UK: Inflation Rebound Stunted in Sep-20
UK inflation failed to rise as much as I expected largely because of food prices and methodology. The inflation profile now looks lower, although...
195 Views
UK: Unemployment Accelerates in Aug-20
A methodological change drove the 0.2pp surprise. The underlying UR rise was slightly smaller than we assumed, but still marked an acceleration...
243 Views
UK: Recovery Stalling Before Winter Winds
GDP growth slowed further in August to only 2.1%, which was under half the expected rate. Such sequential slowing reinforces my view that the...
347 Views
Event Risk and Market Volatility: Partners in Crime
Market volatility has been reasonably subdued in recent weeks, despite acute event (and macro data) risk in the next four weeks, including of...
430 Views
UK: Winter Is Coming to Crush the Recovery
second wave of the Covid-19 pandemic is motivating new activity restrictions, which seem set to get tighter as seasonality raises infections. I...
455 Views