UK Budget: Surplus Splurged
The 2018 Budget accounted for the previously announced spending splurge on the NHS and was otherwise broadly neutral. It was paid for by recent...
223 Views
This Week in Macro: NFP, BOJ, EZ GDP - Short UST/JGB, Long Argie/Turkey, US Midterm Tail Risk Trades
Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: Initiate strategic short 10yr USTs and JGBs...
357 Views
Preview: BoE Holding Out for Brexit News
The UK economic outlook remains bifurcated by EU withdrawal negotiations. Until the BoE knows the outcome and reactions to it, any guidance can...
366 Views
Preview: UK Splurging the Surplus Before Brexit
The UK's 2018 Budget must balance good fiscal news against a significant spending commitment to the NHS. I expect borrowing projections to become...
360 Views
FLASH: UK Sales Snap Back Down to Trend in Sep-18
UK retail sales were a little disappointing in September by falling 0.8% m-o-m, but this was merely a quicker than expected snap back to its...
330 Views