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Justin Low

Germany expects recession spanning three quarters in a row, starting in Q3 2022

A harsh winter beckons for the German economy and the forecasts certainly underscore that. The energy crunch and soaring inflation pressures are to hit households hard, and these aren't issues that are going...

European equities open higher to start the day

Eurostoxx +1.8%Germany DAX +1.7%France CAC 40 +1.7%UK FTSE +1.4%Spain IBEX +1.6%This extends the mood from yesterday as European stocks are catching up to the surging gains and turnaround in Wall Street yesterday. There...

UK government has been clear, detailed plans to be laid out on 31 Oct – Hands

It is not unusual for lawmakers to come back early from international visitsTruss and Kwarteng are resolute, determinedGovernment will make responses as appropriateTruss determined to stick to her plansGovernment has been clear, detailed...

Equities pull off a coup after yesterday’s US CPI data

It was a bit of an odd reaction after the hotter-than-expected US CPI yesterday. It wasn't so much so that we saw a major turnaround in sentiment but more so that it came...

Pound extends climb on talk of a mini-budget U-turn

Well, here we go. Sterling is now nudging higher as there is word on the street that the government may look to perform 'the mother of all U-turns on the mini-budget', despite having...

Long-end gilt yields come off the boil

If there is a reason for the more optimistic tone so far in European morning trade, this is arguably a key one.30-year gilt yields are down 31 bps to 4.58% on the day,...

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