WTFX: Issue 3
It's been an underwhelming summer, so we've taken that theme and run with it! This month we discuss an OBR report that didn't get the coverage it deserved, and take a look at the management and mismanagement of currency, with a focus on the Korean Won.
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Dollar Index at 10-Month High as Yields on T-Notes Push Higher
Raising rates from Federal reserve, DXY appreciates to highest level, and average sick days on the rise for the UK
Speculation Mounts Over HS2’s Second Leg
Breaking the second leg of HS2, release of UK GDP figures on Friday, and Financial Times suggest US are sending long-range missiles to Ukraine.
Bank of England Hold Rates
Interest rates held by Bank of England, lower-than-expected UK retail sales, and contracting German PMIs.
The Fed’s Hawkish Hold
Possibility for another Fed rate hike, today's Bank of England interest rate decision, and a look at ONS labour market data.
UN Secretary-General Warns “Our World is Becoming Unhinged”
Warnings of greater risk from UN Secretary-General on the back of the Russian invasion of Ukraine, ease of inflation for the UK, and today's Fed interest rate decision.
Biden to Hold Inaugural C5+US Summit
C5+US summit hosted by Biden, deal made with the US and Iran, and rising oil prices.
DXY Edges Higher Ahead of Fed Rate Decision
US Dollar Index sees six-month highs, English councils struggling to meet financial liabilities, and potential for Brexit deal rewrite.
ECB, US Retail Sales and Trouble on the Tracks for HS2
European Central Bank's tenth consecutive rate hike, US retail sales climb, and trouble for HS2 plans.
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