Author

Live Squawk

LiveSquawk’s audio news broadcast (or squawk) provides listeners timely, sharp & pertinent commentary on financial headlines, data & global events affecting markets 24-hours a day Sunday to Friday.

We aggregate all the best commentary and research desk papers and present them in an easy to read format. Sent via email or viewed via the website, subscribers have access to convenient summaries of current market analysis and economic event reaction.


Beginner

BoE Expected To Boost Asset Purchases

As the UK starts to emerge from the its Covid-19 lockdown, the Bank of England’s Monetary Policy Committee is expected to provide further assistance and support for the economy by ensuring maximum accommodation remains in place. Analysts expect the MPC to leave its main interest rate at 0.10pct while the policymakers expand the quantitative easing … Continued

ECB’s Lagarde Goes Big, Adds EUR600bln To PEPP

ECB’s Lagarde overdelivered today as the central bank announced a further expansion of its Pandemic Emergency Purchasing Programme; adding EUR600bln more asset buys until at least June 2021. Read more here.

Beginner

US Durable Goods review: Headline drop second largest since early 1990s

-17.2pctOverall orders for durable goods shrank for a second month in April but beat expectations of a decline of 19.1pct m/m. The March print was revised to 16.6pct versus the -15.3pct previously reported. The headline drop was the second largest since order tracking began in the early 1990s. Economists are estimating GDP plunged as much … Continued

Intermediate

UK Lockdown Decimates High Street Sales, Online Activity Hits Record Highs

Retail sales plummeted to a record monthly low in April as the effects of the Covid-19 lockdown were felt on the high street. The Office for National Statistics (ONS) said spending on food, fuel and clothing all fell significantly at the start of spring, whilst purchases over the internet spiked. Read more.

Intermediate

UK Inflation Plunges in April As Covid-19 lockdown Hits Oil Prices

Headline inflation lowest in over three years Falling energy and fuel prices account for majority of slump Analysts expect UK inflation to approach zero over the summer Job losses to subdue wage inflation for the medium-term GBP drops further on lower-than-forecast CPI London, 20 May 2020 (LS NEWS) – The UK’s main rate of inflation … Continued