ZGBR News and Press, SPDR Solactive United Kingdom ETF From 09/10/22

Summary Russia cuts off natural-gas flows to Europe indefinitely. UK unveils plan to cap energy prices for businesses and consumers. Sovereign bond yields rise as rate hikes continue. On the latest edition of Market Week in Review, Chief Investment Strategist for Nor...

Summary We continue to believe that large cap US equities should be the outsize bedrock asset on the growth side of long-term portfolios. UK household energy bills are currently set to rise 80 percent between now and the end of the year, with further increases expected in the earl...

Summary The hawks won the front-loading argument and the ECB’s council unanimously decided to raise all key rates by 75bp. The growth forecasts, while lowered, do not project a recession next year and thus provide the leeway for more forceful action. Markets now see a 5...

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Summary Liz Truss has been formally sworn in as the UK’s new prime minister and it looks like her first act will be to cap energy prices for both households and some businesses. There’s plenty to debate about a blanket price cap, but the obvious benefit is it’...

Summary Global economic output contracted in August for the first time since June 2020, according to the latest PMI survey data. For the first time since early 2020, all four largest developed economies reported falling output. Reduced input cost inflation and worsening demand...

Summary The S&P Global/CIPS UK Composite PMI fell below the crucial 50.0 no-change mark during August for the first time in 18 months. A severe and accelerated drop in UK manufacturing output was joined by a near-stalled service sector. The latest PMI survey data show UK priva...

Summary In most countries/regions around the world, monetary inflation rates peaked at extraordinary heights in early 2021 and have since crashed. G2 True Money Supply is the primary driver of the global boom-bust cycle. Once central banks have created a bubble the best they c...

Summary The Reserve Bank of Australia makes its announcement early Tuesday, September 6. One of the challenges for policymakers and investors is that Australia reports inflation quarterly. The labor and property markets are showing signs of weakening, but the consumer appears to b...

Summary The JPMorgan Global Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell from 51.1 in July to 50.3 in August, its lowest since June 2020. Output only rose in ten of the 30 economies for which data are available, and in five of those - including mainla...