Markets have been ahead of BoE industry says
Markets appear to have run ahead of the Bank of England on the evidence of its inflation report news conference
Macro News
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Spare capacity means no rush to raise rates
According to the Bank of England, when it does start raising rates they will do so only gradually.
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Gold investors may have already seen 2014 high
According to Metals Focus, gold is not expected to trade higher than $1,375/oz in 2014.
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GDP on the rise but UK trade disappoints
A revised GDP forecast shines a light on UK economy recovery, but weak productivity performance shadows improved figures.
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Draghi opens door to rate cuts BAML says
Draghi’s latest comments indicate a near term cut now more likely than not, in the view of Bank of America Merrill Lynch.
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JPM says look closely at Euro auto medical stocks
JP Morgan Asset Management says macro picture means investors should target European automotive and medical sectors in particular
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MGs Woolnough calls for interest rate hike
Woolnough, who runs the £19.6bn M&G Optimal Income Fund which is sold across continental Europe, told International Adviser that if this policy stance is maintained “eventually inflation will come back”. “I’d argue that even if they keep rates low you won’t get inflation to the extent that you have historically. So I’m a firm believer…
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JPM Flanders says it pays to be risk taker
Flanders upbeat on the global economy as JPMAM says 85% of countries now in expansion mode
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Frozen US economy still thawing figures reveal
Hit by a cold snap the US economy withdrew to a crawling pace in the first three months of the year, at a rate of just 0.1%.
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Outburst of corporate marriages to continue Psigma
There are likely to be fewer large-scale acquisitions than in the last cycle, with a refocus corporate activity.
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UK GDP up 08 in Q1
ONS says growth a fraction under forecasts
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Investors may be underestimating Ukrainian crisis
Bank of America Merrill Lynch sees reasons for concern in the global macro picture
