Bringing you live news and features since 2006 

WisdomTree comments on UK inflation fall


Following news that UK inflation has fallen to 2.6 per cent in June, Nick Leung, research analyst at WisdomTree in Europe, comments that we haven’t seen the last of inflation yet as Brexit negotiations have the potential to increase volatility in the pound.

Leung says: “Today’s inflation reading is slightly softer than expected, underpinned by a combination of oil price weakness, a stabilising pound and import-cost induced inflationary pressures undermining consumers’ debt-fuelled spending power.

“The latter in particular will likely encourage the BoE to delay the rate hike cycle for as long as possible, especially against a backdrop of weakening business sentiment and absent wage increases further eroding UK consumer spending.

“Alongside a divided UK cabinet that is yet to adopt a coherent Brexit strategy, ongoing political uncertainty will continue driving volatility in the pound and UK inflation over coming months.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by