Week In Review: Calm before the storm?

US core inflation held steady, EU leaders scrambled to make headway on Brexit and UK Chancellor Philip Hammond proposed scrapping the £50 note. Here's a look back at the week that was

In this bundle

United States

US core inflation remains stable despite surging apparel costs

We think today’s CPI data could mark the end of the prolonged period of sub-2% core CPI

United Kingdom

Brexit: Counting down to next week’s crucial EU summit

With Brexit talks fast approaching the halfway stage, negotiators are rapidly trying to reach an agreement on the transition period, ahead of a key EU…

United Kingdom

Brexit transition: Bullish for sterling

EU leaders have agreed to a Brexit transition deal, which we think will help alleviate uncertainty surrounding the UK economy. News on wages and a Bank of…

Opinion

Cashing out?

If the UK scraps the £50 note, will anyone really care? Our ING International survey provides some answers

Switzerland

SNB : Caution remains the codeword

As expected, the Swiss National Bank left its interest rate unchanged. But the economy is expected to rebound in 2018, which could lead to somewhat higher…

Precious metals: Gold lacking the safe haven allure

Gold prices ended last week fairly flat with US trade tariffs spurring only the briefest of rallies while funds continued to liquidate. All eyes are now…