- Global equities subdued
- UK adds 170,000 jobs; retail sales growth picks up
- US inflation falls; NY Fed hawkish
- Japan see exports and imports slump
- The price of oil rises on rumours of output freeze
Imperium Capital Publication
Viewpoint – August 2016
Fortunately, the Brexit vote proved to be anything but the globally systemic shock that many had predicted. Within weeks most equity markets had recovered all and more of their immediate post-referendum falls as it became clear that the only lasting impact on markets globally was to delay any prospect of monetary tightening into the long distant future.
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Weekly Digest – 14 August 2016
- Gilt prices rise as BoE suffers from supply drought
- US July data comes in below expectations
- Encouraging economic data out of China
- EU waives budget deficit fines for Spain and Portugal
- Oil rebounds from its bear market
Weekly Digest – 7 August 2016
- Bank of England cuts rates and adds to QE
- US sees continued job creation
- Bank of Japan announces fresh stimulus
- JGBs sell off; gilts rally
- Oil rebounds midweek
Weekly Digest – 31 July 2016
- European banking stress test results yield no major surprises
- Eurozone and UK GDP growth beat expectations
- US economic growth disappoints
- Japan: fiscal stimulus expected, monetary stimulus disappoints
- Oil enters a bear market