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Results: listing 1 - 6 of 66 for “GBP/SEK”

UK Comment — Florence speech: The UK government aims to buy itself some more time

  1. The UK government aims for 'status quo' transition period of two years
  2. The UK still wants bespoke deal; a solution like the one for Norway or Canada will not be enough
  3. Our take: transition period will buy more time, but hard Brexit still the most likely outcome

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

UK Comment — UK retail sales stronger than expected in August

  1. Retail sales up 1.0% in August, beating consensus at +0.2%; July numbers revised upward
  2. Good volume growth, despite strong price increases across the board
  3. Sentiment suggests retail sales growth should hold up in the short term

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

UK Comment — A markedly more hawkish tone from the Bank of England

  1. More weight put on tight labour market
  2. Trade-off between weak real economy and high inflation seen as less pronounced
  3. Majority expects policy tightening to be appropriate over coming months

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

UK Comment — Bank of England preview

  1. Economic news mixed; wage growth weak, but inflation surprising to the upside, little momentum in GDP
  2. Majority on MPC should be in no hurry to raise rates...
  3. ...but minority wanting to raise the bank rate now may have increased from 2 to 3

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

UK Comment — UK unemployment rate lowest since 1979; wage growth stubbornly weak

  1. Unemployment rate falls to 4.3 percent, but wage growth unchanged at 2.1 percent
  2. Domestic cost pressure weak; BoE majority should be in no hurry to raise rates

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

UK Comment — UK inflation stronger than expected in August

  1. CPI inflation at 2.9 percent y-o-y exceeds consensus and BoE expectations in August
  2. Cost pressures ticked up again, but inflation is probably still close to peaking
  3. The number of hawkish dissidents on the MPC may have increased to three

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