Jeremy Hunt appointed as UK's new finance minister

Hmmm, didn't see that choice coming. He SHOULD be a safe pair of hands but we shall have to see if the reality matches the theory.

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Real US Retail Sales Tumble (Again) In September
From zerohedge.com|Oct 14, 2022
US retail sales were expected to rise 0.2% MoM in September but instead were disappointedly unchanged. On a year-over-year basis, retail sales (nominal) rose 8.2%, the weakest ...
Monthly Survey of Manufacturing, August 2022
From statcan.gc.ca|Oct 14, 2022
Manufacturing sales fell 2.0% to $70.4 billion in August, the fourth consecutive monthly decline. There were lower sales in 17 of 21 industries, led by the petroleum and coal ...
Wholesale trade, August 2022
From statcan.gc.ca|Oct 14, 2022
Following a decline in July sales, August wholesale sales increased 1.4% and reached a new high of $81.3 billion. Growth was reported in five of the seven subsectors, representing ...

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Putin: No Need for Massive Strikes on Ukraine Now
From @Sino_Market|Oct 14, 2022|18 comments
tweet at 8:56am: Putin: No Need for Massive Strikes on Ukraine Now. That's for Now, but We Will See. Direct Clash of Nato Troops with Russia Would Lead to Global Catastrophy. tweet at 8:47am: PUTIN: IF IT TURNS OUT THAT HUMANITARIAN CORRIDORS FOR UKRAINE GRAINS ARE USED FOR TERROR ACTS, THEN THERE IS NO NEED FOR SUCH CORRIDORS PUTIN: NO PLANS FOR ADDITIONAL MILITARY MOBILIZATION IN RUSSIA PUTIN: IN NEXT TWO WEEKS MOBILISATION WILL BE OVER tweet at 8:39am: PUTIN: WE RESPECT THEIR POSITION, BUT WE KNOW THAT KYIV DECIDED NOT TO PROCEED WITH TALKS PUTIN: WE ARE OPEN FOR TALKS, WE HAVE ALWAYS SAID THIS
What to make of USD/CHF at parity?
From think.ing.com|Oct 14, 2022
As James Knightley noted in his review of the September US CPI release, core inflation has not been this high since 1982. This suggests there will be no letup in the Fed's hawkish ...
LEI for the United Kingdom Continued to Decline in August
From conference-board.org|Oct 14, 2022
The Conference Board Leading Economic Index®(LEI) for the United Kingdom declined by 0.5 percent in August to 80.7 (2016=100), following a 0.6 percent decline in July. The LEI ...

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