Feb 10
1
Monday Morning Bulletin 1st February 2010
Ladies and Gentlemen
Please find attached this week’s Bulletin which contains the following points do contact me if you require further details:
• With the UK officially out of recession there has been a rebound in consumer confidence with people far more optimistic about their financial prospects.
• The housing market surged in January raising the possibility of property attaining double digit gains.
• US GDP figures were pleasantly better than expected as the economy surged ahead in the last quarter of 2009 thanks to strong exports and consumer spending.
• The markets will be watching for moves by the Bank of England to withdraw its policy of quantitative easing following comments made by an MPC member.
• The eurozone bond markets were thrown into disarray last week as investor concerns about Greece grew and the possibility of it being bailed-out by the EU.
