US monetary policy by no means a pre-set course – Yellen
Federal Reserve chair, Janet Yellen reiterated on Wednesday that the monetary policy was “by no means on a pre-set course” in the US.
Macro News
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PSigma – Fear $10 dollar oil after Fed ‘bullying’
$10 dollar oil is a possibility following 18 months of “outright victimisation” of the commodity and a bullying Fed, according to PSigma’s IM’s investment strategy head, Rory McPherson.
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Growth fears push investors back to old safe havens
The much-touted wall of worry that investors have been climbing in recent months seems once more to be winning.
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Cash-rich millennials conflicted on economic recovery
Eight out of 10 wealthy investors across the Americas believes the economic recovery has met or exceeded expectations but remain hesitant to invest, with Millennials the most conflicted.
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FTSE loses 6,000 nerve as BP, BHP slump
BP’s announcement that it made a $2.2bn loss in the fourth quarter of 2015 on the back of the oil price’s inexorable fall saw its shares slump as much as 8% in morning trade.
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Advisers shun China short term
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from Cofunds.
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The week that was: Oil optimists, top dogs and Aberdeen outflows
After a fairly lacklustre start to the week, the FTSE 100 powered its way through the 6,000 mark toward the end of the week, boosted once more by central bank action.
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Japan’s move to negative rates sees FTSE edge over 6000
The FTSE 100 edged back over 6000 on a wave of positive sentiment triggered by the surprise announcement that Japan has moved to negative interest rates.
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Carney kicks rate rise further down the road
Bank of England governor Mark Carney has delivered a speech indicating a first interest rate rise since the 2008 financial crisis is further off than many had thought.
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Cautious funds the winners in FE Crown rebalancing
Six funds jumped from one crown to five in the latest FE Research ratings rebalance, while 13 previously unrated funds jumped straight to the highest possible rating.
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The week that was: Doom, gloom and SLI’s dismissal of ‘destructive’ Shell
If the first week of January was not for the faint-hearted, the second was, arguably, more depressing.
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Global dividend growth to slump by almost half in 2016 – Markit
The pace of global dividend growth is set to almost halve in 2016, the latest Markit global dividend forecast reveals.