UK: Wage Revisions Provide a Hawkish Reminder
The LFS unemployment rate remained at 3.8% in Apr-19, while employment exceeded expectations. The temporary maintenance related demand shock need...
604 Views
UK: GDP Fall Fades Hawkish Bias for Bank Rate
UK monthly GDP crashed by 0.4% m-o-m amid a record decline in the car manufacturing industry. The concentration of maintenance schedules should...
665 Views
UK: Surveys Stay Stagnant in May-19
The UK services PMI marginally exceeded expectations by rising to 51.0 in May-19 while others declined. Surveys still suggest stagnation but are...
590 Views
UK: Oil Weighs on 2Q19 More than Manufacturing
The UK’s manufacturing PMI crashed by 3.5-points to 49.4 in May-19, which marks a relatively hefty but overdue correction back towards the euro...
584 Views
May Departs Unlamented: The Trouble Starts Now, with Real Brexiteers Likely in Charge
Theresa May's prime ministership has come to an ignominious end, with her last throw of the dice -- a revised version of her Withdrawal Agreement...
640 Views