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7 June 2024
555 KB
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- The Fed: no change in policy anticipated; new SEP may provide additional insight into path of rates
- May employment: strong job growth; firm advance in wages
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6 June 2024
348 KB
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- Bunds made losses as the ECB delivered the first rate cut this cycle, but made no watertight commitment to ease policy further as the Eurosystem revised up its inflation projection for this year and next.
- Shorter-dated Gilts made notable gains as the BoE’s DMP survey signalled a further moderation in firms’ inflation and wage expectations.
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5 June 2024
318 KB
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- Bunds made modest gains as euro area producer goods prices fell for a sixth successive month and the final services PMIs signalled a further easing in price pressures.
- Gilts were little changed while the UK’s PMIs signalled a slowdown in recovery momentum and price pressures in the services sector.
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4 June 2024
277 KB
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- Bunds followed USTs higher, while German jobless claims rose the most in seven months and job vacancies fell to a three-year low.
- Gilts also made gains even as a UK retail survey suggested a pickup in sales volumes in May.
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31 May 2024
369 KB
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- Bunds made modest losses as euro area inflation exceeded expectations in May, with the services component up to a seven-month high.
- Gilts followed USTs higher while BoE data reported a marked slowdown in consumer credit growth but a pickup in mortgage lending.
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31 May 2024
538 KB
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- Q2 growth: early data suggest ongoing moderation in economic activity
- April inflation: favorable after an ugly Q1
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30 May 2024
312 KB
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- While Spanish inflation exceeded expectations and euro area unemployment fell to a new series low, Bunds followed USTs higher.
- Gilts followed the global trend higher on a quiet day for UK economic news.
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29 May 2024
311 KB
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- Bunds made losses as the flash estimate of German HICP inflation in May surprised slightly on the upside, albeit likely due to one-off factors.
- Gilts also made significant losses on a quiet day for UK economic news.
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