The Market Call

The Market Call gives a periodic summary of major macro events, market themes and selected UK company-specific news.

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March 10, 2024

Week ending 08/03/24 – The UK Budget non-event, waiting for rate cuts, gold new high & more UK bids

Gareth and Jeremy discuss the UK budget, the prospect of rate cuts, and the new high in gold prices. There are more bids in the UK; this time, for Spirent and Virgin Money. We had results from STV & Beeks, and updates from housing-related companies Travis, Ibstock, Headlam, and Likewise, all looking for a pick-up in housing activity. Next week's main macro news will be US CPI and PPI inflation data.

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