Today the UK monetary and fiscal authorities provided a sizeable, coordinated package of measures to support the economy in the face of the COVID-19 outbreak.
The spread of the coronavirus and its impact on global economic activity are increasingly troubling investors. Trying to predict the final outcome is a fool’s errand. Instead, in this piece weprovide aframework for tracking infection rates globally, monitoring the impact on economic activity using high frequency or daily data, and assessing the economic linkages that could serve to transmit economic stress.
Karen Ward outlines what factors she thinks could tempt investors back to the UK market.
Our Market Insights team take a look at the political event of 2020 and how the US election may affect financial markets.
Life is tough for an income-seeking investor today. A decade of easy monetary policy has pushed cash and short-dated government bond rates down to levels where they now offer little to nothing in terms of income. In some countries, negative rates are nibbling away at savings held on deposit.
Equities continued to rally in November – a relatively consistent feature of markets in 2019, despite the multitude of geopolitical risks that investors have faced this year.
EMEA Market Insights looks ahead to 2020 and considers what might be in store for global markets.
Shorting: Not only can this be a source of alpha, but it can help manage risk in a portfolio.
Financial markets welcomed signs of an easing in geopolitical tensions in October, with risk assets generally outperforming traditional safe havens. Ambrose Crofton, Market Strategist, considers recent movements in global markets.
The UK population are returning to the polls, in a bid to resolve the Brexit impasse. Abundant uncertainties about the election result argue against significant positioning in sterling assets in either direction.
The outperformance of US stocks relative to European counterparts has been one of the defining characteristics of equity markets in the post-crisis period. This piece highlights how two sectors—technology and financials—have played a key role in driving the divergence between the two regions over the past decade. We then debate the potential catalysts that could trigger a reversal of recent trends.
Predicting recessions is not easy and we do not claim to have uncovered a perfect crystal ball. What we have developed is a framework for tracking the risks, and potential magnitude, of a downturn in the US economy.
The times when investors were able to enjoy a quiet summer seem to be over. August was a volatile month for financial markets, with the VIX averaging 19, compared to 13 in July.
The investment landscape is changing as savers and governments place greater scrutiny on environmental, social and governance (ESG) factors. In this piece we highlight the driving forces and discuss the ways in which investors can include ESG factors in their investment decisions.
While no deal is not the most likely scenario in our view, the risks are rising. The UK outlook is binary. A Brexit deal could see sterling bounce to 1.40 against the dollar, but no deal on 31 October could see a further slump to 1.10.
With Boris Johnson confirmed as the new prime minister we’ve had a look at some of the areas of the market that could benefit from regime change.
July has been a remarkable month in some ways. The England and Wales men’s cricket team won the World Cup in the most dramatic of games, Egan Bernal became the first Tour de France winner from Latin America and the highest temperature ever officially recorded in the UK was set at 38.7C
After an exceptionally strong start to the year, financial markets paused for breath in July, with most asset classes delivering muted returns. The Federal Reserve (the Fed) lowered US interest rates for the first time in 11 years, and the European Central Bank (ECB) gave strong hints that an easing package is on the way.
A summary of the factors driving global markets over the last month.
The equity and credit markets are coping with trade uncertainty remarkably well. This appears to sit in contrast to the government bond market, which paints a considerably bleaker picture of the outlook. Indeed, all assets across the risk spectrum have rallied significantly this year.