Research


Choose type:


Results: listing 1 - 6 of 149 for “GBP/SEK”

UK Comment — Dovish BoE remains on hold

  1. Policy left unchanged; the decisions were unanimous
  2. Weaker global growth and Brexit uncertainty had led to further slowing of UK economy
  3. The BoE likely to remain on hold ahead

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

UK Comment — UK inflation easing markedly in August

  1. CPI inflation down to 1.7% and core CPI inflation down to 1.5 percent in August
  2. Inflation below market expectations, but roughly in line with the BoE forecast
  3. We expect the BoE to sit perfectly still tomorrow

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

UK Comment — Resilient UK labour market, but weakness starting to show

  1. Unemployment rate down, as labour force growth weaker than employment
  2. Wage growth could have reached its peak
  3. With Brexit unresolved, the BoE will likely sit still next week

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

UK Comment — PMIs suggest UK activity is stalling

  1. Composite PMI down to 50.2 in August from 50.7 in July
  2. All sectors indicate outlook is weakening
  3. New orders fall at fastest rate in many years

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

UK Comment — GDP contracts in Q2

  1. GDP fell 0.2 percent in Q2 vs. expectations (market and BoE) of zero growth
  2. Falling activity in IP and construction, marked deceleration in services growth
  3. Increased risk of no-deal Brexit will weigh on activity ahead

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

UK Comment — BoE on hold as Brexit clouds outlook

  1. As expected, no change to monetary policy - policy rate kept at 0.75 percent
  2. Slower growth expected in the near term. Longer-term estimates affected by inconsistency due to Brexit
  3. We expect the BoE to remain on hold as it awaits Brexit... which will probably be postponed again

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