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22nd July 2021
It has been a volatile start to the week, on Monday most global equity markets continued last week’s slide, on concerns around coronavirus infection rates.
14th July 2021
Inflation was back in focus yesterday (13 July 2021) following the release of US CPI inflation data for June. From a headline perspective, the US CPI inflation reading of 5.4%, for the year to June, came in above expectations of 4.9% and the May reading of 5%.
7th July 2021
Although last week’s US employment data showed that the US economy is heading in the right direction, it failed to provide us with the evidence that the US economy is making sufficient progress to justify the Fed’s recent dramatic dot plot shift.
30th June 2021
We have had an uneventful start to the week as global equity markets wait for Friday’s (2 July 2021) US employment data.
23rd June 2021
After last week’s hawkish ‘dot plot’ surprise from the US central bank, we said markets were getting way ahead of themselves as it was far too early to conclude that the current economic reflation is over and that we will see significantly higher interest rates in the coming years.
17th June 2021
Despite a number of economic data releases, global equity markets have effectively gone nowhere so far this week as everyone is waiting for the conclusion of this evening’s Fed monetary policy.