Features

Money Minute Tuesday 10 December: UK growth expected to tick up

In the UK this morning, we get the latest UK growth estimate, plus German sentiment and an idea about the state of Europe's online retail sector.

In the UK this morning, we get the latest monthly GDP estimate for October.Markets expect GDP to have ticked a little higher, driven by a small monthly improvement in output in the services and manufacturing sectors.

On the corporate front, tool hire group Ashtead reports its latest half-year results.Ashtead is deemed a useful bellwether for activity in the US housing market.

Other companies reporting include Tritax Eurobox, the real estate investment trust dedicated to properties involved in logistics and distribution in continental Europe.The trust is viewed as a play on the ongoing spread of e-commerce given the well-publicised travails of traditional bricks and mortar retailers, it will be interesting to see if Eurobox has been able to capitalise on that.

Over in the eurozone, we get the latest reading on German economic sentiment.Markets will be watching the latest figure closely data released last week on industrial production was far worse than expected, suggesting that German industry is in its worst downturn since the financial crisis.

Recommended

Too embarrassed to ask: what’s the difference between producer price inflation and consumer price inflation?
Too embarrassed to ask

Too embarrassed to ask: what’s the difference between producer price inflation and consumer price inflation?

Two of the most important indicators for the economy are “producer price inflation” and “consumer price inflation”. But what are they and what do they…
13 Apr 2021
How the Covid-19 vaccine crisis is putting the EU in danger
EU Economy

How the Covid-19 vaccine crisis is putting the EU in danger

The botched coronavirus vaccine campaign will cause long-term harm to the EU's economy, says Matthew Lynn.
4 Apr 2021
What does Joe Biden’s $3trn infrastructure plan mean for your money?
US Economy

What does Joe Biden’s $3trn infrastructure plan mean for your money?

Joe Biden is set to announce a further $3trn of public stimulus in the US. Saloni Sardana looks at what’s on the table, and what effect it could have …
30 Mar 2021
The European Central Bank fumbles its way towards yield curve control
EU Economy

The European Central Bank fumbles its way towards yield curve control

The EU’s economic recovery is faltering, but its bond yields keep rising. That makes things tricky for the European Central Bank, says John Stepek. He…
12 Mar 2021

Most Popular

The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021
Four investment trusts for income investors to buy now
Investment trusts

Four investment trusts for income investors to buy now

Some high-yielding listed lending funds have come through the crisis with flying colours. David Stevenson picks four of the best.
12 Apr 2021
Central banks are rushing to build digital currencies. What are they, and what do they mean for you?
Bitcoin

Central banks are rushing to build digital currencies. What are they, and what do they mean for you?

As bitcoin continues to soar in value, many of the world’s central banks are looking to emulate it by issuing their own digital currencies. But centra…
8 Apr 2021