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The Week Ahead - China Q2 GDP, retail sales, US CPI, retail sales, UK CPI, US banks Q2 resultsANALYSIS |
7/9/2021 4:42:14 PM GMT
UK CPI (Jun) – 14/07 – One of the main concerns that has been worrying investors this year has been the potential for a sharp rise in inflationary pressures, and these concerns have become more amplified this year in the wake of supply chain, as well as Brexit related disruption, along with similarly big surges in US and Chinese inflation as well. These concerns have served to push bond yields up from where they were at the beginning of this year, with a lot more talk about when central banks might look at paring back some of their monetary policy support measures. Rising factory gate and commodity prices have merely served to reinforce these concerns, and we are already starting to see early evidence of having to pay higher prices, notably in terms of higher air fares and other transport