HSBC Holdings Plc – Not Buying It
Weak 1Q20 Result: HSBC Holdings plc (HSBA.LN/5.HK) [HSBC] reported 1Q20 earnings of USD 2.25bn – missing consensus forecasts by 13%. Linked...
435 Views
UK: Mar-20 Sales Reveal Sectoral Level Hits
Retail sales crashed by 5.1% m-o-m in Mar-20. That refers to an average level between 1 March and 4 April so is still supported by the...
359 Views
BoE: Neutralising Net Issuance
The BoE started to stimulate alongside the Budget and launched an aggressive QE programme after a deterioration in the gilt market’s functioning....
379 Views
UK Inflation: Wile E. Coyote Moment in Mar-20
UK inflation data were relatively stable in Mar-20, with the CPI dipping to 1.5% while the RPI surprisingly increased to 2.6% y-o-y. Clothing...
375 Views
UK: Not Smashed by Lockdown, Yet
Economists expected a surge in jobless claims, but they got a surge in employment instead. However, all the headline statistics in the latest...
363 Views