The GBP Week – Bias is Neutral-to-Bearish
The Bank of England pretty much now have all the information at their disposal before they meet on Thu, with a quiet week ahead in the UK in terms of major data updates. What will probably be vital to deliberations is the latest agents' survey which will provide an insight into whether the post election PMI bounce is sustainable.
Latin American Bond Issuance Sets New Monthly Record
The Latin America New Issue Market has kicked off 2020 with unprecedented numbers. With one more week before January ends, LatAm issuers are taking full advantage of favorable market conditions to sell new paper for which there has been robust demand.
German Ifo Shows Industry Improving But Coronavirus a Risk
The January German Ifo was somewhat of a kick in the teeth for the sentiment is improving thesis. The current assessment met expectations at 99.1. The climate and crucially the expectations components both fell short and were lower than last time.
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