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Our economics team is forecasting a 25bp cut in the bank rate and a resumption of QE – forecasting 75bn in purchases over the next 4-months. Forecasts for inflation and growth will be reduced.
The risk to sterling is Read More →
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US: Personal Income And Spending - Tue - 8/2 - 08:30 AM ET
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Yesterday Chinese manufacturing PMI eased marginally lower breaching 50 levels and going into contraction; in the US ISM Manufacturing for July came out at 52.6 marginally lower than the previous 53.2 but still in growth territory and showing some stabilization.
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