🧭Financial Conditions: U.K. Index Back to Neutral

**As seen in Macro Walk report 09/09/2022, subscribe at cablefxm.co.uk/reports

• U.K. Bloomberg FCI jumped to end neutral, erasing declines seen in previous weeks. This means, monetary conditions are not tightening despite the lift in the Bank Rate by the BoE

• The European and U.S. equivalents saw rises of 38 and 14 points, respectively, however, the former sees a reading of -252, showing monetary conditions are tightening in the euro area