Emerging market (EM) central banks are following their developed market peers with easier monetary policy. What are the implications for EM debt?
Trade rhetoric is dominating news flow, weighing on risk assets. What could be the implications for US growth and inflation, and how is the outlook reflected in valuations?
Global markets and multi-asset portfolios
Another week of dovish central bank rhetoric suggests that rate cuts are a near certainty in the US and Europe. Will easier monetary policy fulfil its objective of preventing recession, and what will be the implications for currency markets?
The theory of negative interest rates is straightforward, but the practice is not. What do negative rates mean for savers?
A relatively benign G20 summit and expectations for easier financial conditions ahead have boosted demand for emerging market debt. However, areas of value can still be found.
The year started with global macro data and quantitative valuations moving in opposite directions. Can this trend continue, or will one side give way?
With Mexico the latest target of Washington’s tariff tactics, trade tensions are clearly escalating, not subsiding. Could this be the final straw to push the Federal Reserve to cut rates?
Market Bulletin Fed December 2018