INVESTORS STOP BUYING THE STORY AND START COUNTING THE CASH
This week suggested investors are more discerning than talk of an AI bubble implies. As Big Tech reported results, they sold companies burning cash to build data centres and stood by those still generating it.
Read The Full ArticleINTERNATIONAL AND LOCAL POLITICS DRAG EQUITIES AND BONDS LOWER
This week politics has played a big part in market moves. France’s CAC 40 index led the recent fall in European shares as violent protests high-lighted the government’s difficult fiscal position.
Read The Full ArticleHIGH YIELDS AND SHORT-TERM SAFETY TEMPT INVESTORS BACK TO BONDS
This week provided some respite for bonds. Despite a strong US inflation reading, comments by Federal Reserve chair Kevin Warsh cooled expectations of a US rate hike this month.
Read The Full ArticleBOND MARKETS TAKE A BREATHER AS INVESTORS’ WILLINGNESS TO FINANCE AI EXPANSION IS TESTED
This week was a quieter one for bond markets, after the big moves in recent weeks as there was less economic news to digest and the oil price was less volatile.
Read The Full ArticleBURNHAM’S PLANS LEAVE BOND INVESTORS UNMOVED AS FRENCH POLITICS PROVE A BIGGER CONCERN
This week Andy Burnham set out his priorities for the rest of this parliament and where he thinks the next election will be fought.
Read The Full ArticleUS FOREIGN POLICY DOMINATES UN ANNUAL GATHERING BUT LITTLE PROGRESS IN EVIDENCE
This week oil traders were once again dancing to Donald Trump’s tune as a potential meeting between the US and Iranian presidents on the sideline of the UN’s annual general meeting raised hopes that a breakthrough was possible.
Read The Full ArticleCENTRAL BANKS ENTER HIKING CYCLE AS INFLATION CONCERNS COME TO THE FORE
This week saw the Federal Reserve and the Bank of Japan follow the ECB’s lead in hiking interest rates in response to persistently high inflation.
Read The Full ArticleBESSENT ATTEMPTS TO BOSS THE MARKETS WITH MIXED RESULTS
This week US Treasury Secretary Scott Bessent warned financial markets not to challenge his authority as he seeks to support the value of the yen and discourage the Bank of Japan from selling its huge stock of US Treasury bonds.
Read The Full ArticleCONCERNS ABOUT PERSISTENT INFLATION PUSH GOVERNMENT BOND YIELDS HIGHER
This week often brings a change in pace as schools reopen and offices are full after the summer holidays.
Read The Full ArticleCANADA-US SPAT GENERATES HEAT BUT SLOW BURN IN THE MIDDLE EAST IS MORE CONCERNING
This week attention has been focused on the latest trade spat between the US and Canada as negotiations to avoid new US tariffs collapsed.
Read The Full Article