Global Markets Daily: China – Have interest rates bottomed?
■ The Chinese economy slowed dramatically in April amid Covid outbreaks and restrictions under the country’s zero-Covid policy. The PBOC… »
The ‘real regime’ during the equity correction
■ Since the start of the year, a combination of hawkish monetary policy, the war in Ukraine and the risks… »
Why we still prefer stocks over bonds
·We recently cut risk, but stick with stocks over bonds for now. Equity prices now reflect much of the worsening… »
Global Markets Daily: Why Defaults Won’t Rise, Even If the Economy Slows
■ The increasingly hawkish stance of monetary policy and heightened market volatility have focused investors on the prospect of a… »
Global Rates Notes: May 2022 Refunding Recap
·Treasury announced across the curve cuts to nominal auction sizes in its May refunding announcement, surprising against our expectation for… »
Europe FX Forecast Revision
Most of the CEE currencies that we cover ended 2021 with small losses against the euro, with the Czech koruna… »
Global Rates Notes: May 2022 Refunding Preview
We expect Treasury to announce a final round of nominal auctions size cuts, concentrated at longer maturity sectors, at its… »
UK—Weaker Consumption But Still Growing
Signals from the UK activity indicators have been mixed lately and the combination of high inflationary pressures and falling consumer… »
Global Markets Daily: Growing Risks But Too Early For Recession Obsession
With elevated inflation, slowing growth from the Covid rebound and a historically tight labour market, stagflation concerns remain high among… »
Global ETP flows: march 2022
• Flows into global ETPs in March rose above February’s inflows, with $115.6B added over the course of the month.… »
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