#Search - Handelsbanken Capital Markets

 

Research


Choose type:


Results: listing 1 - 6 of 146 for “EUR/GBP”

UK Comment — UK CPI inflation increases to 2.5% in July, slightly lower than the BoE expected

  1. CPI inflation up to 2.5% in July from 2.4% in June; core CPI inflation unchanged at 1.9%
  2. Headline inflation buoyed by energy price inflation
  3. Inflation to decelerate ahead

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — UK labour market numbers mixed

  1. Unemployment down to 4.0%, total pay down to 2.4% and regular pay down to 2.7% in June
  2. Unemployment pulled down by drop in labour force
  3. Trend in line with BoE expectations so far

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Muted rebound in Q2

  1. Adjusting for one-offs, the GDP trend is still deteriorating
  2. Services growth and construction pulled up, while manufacturing pulled down - exports particularly weak
  3. We expect the GDP trend to continue to weaken and the BoE to hike no further

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Bank of England hikes in line with market expectations

  1. MPC with unanimous hike
  2. Outlook broadly unchanged – conditioning path implies two more hikes by the end of 2020
  3. We believe today’s hike was the last one for the next tow to three years

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Preview Bank of England: A close call

  1. BoE surprisingly hawkish in June
  2. New data somewhat on the weak side of BoE expectations
  3. A close call in August

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — BoE more hawkish than expected

  1. Policy rate unchanged at 0.5 percent, but minority favouring an imminent rate hike increased to three from two
  2. MPC sees Q1 weakness as merely temporary
  3. Increased likelihood of a rate hike in August

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no