Ear to the Ground
UK economic data was a little thin on the ground but we ended with some positive news regarding the economy. Preliminary data showed that the UK economy grew in the second quarter by 0.2%.
Ear to the Ground
We saw a small spike in equity market volatility this week, but for once the predominant driver wasn’t central banks. Instead, the credit (pardon the pun) goes to Fitch, the rating agency, who took the surprise decision to downgrade the credit rating of US federal government debt from the much coveted AAA rating to AA+.
Ear to the Ground
Not a week appears to go by where we aren’t discussing inflation.
Ear to the Ground
Markets succumbed to a bout of weakness in the second half of the week…
Ear to the Ground
A quieter week for data on both sides of the Atlantic this week…
Ear to the Ground
It is difficult to put pen to paper, or should I say fingers to the keyboard, these days without making reference to central banks.
Ear to the Ground
This week was another big one for central banks, with both the European Central Bank (ECB) and US Federal Reserve meeting to set interest…
Ear to the Ground
This week could perhaps be defined as one of mixed messages and about turns.
Ear to the Ground
The good, the bad, but hopefully not the ugly. The UK had news this week which quite nicely fits into all three categories.
Ear to the Ground
Economic data has been thinner on the ground over the last week. That which we have seen, however, appears to suggest that a US recession remains on the horizon.
