⚠️#inflation #uk #macro
UK - Consumer inflation CPI (% y/y)
recent data:
m/m = +1.1% (est. +0.6% /ex. -0.6%)
y/y = +10.4% (est. +9.9% /ex. +10.1%)
Core CPI = +6.2% y/y (set. +5.7% /ex. +5.8%)
UK - Consumer inflation CPI (% y/y)
recent data:
m/m = +1.1% (est. +0.6% /ex. -0.6%)
y/y = +10.4% (est. +9.9% /ex. +10.1%)
Core CPI = +6.2% y/y (set. +5.7% /ex. +5.8%)
🔥🇬🇧#inflation #uk #macro
UK inflation remains above 10% as food prices stay high:
m/m = +0.8% (est. +0.5% / ex. -1.1%)
y/y = +10.1% (est. +9.8% /ex. +10.4%)
core CPI = +6.2% y/y (est. +6% / ex. +6.2%)
⚠️#monetarypolicy
UK inflation remains above 10% as food prices stay high:
m/m = +0.8% (est. +0.5% / ex. -1.1%)
y/y = +10.1% (est. +9.8% /ex. +10.4%)
core CPI = +6.2% y/y (est. +6% / ex. +6.2%)
⚠️#monetarypolicy
🔥🇬🇧#inflation #uk #macro
UK inflation falls by less than expected.
it will add to pressure on the Bank of England to keep raising interest rates through the summer #monetarypolicy
the peak interest rate is forecasted to range from 5.25% to 5.5%
UK inflation falls by less than expected.
it will add to pressure on the Bank of England to keep raising interest rates through the summer #monetarypolicy
the peak interest rate is forecasted to range from 5.25% to 5.5%
⚠️🇬🇧#realestate #uk #macro
UK - The price of residential real estate continues to decline, with economists predicting that the downturn has further to run — BBG
UK - The price of residential real estate continues to decline, with economists predicting that the downturn has further to run — BBG
⚠️🇬🇧#realestate #uk
UK house prices registered the first annual contraction in more than a decade — FT
UK house prices registered the first annual contraction in more than a decade — FT
🌎#realestate #uk #office
FT: investors are actively investing in the redevelopment of underutilized office buildings into hotels, apartments, or warehouses as landlords try to adapt to hybrid working
old office buildings are being sold at the price of the land they occupy #prices
FT: investors are actively investing in the redevelopment of underutilized office buildings into hotels, apartments, or warehouses as landlords try to adapt to hybrid working
old office buildings are being sold at the price of the land they occupy #prices
🌎#markets #world #flow
weekly financial flows - BofA -EPFR (week through June. 21):
WORLD STOCKS = -$5B #stocks
TECH STOCKS = -$2B = highest weekly outflow in 10 weeks #tech
FIN STOCKS = +$1B = highest weekly inflow in 10 weeks #banks
WORLD BONDS = +$5.4B #bonds
WORLD CASH = -$13.9B #cash
GOLD = -$1B #gold
UK STOCKS = outflows persist for 24 consecutive weeks #uk
INVESTMENT-GRAD BONDS = 12 consecutive weeks of outflows = the longest streak since October 2021 #ig
BofA: BofA Bull & Bear Indicator signals worsening sentiment in risk assets.
weekly financial flows - BofA -EPFR (week through June. 21):
WORLD STOCKS = -$5B #stocks
TECH STOCKS = -$2B = highest weekly outflow in 10 weeks #tech
FIN STOCKS = +$1B = highest weekly inflow in 10 weeks #banks
WORLD BONDS = +$5.4B #bonds
WORLD CASH = -$13.9B #cash
GOLD = -$1B #gold
UK STOCKS = outflows persist for 24 consecutive weeks #uk
INVESTMENT-GRAD BONDS = 12 consecutive weeks of outflows = the longest streak since October 2021 #ig
BofA: BofA Bull & Bear Indicator signals worsening sentiment in risk assets.
🔥🇬🇧#inflation #uk #macro
Britain’s inflation rate falls to lowest in more than a year
Bank of England's peak interest rate forecast: < 6% #monetarypolicy
Britain’s inflation rate falls to lowest in more than a year
Bank of England's peak interest rate forecast: < 6% #monetarypolicy
🇬🇧#stocks #uk #bonds #cash #strategy
If you had invested £100 in UK stocks in 1899 and reinvested all the income, you would now have nearly £55,000 in real terms. In comparison, if you had invested in UK government bonds (Gilts), you would have nearly £550, and if you had invested in the money market (T-Bills), you would have nearly £300.
If you had invested £100 in UK stocks in 1899 and reinvested all the income, you would now have nearly £55,000 in real terms. In comparison, if you had invested in UK government bonds (Gilts), you would have nearly £550, and if you had invested in the money market (T-Bills), you would have nearly £300.