to download. … UK Lending to Individuals & M4 Breakdown (Sep.) …
Last week’s provisional GDP figures showing the UK economy unexpectedly contracting in Q3 have prompted much debate over whether the figures under-represented the true strength of the economy and will be subsequently revised higher. But even a big upward …
27th October 2009
Fears are growing that the UK is heading for a repeat of the damaging industrial action that characterised the so-called “Winter of Discontent” in 1978/9. However, we doubt that the damage to the economy will get anywhere near that seen during this period …
26th October 2009
This report is only available as a PDF. Click to download. … Provisional GDP (Q3) …
23rd October 2009
Although the various measures of retail sales gave conflicting messages about the strength of high street spending in September, conditions off the high street have unambiguously improved. And in the near-term, we could see a further improvement. Car …
22nd October 2009
This report is only available as a PDF. Click to download. … UK Retail Sales (Sep.) …
This report is only available as a PDF. Click to download. … MPC Minutes (Oct.) …
21st October 2009
