Unemployment at record low
Recent UK data indicated that the February composite PMI rose further to 53.3, reflecting a modest expansion in an environment where costs have continued to increase due in part to[…]
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Global stock markets continue their positive performance for the third month in a row
The US consumer continues to drive the US Economy, with consumer spending growing at an annualised rate of 2.8% during the last quarter of 2023, after increasing by 3.1% in[…]
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The UK economy shrank slightly in the third quarter
Data released in the US was for the most part positive. Consumers continue to spend in November, with real personal spending rising by 0.3% with inflation continuing to moderate. The[…]
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Increase in mortgage approvals pointing to a stabilisation in the property market
Recent data from the US confirms that their economic expansion continues at a strong pace while at the same time inflation has started to slow. Real GDP for the third[…]
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Athelney Is On The List
In spite of the fact that the US economy expanded faster than expected in the third quarter, the equity risk premium increased materially in October. This was driven by fears[…]
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US GDP growth steady for the second quarter of 2023
While US GDP growth was steady at 2.1% for the second quarter of 2023, treasury yields climbed higher following recent hawkish comments from the FOMC, a renewed increase in oil[…]
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The authorities in China have been trying to avert an economic slowdown
In the US, the increase in GDP at an annualized rate of 2.1% in the second quarter compared to earlier estimates of 2.4% for the same period lifted hopes for[…]
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US economic data continues to beat expectations
US economic data has continued to beat expectations with the advance estimate of real GDP increasing by 2.4% in the second quarter, exceeding expectations. While there was a continued decline[…]
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AI is certainly the centre of attention
China has been the mainstay for world economic growth for many years but is likely to be less so. The June decline in the Chinese manufacturing PMI to 53.2, pointed[…]
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Labour market remains resilient
While the media has been focused on the outcome of the debt negotiations in the US, investors appear to be more concerned with economic data similar to that published by[…]
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