Podcasts about england boe

Last week, UK markets digested a slew of conflicting economic signals. April's inflation unexpectedly rose to 3.5%, a 15-month high, driven by higher energy costs, tax changes and wage pressures, dampening expectations for further Bank of England (“BoE”) rate cuts. Gilt yields surged and the pound touched a two-year high. BoE Chief Economist Huw Pill warned against aggressive easing, citing persistent services inflation and weakening disinflation momentum, while policymaker Swati Dhingra defended her vote for a 0.5% cut, highlighting a long-term outlook. The Purchasing Managers' Index (“PMI”) data showed the private sector contracted slightly in May, dragged by manufacturing weakness, despite services expansion. Retail sales jumped 1.2% in April, buoyed by sunny weather, supporting first-quarter growth of 0.7%. Consumer confidence improved, helped by better economic prospects and recent trade deals. The outlook remains uncertain as inflation risks challenge the case for monetary easing...Stocks featured:Diploma, Fresnillo and JD Sports FashionTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Both the Bank of England (BoE) and Reserve Bank of Australia (RBA) delivered 25bps rate cuts at their latest meetings but with very differing messages. Whereas the RBA delivered a ‘very dovish' cut the BoE was much more cautious and in this episode we unpack the reasons for that differing approach and what it means for each going forward. Participants:Cathal Kennedy (Desk Strategy), Senior UK EconomistSu-Lin Ong (Research), Chief Australia Economist* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

UK economic sentiment weakened sharply last week as global trade tensions intensified. The International Monetary Fund (“IMF”) cut the UK's 2025 growth outlook to 1.1%, the steepest downgrade among major European economies, but noted the UK may still outpace G7 peers. Economic activity slowed sharply, with the composite Purchasing Managers' Index (“PMI”) falling to a 29-month low of 48.2, signalling a contraction. Consumer confidence deteriorated amid rising cost pressures, though retail sales surprised to the upside. Business leaders voiced concern over red tape costs and the threat of tariffs, warning of imminent job losses unless a US trade deal is struck. However, KPMG's survey found financial services leaders remain optimistic about London's prospects, planning significant investments despite global uncertainties. The Bank of England (“BoE”) indicated it would weigh the impact of trade shocks at its May meeting, with rate cuts still in play. Overall, markets faced mounting signs of economic stress alongside cautious policymaker rhetoric...Stocks featured:Antofagasta, Croda International and Marks & SpencerTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Last week, the UK economy grappled with escalating global trade tensions. UK inflation eased more than expected in March, with headline Consumer Price Index (“CPI”) falling to 2.6% from 2.8%, fuelling expectations of a Bank of England (“BoE”) interest rate cut in May. Core and services inflation also edged lower, reinforcing the view that monetary policy may soon shift. Economists noted tariffs might prove disinflationary, especially with weaker domestic growth. Markets are now almost fully pricing in three rate cuts this year. However, policymakers face uncertainty, with BoE policymaker Megan Greene highlighting the unpredictable impact of US tariffs and dollar weakness on UK inflation. Labour market signals remained mixed: claimant count rose and payrolled employment fell, but job postings climbed 3.3%, business sentiment weakened, CFOs grew defensive and the Institute of Chartered Accountants in England and Wales (“ICAEW”) confidence turned negative...Stocks featured:Bunzl, Endeavour Mining and J SainsburyTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Last week was marked by turmoil, as global trade tensions and market volatility drove a sharp shift in UK interest rate expectations. Investors are now pricing in up to four Bank of England (“BoE”) rate cuts this year, with a 0.25% move likely in May and nearly 0.9% of easing by year-end. Former BoE officials called for bold action, including a 0.5% cut or even an emergency meeting. The BoE flagged financial stability risks from global fragmentation, while deputy governors flagged growth headwinds from US tariffs. UK growth forecasts for 2025 were slashed to 0.8%, and confidence remained fragile despite February's surprise 0.5% Gross Domestic Product (“GDP”) rise. Labour market data showed a rise in candidate availability and soft wage pressures. Consumer sentiment flatlined, and retail footfall declined due to Easter timing and global uncertainty. Inflation implications remained unclear, further complicating the BoE's policy outlook...Stocks featured:BP, Fresnillo and GSKTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England (“BoE”) maintained its base rate at 4.5% last week, prioritising a gradual approach amid persistent inflation and wage pressures. Markets are now assigning a 70% probability of a May rate cut, with only two reductions anticipated this year, fewer than economists forecasted. The Organisation for Economic Co-operation and Development (“OECD”) has downgraded UK growth projections for 2025 and 2026, citing global trade risks. Business sentiment remains cautious, with 57% of firms expecting a recession. Manufacturing output has weakened sharply, and insolvencies are rising. Consumer confidence is improving, but investment hesitancy persists due to fiscal uncertainty. Options traders are increasingly betting on more aggressive BoE rate cuts. However, the BoE is facing challenges, balancing weak growth with persistent inflation risks, particularly in the face of global trade tensions...Stocks featured:Compass Group, Kingfisher and PrudentialTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The UK economy faced continued headwinds last week, with slowing growth and persistent inflation concerns. The British Chamber of Commerce cut its 2025 gross domestic product (“GDP”) growth forecast to 0.9% from 1.3%, citing rising cost pressures. The Bank of England (“BoE”) monthly survey of UK Chief Financial Officers (“CFOs”) showed inflation expectations ticking up, with year-ahead consumer price index (“CPI”) at 3.1% from 3.0%, whilst most economists expect gradual cuts, bringing rates to 3.75% by year-end. Investor sentiment remained fragile, with UK takeovers by foreign firms plunging to £4.5 billion in Q4 2024, the lowest since the Covid-19 pandemic. However, domestic mergers and acquisitions surged to £8.6 billion from £1.9 billion in Q3, reflecting a shift towards local consolidation. In fiscal policy, Chancellor Rachel Reeves hinted at further public spending cuts to remain within fiscal constraints, as higher borrowing costs, increased future defence spending and downgraded growth forecasts limit fiscal flexibility. The Treasury is now preparing deep budgetary reductions, with several billion pounds in spending cuts under review ahead of the Spring Budget, with the Institute of Fiscal Studies saying that the chancellor could even be forced to raise taxes to plug any gap in finance...Stocks featured:Fresnillo, Melrose Industries and Rentokil InitialTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The UK economy faced mixed signals last week, with the Bank of England ("BoE") rate cuts struggling to filter through to borrowing costs, partly due to US market influence. Chief Economist Huw Pill warned against assuming inflation is conquered, advocating for a cautious policy approach. Meanwhile, the labour market has weakened significantly, with job vacancies falling at their fastest pace since 2020. Consumer confidence remained shaky, with fears of unemployment dampening spending. However, retail sales surprised positively, driven by health and beauty trends. Gross Domestic Product (“GDP”) data showed unexpected growth of 0.1% in the fourth quarter, defying recession expectations, while housing activity stalled. Despite economic uncertainty, chief executives remained optimistic about business prospects...Stocks featured:British American Tobacco, Coca-Cola HBC and UnileverTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Last week the Bank of England (“BoE”) cut interest rates by 0.25%, with Governor Andrew Bailey urging caution over the split vote. Markets are still priced in for two more cuts this year, despite inflation forecasts remaining above target until 2027. The UK manufacturing sector contracted for the fourth month, with rising input costs squeezing small firms. Meanwhile, the services Purchasing Managers' Index (“PMI”) edged down, with job cuts accelerating. Grocery inflation slowed, but supermarkets warned of rising costs due to tax and wage increases. Budget retailers struggled, highlighting pressures on low-income consumers...Stocks featured:BBGI Global Infrastructure, WAG Payment Solutions and Wizz Air To find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England (“BoE”) faces a tough policy decision ahead of its 6th February meeting, as economic pressures mount. Business activity has slumped to its weakest since the Covid-19 pandemic, with firms cutting jobs and raising prices in response to tax hikes. Consumer spending remained fragile, and corporate profit warnings are at a post-dot-com high. Market expectations point to an 80% chance of a 0.25% rate cut to 4.50%, though inflation risks may limit further easing. Employers have tightened wage growth, and firms have depleted pandemic-era cash reserves. While shop price deflation continues, food prices have risen at their fastest rate in nine months. Morgan Stanley has slashed the UK's growth outlook to 0.9% for 2025, citing weak business confidence. Despite a slight improvement in employer sentiment, overall business confidence has dropped to a 13-month low...Stocks featured:Airtel Africa, Glencore and St. James's PlaceTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The UK economy faced mixed signals this week as inflation slowed unexpectedly in December, dropping to 2.5%, the lowest since early 2021, driven by lower energy and food costs. This has heightened expectations for Bank of England (“BoE”) rate cuts, with the market pricing in three reductions this year. However, core inflation remained stable, and economic growth is stagnating, raising concerns about stagflation. Business confidence plunged to a two-year low amid higher taxes and weak demand, while large firms plan hiring cuts and scaled-back investments following the Chancellor's £25 billion social security charge hike. UK trade growth prospects remain subdued, with Boston Consulting Group projecting just 0.7% annual growth until 2033, hindered by Brexit and global supply chain shifts. Retailers, facing rising taxes and wages, are hiking prices, adding to consumer pressures...Stocks featured:Genus, JD Sports and Trustpilot GroupTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England ("BoE") is expected to maintain a cautious approach to rate cuts in the coming months, with a Reuters survey showing a 10% chance of one happening this week. Investors also predict three rate reductions in 2025, totalling 0.75%, so a more measured path than the European Central Bank's ("ECB") anticipated 1.5%. However, the BoE faces challenges from sticky inflation and elevated neutral rate estimates, with policymakers signalling a lower bound near 3.5%. Meanwhile, UK economic indicators painted a mixed picture last week. GDP contracted by 0.1% in October, job vacancies sharply declined and insolvencies are rising amid cost pressures. Consumer confidence remains weak despite slight improvements. Public inflation expectations have also edged higher, complicating the BoE's policy outlook. With businesses cautious about growth and labour shortages hindering productivity, the UK economy could close 2024 in contraction, highlighting the fragile state of the recovery.Stocks featured:Currys, Raspberry Pi and SThreeTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Last week, the Bank of England (“BoE”) emphasised the labour market's critical role in shaping monetary policy. Policymakers stressed the importance of early 2024 labour market data amidst uncertainty of the budget's potential impacts on wages and employment. Inflation rose in October, with headline Consumer Price Index (“CPI”) at 2.3% and core inflation at 3.3%, driven by higher energy costs. Meanwhile, rental inflation rebounded, and retail sales slumped amid budget concerns. Flash Purchasing Managers' Index (“PMI”) indicated the first contraction in output since 2023, as cost pressures and weak business optimism weighed. Consumer confidence dipped slightly in November, reflecting ongoing concerns about economic prospects despite resilient pay growth and employment levels.Stocks featured:CMC Markets, Games Workshop and Ithaca EnergyTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Due to geopolitical uncertainties and a cautious market response to changes in fiscal policy, UK economic indicators were mixed. Growth slowed in the services sector, with the Purchasing Managers' Index (“PMI”) hitting 52.0, reflecting hesitation from the Autumn Budget and geopolitical influences. Inflation data showed some improvement, especially in goods prices, providing a case for the Bank of England (“BoE”) to consider reducing policy restrictions. Meanwhile, the Monetary Policy Committee (“MPC”) voted towards a BoE rate cut to 4.75% to support confidence. The BoE downplayed the impact of an expansionary fiscal policy, but hinted that budget decisions might lengthen the rate cycle.Stocks featured:John Wood Group, TP ICAP Group and Wizz AirTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The UK economy showed mixed signals last week, with key developments impacting market expectations. The budget delivered by Rachel Reeves, which included a £70 billion spending boost, led to predictions of a shallower rate-cutting cycle by the Bank of England (“BoE”). A Reuters poll indicated economists largely expect a cautious BoE approach, with rates potentially reaching 3.5% by the end of 2025. Job vacancies in London continued to lag, sitting 25% below pre-pandemic levels, partly due to the rise in hybrid work and lower demand for retail roles. Shop prices declined by 0.8% year-on-year, hinting that inflation could stay below the BoE's 2% target. Meanwhile, full-time pay rose 6.9% annually, with the strongest gains in hospitality and customer service roles. The UK manufacturing Purchasing Managers' Index (“PMI”) slipped to a contractionary 49.9, reflecting slower growth and stretched supply chains.Labour's first budget in fourteen years focused on increasing public spending to address deficiencies in Britain's public services, with measures like a £40 billion tax rise, mainly targeting businesses through increased employer national insurance contributions. Despite International Monetary Fund (“IMF”) backing for the Labour government's tax-based deficit reduction approach, the budget sparked market concerns, with gilts and sterling selling off. The Office for Budget Responsibility (“OBR”) projected little change in long-term growth, at around 1.5%. Moody's also warned that frequent adjustments to the UK's fiscal rules could weaken policy credibility, highlighting limited fiscal buffers for future shocks. With state spending now at 44% of gross domestic product (“GDP”), Reeves faces pressure to balance economic stability and potential future tax hikes if growth remains stagnant...Stocks featured:Close Brothers Group, Kainos Group and Molten VenturesTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Welcome to this week's AHR market review for the week ending 20th October 2024. Equity markets edged higher over the week as investors navigated a mixed bag of corporate earnings from the US, a rate cut by the European Central Bank (ECB), and a drop in UK inflation.Nvidia, one of the globe's top chipmakers, saw its share price surge to an all-time high, pushing its market value to an eye-watering $3.4 trillion. As anticipated, the ECB lowered its key deposit rate by 25 basis points to 3.25%, marking the first back-to-back rate cut in 13 years. In the UK, softer-than-expected inflation figures and a dip in wage growth have fuelled speculation that the Bank of England (BoE) will move to cut rates again, with a further 0.25% almost guaranteed at the upcoming November meeting. Meanwhile, the latest data out of China painted a mixed picture. US equities rose almost 1% over the week, led by the energy and utilities sector. That's all for this week's AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com. 

Last week saw the Bank of England (“BoE”) maintain a cautious tone on the future trajectory of interest rates. Governor Andrew Bailey noted that while inflation has made significant progress toward the BoE's 2% target, a gradual approach to interest rate cuts is necessary to ensure sustainable price stability. His comments come after the BoE decided to keep rates unchanged last week, following a 0.25% cut in August. Expectations are now centred around a neutral rate of 3% to 3.5%, with Bailey indicating that near-zero rates are unlikely to reoccur barring a significant economic downturn.Stocks featured:Card Factory, Accesso Technology Group and HalmaTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England ("BoE") has left policy unchanged in the short term. Still, it may accelerate rate cuts in the final quarter of 2024 with weakening economic momentum, cracks in the labour market, and softening manufacturing outputs signalling a need for further easing. However, persistent inflationary pressures, especially in core and services prices, keep policymakers cautious. Market expectations of rate cuts are rising, with economists predicting the bank rate could fall as low as 3% next year. BoE's Catherine Mann remains cautious on a rapid rate cut cycle though, advocating for maintaining restrictive policy to curb inflationary behaviour. Meanwhile, fiscal concerns grow as the BoE's quantitative tightening programme will cost the UK Treasury billions. Despite these challenges, hiring across more sectors has picked up, reflecting some resilience in the economy...Stocks featured:Bytes Technology Group, Close Brothers Group and Wizz AirTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Welcome to this week's AHR market review for the week ending 22nd September 2024. Global equity markets saw a boost this week after the US Federal Reserve cut its key interest rate for the first time since March 2020. While equity markets welcomed the rate cut, its scale may indicate a shift in the Fed's priorities—from controlling inflation to supporting economic growth. Meanwhile, in the UK, the Bank of England (BoE) held its base rate steady at 5.0%, as widely anticipated, with the Monetary Policy Committee voting 8–1 in favour of maintaining the current rate. UK inflation held steady at 2.2% in August, unchanged from July's annual rate. US equities rose around 1.5% for the week, with US technology nearing its historic highs once again. That's all for this week's AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.

The Bank of England (“BoE”) is texpected to hold interest rates at 5.00%his week, with economists forecasting further rate cuts in its November and December meeting, potentially bringing the year-end rate to 4.50%. Attention is also on the BoE's quantitative tightening plans, as there are growing calls to increase the sale of short-dated gilts to boost market liquidity. Investors are watching whether the BoE will accelerate bond runoff next year, in response to a sharp rise in maturing bonds.Stocks featured:Kier Group, Renishaw and TrainlineTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Welcome back to FOREX Focus, your go-to podcast for staying ahead of global currency movements and central bank actions. I'm your host, Adrian Lawrence and today we're diving into a hot topic that's on every currency trader's mind: the Bank of England's expected interest rate cut in Sep 24 In this episode, we'll discuss why this cut is likely, what signals the Bank of England has been sending, and how it might impact the forex market, especially for traders dealing with GBP pairs. So let's get started. For those closely following the Bank of England (BoE), the chatter of a rate cut isn't out of the blue. Several factors are pushing the BoE in this direction. The UK economy has faced consistent challenges this past year, from post-pandemic supply chain issues to rising energy costs, largely exacerbated by geopolitical tensions. However, it's important to note that inflation is now starting to show signs of cooling off, albeit slower than many would hope. With inflation finally edging downward, the BoE is starting to worry less about overheating the economy and more about the sluggish growth that remains. The most recent data shows signs of economic deceleration. Manufacturing and services sectors are slowing, consumer spending is weakening due to high living costs, and unemployment rates are beginning to tick upwards. The BoE's priority now is to avoid a prolonged recession, which could worsen if borrowing costs remain high. That's why markets are widely expecting a cut in interest rates as early as February. Several key figures within the BoE have dropped hints about this possible rate cut. Governor Andrew Bailey, in his recent statements, mentioned that while inflation control remains a priority, the central bank must now consider the broader health of the UK economy. He specifically pointed out that with inflation beginning to cool, the BoE may soon need to adopt a more dovish stance to support growth and employment. Additionally, the latest minutes from the Monetary Policy Committee (MPC) reveal a growing divide between hawkish and dovish members. While some argue for maintaining current rates to ensure inflation doesn't rebound, a majority seem to be leaning toward easing monetary conditions. Now, what does all this mean for the forex market? A rate cut typically signals a bearish outlook for a currency, and in this case, it would likely weaken the British pound (GBP). But let's break down what this means for forex traders, particularly those dealing with GBP pairs. GBP/USD: The U.S. Federal Reserve has been more hawkish lately, showing signs of maintaining higher rates longer to curb inflation. If the BoE cuts rates in February, the interest rate differential between the UK and the U.S. could widen. This would make the GBP less attractive compared to the USD, potentially driving down the GBP/USD pair. We could see increased selling pressure on the pound leading up to February, with many traders already positioning themselves for the expected rate cut. EUR/GBP: The European Central Bank (ECB) has also been grappling with inflation but has maintained a relatively steady hand. Visit our Forex Blog

Recent data from Reed Recruitment shows UK wage growth is no longer declining and is now stabilising, which may pose a challenge to the Bank of England (“BoE”) and Prime Minister Keir Starmer. As sectors like construction and hospitality face skill shortages, rising wages could force a rethink on easing policies. Despite this, analysts remain optimistic about the economic outlook, citing strong balance sheets, a rebound in business investment and stabilising inflation. A BoE survey also indicated that companies expect price increases to slow, even as wage growth holds steady at 4.1%, which has been unchanged since July. Business uncertainty has decreased post-election, and investors are anticipating a potential BoE interest rate cut in November, though further cuts may not come soon...Stocks featured:Ashtead Technology, Genus and Kainos GroupTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England ("BoE") recently made its first rate cut in over four years, stirring cautious optimism about the UK's economic future. Although BoE Chief Economist Huw Pill acknowledged an improved outlook, he noted the growth rate remains modest at around 1% annually from 2024 to 2026. The narrow 5-4 vote for the rate cut underscores persistent inflation risks. Surveys show a slight decline in firms' expectations for wage growth and inflation. The BoE's survey revealed expected wage growth fell to 4.1% and the one-year-ahead consumer price index dropped to 2.5%. Similarly, the Citi/YouGov survey showed stability in one-year inflation outlooks and a minor rise in long-term expectations, reflecting the BoE's increased confidence in disinflation.Stocks featured:Melrose Industries, Haleon and EntainTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/ Hosted on Acast. See acast.com/privacy for more information.

A Reuters poll showed most economists are expecting a Bank of England ("BoE") interest rate cut, with mixed UK data causing some to push expectations from August to September. The absence of comments from BoE Governor, Andrew Bailey, due to the election, has deprived the market of crucial signals. Despite a two-month high in the UK's purchasing managers index ("PMI"), driven by new business growth, uncertainty remains over the BoE's decision, with market odds of a rate cut at approximately 40%. Former BoE Monetary Policy Committee member Sushil Wadhwani suggested Labour should allow the BoE to set its inflation target to boost credibility and reduce borrowing costs. Ernst & Young has upgraded its UK economic outlook, predicting 1.1% gross domestic product ("GDP") growth in 2024 and stable inflation near the BoE's 2% target. However, the International Monetary Fund warned that higher growth is needed to avoid a fiscal gap.Stocks featured:NatWest, Compass Group and FresnilloTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

Recent updates indicate an optimistic shift in the UK economy. KPMG has revised its gross domestic product growth forecast for 2024 from 0.3% to 0.5% and projects 0.9% growth for 2025. This is supported by anticipated Bank of England (“BoE”) rate cuts, potentially reducing the bank rate to 3% next year. This economic boost is further aided by political certainty due to expected fiscal policy changes under a Labour government...Stocks featured:Ibstock, JD Sports Fashion and OcadoTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

UK inflation continued to ease in May, with the headline rate at 2.0% year-on-year, down from 2.3% in the 12 months to April, marking the lowest rate since July 2021. Core inflation was 3.5%, while services prices remained high at 5.7%. The largest downward pressure came from food prices, while motor fuels and transport costs drove inflation up. The Bank of England (“BOE”) held interest rates at 5.25%, emphasising the need for restrictive monetary policy to control inflation. Market expectations for an August rate cut increased to more than a 50% chance after the news, up from 30%. By year-end, 0.50% of rate cuts are now priced in. Economists are divided on whether the BOE will reduce rates in August or later, with some expecting a delayed cut followed by faster easing. Tight fiscal policy under a new government could lead to a more rapid easing cycle next year. The biggest risk to early BOE easing is a stronger economy with rising price pressures and wages. The BOE forecasts headline inflation to rise above target from the autumn and will use updated macroeconomic projections at its next meeting...Stocks featured:Games Workshop, Ocado Group and Phoenix Holdings GroupTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

UK inflation eased sharply in April to 2.3% year-on-year, surpassing market consensus and Bank of England (“BOE”) forecasts of 2.1%, marking the lowest rate since summer 2021. While gas and electricity prices declined, motor fuel prices increased, slightly offsetting the downward pressure. However, core inflation remained sticky, recording a 3.9% figure against a consensus of 3.6%. The key services measure, closely monitored by the BOE for second-round effects, eased slightly to 5.9% from 6.0%, still above the 5.5% consensus.Stocks featured:National Grid, RS Group and Marks and SpencerTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

With the OECD having given its thoughts on global interest rates it says both the Bank of England (BoE) and the Reserve Bank of Australia (RBA) should keep rates higher for longer. While neither is expected to move traders will be keen to hear what each central bank has to say about the outlook. Also on the economic agenda is the first look at UK GDP for the first quarter. Will the economy have emerged from a shallow recession at the end of last year? On the corporate agenda, there's a short list of companies to watch including Walt Disney (DIS), Airbnb (ABNB) and IAG.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.Follow us on Twitter, Instagram, and YouTube

Big week for rate decisions across four central banks; the Reserve Bank of Australia (RBA), Bank of Japan (BoJ), Federal Reserve (Fed) and Bank of England (BoE). Only the BoJ could move with markets expecting at least some loosening of its long held yield curve control, of course the Japanese central bank go for a rise in its 0% rate policy, that could see a spike in the yen, but more likely that will come in April. Outside of this FX traders will be on alert too with the German ZEW & Ifo reports, a full panoply of flash PMI data on Thursday and the UK inflation data from the consumers, producers and also the retail price index. Earnings include US all-sessions stocks Nike, Micron Tech and UK clothing retailer Next on FY numbers.  Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram, and YouTube 

US inflation is the next big number that the Federal Reserve (Fed) will be looking at to see if it's needing another rise in interest rates. That comes on Thursday, a day after the minutes is released from the last Fed meeting at which it left rates on hold. Also, there's a big report issued from the Bank of England (BoE) on systemic risk. There's been a recent survey undertaken by the BoE suggesting that further modelling is needed to close the gaps it sees in the report. In terms of corporate numbers, it's the start of the third quarter earnings season in the US which should be a good indicator of what's happening in the States as more and more people find the going tough with interest rates as high as they are with little prospect of them falling any time in the near future. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram, and YouTube

In a quieter week on earnings, there are still some big hitters to come with a number of companies that trade all-sessions on the IG platform. The biggest are on Thursday with Apple (AAPL) and Amazon.com (AMZN). Also watch AMD, Airbnb, Caterpillar, Coinbase and Moderna. On the economy there are rate decisions from both the Bank of England (BoE) and the Reserve Bank of Australia Eurozone GDP and consumer price inflation. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram, and YouTube

Michael Howell of Crossborder Capital returns to Forward Guidance with a much-needed update on global liquidity. -- Follow Michael: https://twitter.com/crossbordercap Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ -- Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissio... Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can't-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- Timestamps: (00:00) Introduction (01:02) Rising Liquidity Is Supporting A New Bull Market (07:07) Are Shadow Quantitative Easing (QE) and Yield Curve Control Already Here? (27:06) We're In A Liquidity Cycle Upturn (32:42) Falling Inflation Has Boosted Liquidity & Price / Earnings (P/E) Multiples (40:58) Liquidity Is Rising In China & Japan (47:20) Howell's Not Very Bullish On Bonds (54:53) Stocks Will Likely Continue To Outperform Bonds (56:06) When Will The Fed Start Cutting Interest Rates? (01:00:08) Internals Of Stock Market Indicate Global Economic Slowdown Is Likely Already Behind Us (01:03:00) Liquidity Is High In Chinese Financial System (01:13:25) Inflows Into Emerging Markets Are "Very Unusual" (01:16:20) How To Measure Bank of Japan's Liquidity Injections (01:17:25) Bank of England (BOE) and European Central Bank (ECB) Are Less Important Than Fed & People's Bank of China (PBOC) (01:18:29) The Fiscal Endgame (Rates Have To Stay High To Prevent Further Debt Build-up) (01:31:42) When Will Shadow Quantitative Easing (QE) Turn Into Outright QE? -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

While earnings remain on the back foot, UK housebuilder Berkeley Group will be of interest as construction companies across the UK find it increasingly tough and passing on steeply rising costs is becoming impossible. Outside of this it interest rates, first from China then to the Bank of England (BoE). While China is expected to ease policy the BoE is expected to raise rates again to contain raging inflation. UK CPI data is out the day before.*Your capital is at risk. 75% of retail CFD accounts lose money*

The Bank of England (BoE) and Federal Reserve have hinted that further rate rises are on the cards in order to tame rising inflation. Join me online on my free live money management training. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH Today's Podcast Summary Wholesale market rates point to a rate rise.  Inflation in the UK is currently 10.1%. The BoE inflation target rate is 2%! What do you think the BoE are going to do? This will officially put the economy into recession, cause property prices to fall and more homeowners lose their houses through repossession. Do they care? RICS report predicts a fall in property prices of around 5%. Opportunities for first time buyers and property investors as prices fall. Blackstone have just raised $30 billion to buy property. What is your biggest money worry? Watch video version https://youtu.be/ziTf2jOagB8 We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #blackstone #bankofengland #fed #rich #moneyThis show was brought to you by Progressive Media

On the 11th episode of The Finimize Podcast, Eddie Donmez chats with Hugh Gimber, executive director and global markets strategist at JPMorgan Asset Management.They discussed the latest 0.25-percentage-point interest rate hike from the Bank of England (BoE), why the central bank is “outside the herd”, and the big unknown for the BoE. They also sized up the vulnerabilities (or lack thereof) in UK banks, opportunities in the country's stocks, growth versus value investing, and why bonds are very much back in vogue.Partner with us: https://business.finimize.com/Subscribe To Finimize Newsletter: https://finimize.com/Sections:- The Bank of England's latest quarter-point hike - Why the BoE is “outside the herd”- The big unknown for the BoE- How tighter lending standards flow through the economy- Vulnerabilities (or lack thereof) in UK banks- Opportunities in UK stocks- Growth versus value investing- And why bonds are very much back.

O Banco Central (BC) decidiu, na quarta-feira (22), manter a taxa Selic em 13,75% a.a. mais uma vez. O recado do comunicado, porém, não trouxe o comedimento que o mercado esperava, mas um tom pesado sobre as incertezas na economia brasileira, indicando que o juro não deve cair tão cedo.O resultado é que, nos próximos 45 dias, até a próxima reunião do Comitê de Política Monetária (Copom), a disputa entre a autoridade e o governo federal deve esquentar, cada qual defendendo o que entende ser o melhor para a economia do país.O BC cumpre à risca o livro-texto do sistema de metas para a inflação, que impõe juros altos quando as expectativas para o comportamento dos preços estão longe do objetivo, como é o caso agora.Um ex-diretor do BC já chegou a dizer, certa vez, que política monetária é “70% arte e 30% matemática”. Ou seja, mesmo com a imposição do sistema, são os diretores que escolhem a banda de acomodação para os efeitos dos juros.A literatura dos banqueiros centrais conta que a preferência é errar para cima, porque o custo de perder o controle inflacionário é mais alto do que promover um aperto maior no agora. Ainda assim, se a dose for forte demais, o desarranjo pode piorar além da conta.Roberto Campos Neto e os demais diretores da autarquia decidiram esperar por mais evidências sobre a intenção do presidente Luiz Inácio Lula da Silva (PT) com os gastos públicos e sobre a intensidade do arrocho no crédito, tanto aqui, quanto lá fora. E bancaram, literalmente, a independência que têm sobre o governo.No episódio desta quinta-feira (23), o CNN Money ainda traz as repercussões do aumento de 0,25 p.p. dos juros norte-americanos, promovidos pelo Federal Reserve na última tarde. O dia ainda guarda a decisão do BC da Inglaterra, o Bank of England (BoE).Apresentado por Thais Herédia, o CNN Money apresenta um balanço dos assuntos do noticiário que influenciam os mercados, as finanças e os rumos da sociedade e das dinâmicas de poder no Brasil e no mundo.

Central bank policy has been the singularly most important driver for financial markets for well over a year. The Reserve Bank of Australia (RBA) is next up to bat after the US Federal Reserve, the European Central Bank (ECB) and the Bank of England (BOE) helped trigger market-wide fireworks last week.

Central bank policy has been the singularly most important driver for financial markets for well over a year. The Reserve Bank of Australia (RBA) is next up to bat after the US Federal Reserve, the European Central Bank (ECB) and the Bank of England (BOE) helped trigger market-wide fireworks last week.

What do we now know about the economic outlook given the meetings this week at the Federal Reserve (Fed), Bank of England (BoE) and European Central Bank (ECB)? IG's Jeremy Naylor caught up with foreign exchange analyst Richard Snow, from Daily FX, who discussed the potential continuation of the long EUR/USD trade. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.  Follow us on Twitter, Instagram, and YouTube 

The Bank of England (BoE) and the European Central Bank (ECB) each raised their interest rates by 50 basis points today. The goal of course is to bring down inflation, but there are other potential consequences, most notably on growth. Joining the show to discuss is Vítor Constâncio, former VP of the ECB and former governor of the Bank of Portugal.  Also on today's show: Alexander Sixt, co-CEO of the rental car company that bears his last name, talks about the firm's expansion in the US market. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

The European Central Bank (ECB) and the Bank of England (BOE) are set to raise interest rates by 0.50 percent apiece. With the moves broadly anticipated by investors, the tone of the central banks' guidance on the way ahead will take center stage. The US Federal Reserve triggered wide swings across the global financial markets and still more fireworks may follow.

The European Central Bank (ECB) and the Bank of England (BOE) are set to raise interest rates by 0.50 percent apiece. With the moves broadly anticipated by investors, the tone of the central banks' guidance on the way ahead will take center stage. The US Federal Reserve triggered wide swings across the global financial markets and still more fireworks may follow.

The corporate regulator has sued a company owned by of comparison site Finder, which offered a crypto product in its app.   The Bank of England (BoE) and the European Central Bank (ECB) increased interest rates last week by less than the world was expecting, in what could be the start of some good inflation news.   For the first time in over ten years, the mobile games market shrunk in size this year.   ---   Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Strengthening your defenses against fraud In this episode, Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, and Jack Large, Editor of CTMfile, to review the latest treasury news and developments. Topics of discussion include the following: The US Treasury repelling cyberattack by a pro-Russian hacker group Further tightening of Australia's cybersecurity regulations expected following recent cyberattacks US financial institutions processing nearly $1.2 billion in ransomware-related payments last year Canada driving to ISO 20022, but delaying migration The Bank of England (BoE) delivering biggest interest rate hike in 33 years BIS publishing triennial central bank survey of FX and OTC derivatives markets in 2022 JP Morgan executing first-ever cross-border transaction using decentralized finance (DeFi) on a public blockchain HSBC launching its new proprietary tokenisation platform dubbed HSBC Orion UK arm of Santander putting limit on payments to crypto exchanges

As I'm sure you are all aware the state of the economy is getting WORSE. The Bank of England (BoE) base rate has increased, inflation has skyrocketed, and interest rates on commercial and residential mortgage lending products have continued to climb. Many experts are now predicting an economic recession until late 2024. But it's not all BAD news… Because as this dynamic and elusive economic market keeps changing, so do we. In this week's podcast, we're going to discuss how we're changing our commercial deal analysis in these crazy economic times! In the 45-minutes we'll …. Discuss the importance of market research when investing. We'll go through all the key salient points of NCRE's new deal analysis template >The deal summary >The tenancy schedule >The comparable evidence >Estimating market rent >WAULT calculations We'll introduce Marcus Ginn, the founder of Edozo. The centralised platform which makes it easier, faster, and more accurate to research commercial property. We'll walk through how to effectively operate the platform using a practical example in Burton-on-Trent. Finally, we'll discuss our exciting new partnership with Edozo and how as a membership perk our clients can gain discounted access to the platform. REMEMBER: The KEY when performing investment Deal Analysis is DUE DILIGENCE! Want to find out more and gain exclusive access to Edozo, you can listen to the podcast NOW!

On today's episode of “The Macro Trading Floor,” Andreas and Alfonso welcome Mikael Sarwe, director and head of Strategy Sweden at Nordea, to the show. Sarwe argues that with collapsing liquidity driving down the money supply, the ability of market participants to take risk is greatly reduced, and as such the mid-term outlook for risk assets remains poor. Sarwe explains that he remains bond volatility to remain high, but that nonetheless he expects longer-duration bonds to significantly outperform equities over the coming six to nine months. To hear Mikael's actionable trade idea, you'll have to tune in! This episode is sponsored by Saxo Bank. Saxo Bank offers unparalleled market coverage across fiat, crypto and metals. Moreover, they provide free currency subaccounts and competitive interest rates on deposits in local currencies. Learn more at https://goto.saxo/macrofx -- Digital Asset Summit is crypto's most institutional conference. DAS is the only conference that truly combines the worlds of macro finance and crypto, with speakers like Stani Kulechov, Andrew Peel, Lisa Cameron, Jon Cheesman and Thomas Uhm. Visit https://blockworks.co/events/ and sign up for 20% off with code "MACRO." -- Follow Mikael: https://twitter.com/mikaelsarwe Follow Andreas: https://twitter.com/AndreasSteno Follow Alf: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Subscribe To Stenos Signals: https://andreassteno.substack.com/ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Intro (00:44) U.S. Inflation Report (09:05) Is The Bond Market Broken? (13:39) Mikael Sarwe's Recession Thesis (19:04) When Will Central Banks Stop Hiking Interest Rates? (23:33) U.K. Gilts and the Bank of England (BOE) (26:39) Outlook on Bonds (33:22) The Dollar (37:34) The Trade (39:40) Analysis Of The Trade (49:55) Outro -- Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Alasdair Macleod, Michael Oliver and Dr. Quinton Hennigh return. On September 28, the Bank of England (BoE) announced it would begin buying the 30-year gilt at a 20-year high yield at above 5% as pensions funds and other institutions were approaching insolvency due to losses on gilt investments. The fear of a liquidity crisis among pension funds caused by rising interest rates prompted the BoE to pivot even though it was expected to raise rates by as much as 1%. Alasdair emailed your host on October 4 stating, “The BoE's action probably was a turning point. Equally it could be claimed that the public discovery that Credit Suisse has issues could have persuaded the Fed that higher interest rates bring forth systemic risks. We may have a clearer idea on 11th when I'm on your show again!” Stock and bond markets rallied hard off of that news but there are no signs of a change of heart at the Fed. In fact, as Adam Taggart opined on this show on Oct. 4th, it is exactly this kind of Pavlovian pivot psychology that Adam Taggart told listeners that Chairman Powell is determined to dismantle from investor thinking. Since the BoE's action, the Fed and other banks have stood resolutely hawkish, sending U.S. Treasuries' rates higher again while equity prices have cooled. Meantime, the rallies in the price of gold and especially of silver have Michael issuing one of his most bullish declarations in recent memory. Alasdair will be asked for his latest views on the significance of the BoE pivot and Michael will be asked to explain his sudden bullish views on precious metals. Quinton will opine on some spectacular gold assays reported by Lion One Metals.

Alasdair Macleod, Michael Oliver and Dr. Quinton Hennigh return. On September 28, the Bank of England (BoE) announced it would begin buying the 30-year gilt at a 20-year high yield at above 5% as pensions funds and other institutions were approaching insolvency due to losses on gilt investments. The fear of a liquidity crisis among pension funds caused by rising interest rates prompted the BoE to pivot even though it was expected to raise rates by as much as 1%. Alasdair emailed your host on October 4 stating, “The BoE's action probably was a turning point. Equally it could be claimed that the public discovery that Credit Suisse has issues could have persuaded the Fed that higher interest rates bring forth systemic risks. We may have a clearer idea on 11th when I'm on your show again!” Stock and bond markets rallied hard off of that news but there are no signs of a change of heart at the Fed. In fact, as Adam Taggart opined on this show on Oct. 4th, it is exactly this kind of Pavlovian pivot psychology that Adam Taggart told listeners that Chairman Powell is determined to dismantle from investor thinking. Since the BoE's action, the Fed and other banks have stood resolutely hawkish, sending U.S. Treasuries' rates higher again while equity prices have cooled. Meantime, the rallies in the price of gold and especially of silver have Michael issuing one of his most bullish declarations in recent memory. Alasdair will be asked for his latest views on the significance of the BoE pivot and Michael will be asked to explain his sudden bullish views on precious metals. Quinton will opine on some spectacular gold assays reported by Lion One Metals.

1. Markets are testing the June lows. Yesterday, the S&P 500 index breached the June lows briefly and then bounced back above the June bottom by the close. These markets are very oversold so a short term bounce is due at some point soon. The bigger trend is down though so be careful if you are trying to bottom fish here.2. The Bank of England (BOE) said it would temporarily purchase long-dated UK government bonds in an effort to stabilize the plunging British pound. The currency market has gone crazy as the US dollar just keeps gaining strength against everything but the Russian Ruble. Europe is a mess and that includes the UK. 3. Today, bond yields are retreating in the 2-year note and also the 10-year note. This should help markets temporarily, but yields on the 2 year are still around 4.15%. Remember, that is where the fed funds rate needs to go, so the Fed is still behind the curve. 4. Apple (AAPL) was getting pounded today trading lower by 3% to $147.00 a share. Bloomberg reported that Apple Inc is scrapping its plan to increase production of the iPhone14 from its original forecast of 90 million units due to weaker demand. Apple Inc is a mega cap so it carries a lot of weight in the major indexes and can be viewed as a major sentiment component. Demand just isn't there for the iPhone 14.5. Gold is shining today as people realize they will eventually want to own a hard asset. Gold's day is coming soon. 6. Bitcoin is slightly under pressure today trading around 18,900. Remember, this is in a major down-trend and will eventually go to 13,000. 

Liz Truss, the UK's latest Prime Minister, has vowed to review the mandate of the Bank of England (BoE). It's unclear what outcome she wants, although Kwasi Kwarteng, who is likely to be the new Chancellor of the Exchequer, has suggested the BoE didn't move fast enough to lift interest rates. Does that mean she wants more influence over the bank's decision making? On this week's podcast Phil Dobbie and Prof Steve Keen look at the approach taken by central banks this time round to reduce inflation and Phil asks Steve, if you were to change the function of central banks, what would you do? Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.