It ain’t half hot! In a week which saw record temperatures in the UK, it wasn’t just the weather which had us all a lot hot under the collar. UK inflation figures revealed that CPI had increased to 9.4% in June, the highest reading since 1982 and marginally above market forecasts of 9.3%. It is perhaps unsurprising to hear that fuel and food were the largest contributors to the increase.

What goes up, must come down. But not quite yet! US inflation again surprised to the upside this week, with the release for June coming out at an eye watering 9.1%. This was up from 8.6% in May, above market forecasts of 8.8% and the highest reading since…

Politics have certainly been at the top of the agenda this week, with the resignation of Boris Johnson being the focal point. As should probably be expected, however, the investment market response has been fairly muted. There was some sign of sterling strength following the announcement but markets soon reverted to business as usual.

It has been a quieter week for economic releases this week but that does not mean this has been reflected in investment markets. The inflation debate continues to rumble on, with investors and market analysts trying to anticipate when and where it will peak. Inflation appears to be on a different expansionary path in some countries and regions when compared to others…

Not a week seems to go by where inflation isn’t in the headlines. This week we saw the release of the latest figures for the UK, with CPI coming in at 9.1%, in line with expectations. Under the bonnet, the rate of inflation was higher across most categories, in particular housing & utilities, transport and food & non-alcoholic beverages.
The squeeze on disposable income is certainly having ramifications.

There are some weeks when news and events come thick and fast and this has most certainly been one of them. Central banks were once again at the fore, with a number of them holding meetings this week. The US Federal Reserve were