Market round-up: Brexit, UK inflation & Trumponomics - Tip TV
Dec 13, 2016, 12:20 PM
The UK inflation data released this Tuesday morning showed the cost of living as represented by the consumer price index rose to the highest level since Oct 2014.
“Sterling-led rise in raw materials (Imported) inflation is going to filter through… whether we like it or not”, says David Buik, Senior Market Commentator for Panmure Gordon while addressing the rising inflation expectations in the UK.
Buik and Tip TV Presenter Zak Mir also talk about the talk of ‘hard Brexit’ that is heating up once again. The other hot topic on the agenda is ‘Trumponomics’ and the Fed rate hike.
Buik sees Fed raising rates by 25 bps tomorrow.
Watch the full segment to know Buik’s take on UK housebuilders and Brexit