UK: Inflated June to Be Crushed by Methodology
UK inflation data was broadly slightly stronger than the Consensus expected in Jun-20 as the CPI rate increased to 0.6% and the RPI to 1.1%....
413 Views
UK: GDP Limping from Lows in May-20
UK GDP bounced by only 1.8% m-o-m in May-20 from its depressed lows. Although the ONS confirmed an initial recovery in retail, manufacturing and...
451 Views
Major Economies & Currencies – What to Look Out for and Why It Matters
Price action in major currencies was again subdued last week. With few tier-one macro data releases for markets to trade off the focus was on the...
484 Views
UK: Chancellor Still Spiking the Punch Bowl
The government’s support package needs to move on to encouraging an efficient reallocation of resources to what the post-Covid world needs. A...
387 Views
Sell USD Rally Attempts
Dollar Index (DXY) (DXY CURNCY) sell strength near 98.00-50 in line with the Euro near 1.1120 (between 1.12 and 1.1120). Macro conviction is to...
403 Views