Scottish independence The financial implications
International Adviser considers six potential financial implications of a “Yes” vote to Scottish independence
Macro News
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OECD forecasts put new pressure on ECB
The Organisation for Economic Cooperation and Development has cut its global economic growth forecasts due to concern over the impact of the sluggish eurozone economy and geopolitical trouble spots around the world.
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Gold predictive powers to return UBS
Golds use as a macro-economic barometer is set to increase, say UBS commodities analysts Edel Tully and Joni Teves.
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Deflationary pressures prove quality is king
Patience is a virtue, with European investors best off ignoring market froth and instead remembering lessons learned from Japans lost decade, according to Carmignacs Dider Saint-Georges.
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Delaying a UK rate hike inflationary shock
The possibility of a delayed rate hike in the UK combined with a more active ECB could create an inflationary shock, says Kames head of fixed income David Roberts.
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A little more complicated than just duration
With the prospects of rising interest rates in the UK and the US and continued uncertainty in the market more generally, many investors are looking to shorten the duration within their bond portfolios.
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European US and Japanese ETF inflows hit record
European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, ETFGI said on Monday.
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Rogue Scottish opinion poll causes carnage
The pound fell significantly in value on Monday and some UK equities slid sharlpy after a poll published at the weekend reported a slim majority in favour of Scotland leaving the United Kingdom.
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Axa IM issues warning on Japanisation of Europe
Axa Investment Manager has warned that recent economic weakness and declines in bond yields have raised concerns about a Japanese scenario’ in the euro area.
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US doves on top as jobs number misses forecasts
Monetary policy doves have had their position boosted by a US non-farm payroll number for August which significantly undershot most forecasts.
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Strong US jobs data likely
The United States is likely to release strong jobs numbers tomorrow (5 September) according to economics consultancy Fathom.
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Equity markets rally on Russia ceasefire
Equity markets have seen significant rallies today driven in large part by an apparent easing of one of the principal geopolitical risks weighing on asset prices.