The resurgence of the trade dispute, central banks, Italy, OPEC, etc. - numerous events affected the market in June. Our expert, Johan Gallopyn, outlines the implications for the equity, bond and currency markets over the past month.
Trump’s aggressive rhetoric on trade in combination with higher market volatility is weighing on sentiment. Even though some leading indicators suggest that the pace of the recovery is slowing, economic indicators remain solid. Things could of course quickly escalate.
Your monthly appointment with the financial markets. What were the trends for equities, bonds, currencies and commodities in the past month, and what made the markets move ? You can discover the most striking evolutions in this clear and concise analysis.
There is no consensus about the cause of job losses in the American manufacturing industry. Some look to countries like China and Mexico and so place the blame on globalisation. Many observers in recent weeks are pointing almost exclusively to automation as the reason for falling employment. So, what’s the cause?
Low inflation has been a concern for Western policymakers ever since the start of the Great Recession. Despite record low interest rates and unprecedented balance sheet expansion most central banks are still looking for higher inflation.
This year’s Jackson Hole conference was rather disappointing in the sense that it didn’t deliver much out-of-the-box thinking with regards to monetary policy. US policymakers, meanwhile, highlighted that the case for a second rate hike has become stronger.