Weekly Outlook: Central bank symposium and Antofagasta results
Key events for wealth managers for the week beginning 19 August
Macro News
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UK economy grows 0.6% in Q2
Continuing momentum from the 0.7% growth in Q1
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US CPI inflation hits 2.9% ahead of September Fed decision
Industry commentators predict September rate cut from the Fed
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UK inflation rises to 2.2%
Industry commentators respond to inflation uptick
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UK unemployment falls to 4.2% while year-on-year pay rises slow
Unemployment levels came in 20 basis points lower than the Bank of England’s forecast
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Weekly Outlook: UK Misery Index data and Aviva first-half results
Key events for wealth managers for the week beginning 12 August
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IA: Equities experience positive quarter after June £1.2bn inflows
Fixed income loses £1.2bn in June while net inflows into equity funds turn positive
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Calastone: UK equity fund outflows slow in July
Equities see a net £2.19bn in inflows
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What has caused the global equity market sell-off?
Equity markets are down following US recession fears
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‘Has the Fed made a mistake?’: Weak US jobs data sparks recession concerns
S&P 500 fell 1.84% on Friday following the report, while Japan’s Nikkei 225 dropped over 12% on Monday
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Weekly Outlook: Legal & General and Derwent London Results
Key events for wealth managers for the week beginning 5 August
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‘A tentative start’: Bank of England cuts interest rates to 5%
MPC voted 5-4 in favour of a 25bps cut
