BOND MARKETS RAISE CHANCE OF DISAPPOINTMENT AS THEY PRICE FOR AGGRESSIVE RATE CUTS IN 2024
This week we saw more enthusiasm for government bonds as investors doubled down on the view that central banks will cut rates in 2024 and will cut them significantly.
Read The Full ArticleMORE GOOD NEWS ON INFLATION KEEPS MARKETS IN A POSITIVE MOOD
This week saw government bonds lead a broad market rally once more.
Read The Full ArticleCHANCELLOR HOPES NATIONAL INSURANCE CUT WILL PUT VOTERS IN A POSITIVE MOOD
This week Jeremy Hunt attempted to lighten the mood for voters by reducing National Insurance.
Read The Full ArticleDROP IN HEADLINE INFLATION PROVIDES POSITIVE MOMENTUM FOR MARKETS
This week markets have taken the opportunity to catch their breath. Investors are looking for the inflection point, where it becomes clear that the next step for central banks is to begin cutting rates.
Read The Full ArticleMARKETS LOOK TOWARDS RATE CUTS AS CENTRAL BANKS TRY TO TAMP DOWN EXPECTATIONS
This week markets have taken the opportunity to catch their breath. Investors are looking for the inflection point, where it becomes clear that the next step for central banks is to begin cutting rates.
Read The Full ArticleCENTRAL BANKS CHOOSE TO WAIT AND SEE AS HIGH INTEREST RATES TAKE HOLD
This week we had two eagerly anticipated but equally unsurprising interest rate decisions. Both the US Federal Reserve and the Bank of England elected to keep interest rates where they are.
Read The Full ArticleMORE VOLATILITY FOR BONDS AS CONSUMER DEMAND DRIVES SURPRISINGLY STRONG US GROWTH
This week has been notable for the volatility in bond markets. On Monday, the ongoing sell-off in US government bonds pushed yields even higher and the yield on US 10-year Treasury bonds rose above the psychologically important level of 5% – a level last seen in 2007.
Read The Full ArticleGOVERNMENT BONDS UNDER PRESSURE AGAIN AS INFLATION REFUSES TO BUDGE
This week neatly illustrates the problem facing the Bank of England. Inflation remains stubbornly high and wage growth continues at near record levels, but consumer confidence and spending have contracted sharply.
Read The Full ArticleMARKETS RISE BUT INVESTORS REMAIN CAUTIOUS AS WAR BREAKS OUT IN THE MIDDLE EAST
This week began with news of war between Israel and Gaza following the terror attacks by Hamas last weekend. It might seem inappropriate to comment in a markets newsletter, however, it is important to mark these events.
Read The Full ArticleINVESTORS CONCERNED THE FED MAY BECOME MORE HAWKISH AS US ECONOMY REMAINS RESILIENT
This week was a good week for US employees, business owners and, in normal circumstances, it should have been a good week for investors.
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