With the Yen trading at a 12 month long low to the US$, Japan’s Finance Ministry warned against speculative moves against the ¥. The authorities were not ruling out any option to deal with currency volatility. The reforms in corporate…
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The energy sector has hit the headlines this year due to high prices, high profits, and supply. The geopolitical conflicts in Ukraine and Gaza have further disrupted the market. While developed markets have moved to reduce their reliance upon fossil…
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The USA continues to drive the global economy and across leading economic indicators, the US shows the clearest signs of expansion and current levels of growth above trend. This expansion has been led by improvements in consumer sentiment, rising new…
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The world has moved quite decisively from low inflation and declining interest rates to quite the opposite. This transition has brought greater economic volatility with the risk premium of holding equity assets haven risen. We are now potentially coming to…
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The Office of National Statistics (ONS) confirmed in November that the UK economy grew by 0% in Q3. This news was a disappointment to the UK stock market with both FTSE 100 and 250 falling over 1% on the news.…
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Despite Jerome Powell, the US Federal Reserve Chairman saying that ‘price rises still need to be kept under control’ the Federal Open Markets Committee held US interest rates at 5.25- 5.5% range in their November meeting. The US economy has…
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In Q3, the US posted GDP growth figures of 4.9%. This was way above any other major developed country. This was a remarkable growth figure given the rates of inflation, interest rates and economic outlook. The third quarter growth was…
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Over the past three years, we have witnessed significant volatility in bond prices as central banks flooded the global economy with cash to pay for a Covid recovery. The peak of the loose monetary policy saw US$11tn of sovereign debt…
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The BoE Chief Economist Huw Pill has hinted that ‘it is not unreasonable’ to predict a rate cut next summer. This is the clearest signal yet that the BoE is at the peak of interest rate rises. Financial markets are…
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