
Leading Indicators | Aftershocks: Inflation, pension reforms, and markets post Trump's victory
19 November 2024
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Here we look at the leading indicators in the world of economics.
for in-depth analysis into commodities, trade, equities and more with a focus on Europe.
Will UK inflation rise above the BoE鈥檚 2% target tomorrow?
Tomorrow鈥檚 UK inflation data release is expected to climb above the Bank of England鈥檚 2% target, with economists projecting CPI to rise to 2.2% in October, an increase from 1.7% in the month prior. US inflation also accelerated m/m to 2.6% in October. Rising inflation will likely strengthen the case for policymakers to take a cautious approach to rate cuts.
Equity exposure in UK pensions remains below international levels
Last week, Rachel Reeves delivered her inaugural Mansion House speech, announcing plans to reform the pension system through the creation of 鈥榤egafunds鈥�. This initiative aims to unlock £80 billion of private capital, targeted at infrastructure and start-up businesses. Crucially, some of this capital could be directed towards UK CRE.
Trump鈥檚 election victory and its impact on asset class performance
Trump鈥檚 victory sparked significant rallies across key asset classes. This was led by Bitcoin, which reached a new all-time high. US equities performed well, with small-cap stocks outperforming. Real Estate also reacted positively, rising +1.21%.
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