UK wages grew at the fastest pace since 2008 in July, with the three-month average growth rate for wages including bonuses reaching 4% year on year.
The ECB’s forceful stimulus package surprised investors with an open-ended approach to a relaunched QE—asset purchases of €20 billion per month will continue until inflation starts to rise.
A possible change in Chinese currency policy?
The US recovery is now the longest on record. Nobody knows exactly how much longer this expansion will last.
Monthly Market Review - August
The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?
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.
Global - Currency Thoughts - PDF
The trade dispute between the US and China shows few signs of resolution. Why are global tariffs rising, which economies are most vulnerable and how can investors position themselves for this more challenging environment?”
Themes from the quarterly Quantitative Beta Research Summit