RECAP OF THE WEEK
HoC vote on PM’s ‘plan B’ amendments provided the PM two weeks to re-engage EU
US Fed took a dovish turn, driving US rates and the USD lower, and supporting equities
EZ flash ‘headline’ CPI fell to 1.4%y/y on lower energy prices, while ‘core’ CPI rose 1.1%y/y
US labour market data surprised on the upside, with +304k
UK manufacturing PMI fell to a 3-month low, supported by continued input stock building
HoC vote on PM’s ‘plan B’ amendments provided the PM two weeks to re-engage EU
US Fed took a dovish turn, driving US rates and the USD lower, and supporting equities
EZ flash ‘headline’ CPI fell to 1.4%y/y on lower energy prices, while ‘core’ CPI rose 1.1%y/y
US labour market data surprised on the upside, with +304k
UK manufacturing PMI fell to a 3-month low, supported by continued input stock building
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