The infoshot to help kick-start your week
- The British economy unexpectedly slowed in July on the back of the spread of the delta variant and large numbers of self-isolation orders were issued by track and trace. Economic output rose just 0.1% in July.
- Chinese vehicle sales slid 17.8% in August from a year earlier, falling for a fourth consecutive month as the worlds largest vehicle market was hit by the global shortage of semiconductors.
- U.S and U.K employers are currently facing the worst shortage of job candidates on record, which may have the effect of increasing the persistence of inflation through increased wages.
- Consumer prices in Germany rose 3.9% in August compared to the same month last year. This marks a slight increase from July’s annual inflation rate of 3.8%.
Source: Financial Express, Copia Capital Management. See Notice.
German consumer price index data to be released on Wednesday August 11th, expected 3.8% YoY.
U.S consumer price index data to be released on Wednesday August 11th, expected 5.3% YoY.
The performance of each asset class is represented by certain Exchange Traded Funds available to UK investors and expressed in GBP terms selected by Copia Capital Management to represent that asset class, as reported at previous Thursday 4:30pm UK close. Reference to a particular asset class does not represent a recommendation to seek exposure to that asset class. This information is included for comparison purposes for the period stated, but is not an indicator of potential maximum loss for other periods or in the future.Open document settingsOpen publish panel