October showed fairly sizeable movements on the equity, fixed-income and foreign exchange markets. Once again, central bank activity had a lot to do with this. Our expert, Johan Gallopyn, outlines the main trends of the past month.
Brexit fears are clearly intensifying and our call that the Bremain vote will prevail on June 23 is getting increasingly uncomfortable. Admittedly, this is just stating the obvious as both opinion polls and betting market odds are indicating just that.
July was an eventful month for the financial markets, especially for currencies and commodities. Our expert, Johan Gallopyn, takes stock of the main trends in equities, bonds, central banks, currencies and commodities in the past month.
The disappointing recovery following the 2008 Great Financial Crisis has brought to life Alvin Hansen’s thesis of the late 1930s. Hansen was wrong. But he was wrong in way he still might be right after all.
Leading indicators suggest global economic activity remains weak following what has been a very lackluster recovery. Headline inflation looks set to rise towards the end of the year while core inflationary pressures remain modest for now.