The UK Treasury has today unveiled further fiscal stimulus and support initiatives aimed at cushioning the negative impact on businesses caused by the Government lockdowns and restrictions aimed at suppressing the covid-19 virus.
September 24,2020
"We struggle to see how the economy can grow in 4Q," says a research note from Bank of America Merrill Lynch, citing "escalating lockdown measures, fading stimulus and Brexit risks".
September 23,2020
A survey of the UK economy covering the September period showed the rebound continues apace, even if it had slowed since August and was a little softer than market consensus had been expecting.
September 23,2020
Contrary to what the Federal Reserve thinks, low US Treasury volatility is dangerously explosive says Althea Spinozzi, Fixed Income Specialist at Saxo Bank.
September 21,2020
UK high street lenders have been accused of "outrageously failing" British expats living in Europe following weekend reports that they would be shutting down their accounts after the UK leaves the EU at the start of 2021.
September 21,2020
HM Treasury’s innovative Eat Out to Help Out scheme likely provided a meaningful boost to the economy in August, according to Deutsche Bank, although its expiry and statistical base effects could mean that it bites September’s GDP numbers ahead of a possibly bleak winter.
September 18,2020
Powell's dovish message is bad news for the market says Althea Spinozzi, Fixed Income Specialist at Saxo Bank, who says the Fed is dragging us towards unsustainable levels of corporate debt and ever-low interest rates.
September 17,2020
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