News
Pre-London: Brent 115 on Houthi strikes, UK retail sales miss
Pre-London: Brent 115 on Houthi strikes, UK retail sales miss
- Overnight: Japan CPI 2.1% y/y in line, ex food and energy 2.4% vs 2.3%; Japan manufacturing PMI 53.3 vs 54.5; UK GfK -24 vs -14; UK retail sales -0.4% m/m vs -0.1%
FO view: Gulf supply risk is lifting Brent while a growth scare keeps the haven bid in bonds, and this morning's European and UK PMIs test that split.
Not investment advice.