Inflation slip pushes rate rise further back
Consumer Price inflation slipped to 0.3% year on year in April from 0.5% in March, the Office for National Statistics said today.
Macro News
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PA Expert Insight:There are other European considerations than Brexit
To paraphrase a sporting aphorism: ‘Brexit is temporary, currency is permanent’ so while the hot debate rages on the relative strength of the euro is a consideration that will not go away. Yet…
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How compelling is Brazil’s fixed income story?
Amid the political turmoil, Brazil has done well for fixed income investors, but questions remain around further volatility.
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Positive developments luring investors back into EM – Pictet
Positive developments such as evidence of an underlying improvement in industrial production and exports in Asia are luring investors back into emerging markets, said Pictet Asset Management’s chief strategist Luca Paolini.
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US jobs update leaves investors in dark on rate rise
A middle of the road United States non-farm payroll report has further muddied the waters on when the second interest rate rise since the crisis will be enacted by the Federal Reserve.
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Rolls-Royce shares fall as UK economy fears grow
Shares in Rolls-Royce fell nearly 5% on Thursday morning as the market greeted chief executive Warren East’s attempt at reassurance with a heavy dose of scepticism.
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UK manufacturing contracts as “deep unease” takes hold
Manufacturing activity in the United Kingdom has contracted for the first time in three years, according to data from Markit.
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Flows flee European equity post ECB corporate QE – BAML
European equity funds reported $4.8bn in outflows last week, the largest in 80 weeks, Bank of America Merrill Lynch revealed on Friday.
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Mind the gap: Age a major factor in financial knowledge
There are key generational differences in attitudes towards financial priorities and money management in the UK, but employees of all ages have major gaps in their financial knowledge, according to consultancy and actuarial services firm Barnett Waddingham.
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Looming Brexit vote fails to inspire defensive posture
Cash and absolute return funds remain the defensive assets of choice ahead of the Brexit vote, a survey revealed.
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British expats lose High Court battle over ‘Brexit’ vote
British expats will not have the right to vote in the UK’s upcoming EU referendum after a High Court challenge to the rules failed on Thursday.
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Micro change in Japan is encouraging but watch the currency – Heartwood
While certain Japanese sectors are benefiting from a promising micro story, currency implications mean Heartwood Investment management is re-hedgeing some of its Japanese equities exposure.