UK inflation figures are due this week as well as all-important GDP data from the ONS. The UK economy shrank by 0.1% in the third quarter of 2023 and if, as expected, the fourth quarter shows a similar contraction, it would mean the UK tipped into a technical recession at the end of last year. The yield on the UK 10-year gilt ended last week above 4% and remains above that level today (Monday)
Full report
https://realmim.com/uk-may-have-dipped-into-a-recession-last-year-data-will-tell-us-this-week/
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.’