The pulse Perhaps paradoxically, February’s market turmoil was a response to signs that the global economy is reducing slack US employment and wage indicators led investors to take a more “inflationist” view, with a rise in yields pre-empting future Fed tightening Price pressures in Europe also appear to be picking up, with PMIs pointing to stronger economic […]
Market Update – January 2018
The pulse The global economy is benefiting from a broad based, cyclical recovery, supported by higher levels of investment and accommodative monetary policy The US economy ended 2017 on a slightly shaky footing, although the overall employment situation continues to improve and the bond market is anticipating further rate hikes Growth in Europe continues to […]
Market Update – November 2017
The Pulse Recent economic data continues to show that the major economies are all growing and that global growth is accelerating In Japan, the recent elections returned Prime Minister Shizo Abe’s Liberal Democratic Party with a larger majority allowing a continuation of Abenomics In the US, markets reacted favourably to the details of the Republican […]
Market Update – October 2017
The pulse • Economic data released over the past month has continued to give investors optimism that the global economy is experiencing synchronised growth for the first time in many years. • Investor concern over tensions between the United States and North Korea has subsided. • Early economic indicators from the United States suggest that […]
Market update – September 2017
The Pulse Economic data released over the past month has continued to paint a relatively good picture of global growth with most of the major economies experiencing accelerating economic growth in the June quarter. Geopolitical tensions remained heightened in August and this helped drive down bond yields. Political gridlock in the United States increased nervousness […]