Market anxiety is definitely elevated but is it enough to call capitulation?
Bonds may be on the brink but it’s a different story for equities
Pmi
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Omicron hangover is lingering but recovery could be quick
February Bank of England rate hike still on the cards, says Capital Economics
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Weekly outlook: Scottish Mortgage pushes ahead with AGM; Polar Capital reveals Covid hit
The key events for UK wealth managers for the week starting 22 June
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Coronavirus weekly round-up: Andrew Bailey weighs negative rates as UK inflation halves
Four investors mull the events shaping portfolios over the past week
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UK GDP forecasts slide to 0.1% as services enter ‘dark tunnel’
Brexit stockpiling provides some respite in fourth quarter PMIs
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Election casts shadow over UK business growth
Lingering doubts over the general election and the strength of UK markets led to weakened economic data for the service sector in May.
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UK services data bodes well – UBS Wealth
The United Kingdom services sector surprised on the upside by expanding significantly in December, according to this morning’s PMI data released by IHS Markit.
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UK manufacturing feels the pressure of weaker sterling
Sterling weakness continued to rock the United Kingdom manufacturing sector in November as further upward pressure on input costs hit home, but demand remained strong.
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Pound climbs on strong services data release
The pound clawed back more of the ground lost following the referendum on European Union membership this morning after the release of strong services sector data.
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US services sector subdued as Yellen readies speech
The United States’ services sector recorded its weakest rise in activity since February as Federal Reserve chair Janet Yellen puts the finishing touches to her Jackson Hole speech.
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UK PMI falls to lowest since 2013
The United Kingdom Purchasing Managers’ Index reading fell to 48.2 in July as the economy felt the effect of post-referendum uncertainty.
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UK economy contracts most since 2009 as optimism slumps
A composite measure of UK output fell to an 87-month low largely on the back of ongoing uncertainty about Brexit, Markit announced on Friday.