Data from IHS Markit this morning indicated that Eurozone growth hit a 15-year high in June. Chief Business Economist at IHSMarkit, Chris Williamson, said “Europe’s economic recovery stepped up a gear in June, but inflationary pressures have also ratcheted higher” more..
UK Services PMI® data indicated that the strong recovery in service activity continued during June. Economics Director at IHS Markit, Tim Moore, said “The service sector recovery remained in full swing during June as looser pandemic restrictions released pent up demand for
business and consumer services” more..
Boris Johnson will today set out the final phase of the roadmap out of lockdown.
Markets in the US are closed for the Independence Day holiday.
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’