Economic stats set to hit BoE targets faster
Activity levels within the UK’s services sector have hit a 16-year peak and are closing in on the country’s all-time high, data has revealed.
Macro News
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China investors set to profit from mega reform
China is days away from massive financial reform with stocks linked to areas receiving government support set to boom in 2014, according to Mirabaud’s emerging markets head Daniel Tubbs.
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Remarkable Fed statement keeps tapering on hold
The Federal Reserve has decided to keep its bond buying programme unchanged, according to a ‘remarkable‘ statement issued last night that failed to touch on the government shutdown.
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Tulloch and Lau Asia can capitalise on weaknesses
Asian leaders should use the current slowdown to push through some much-needed structural reforms, First State’s Angus Tulloch and Martin Lau have said, arguing that turning weakness to their advantage will boost growth over the longer term.
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Positivity around Europe hits six year high
Sentiment towards European equities has reached a six-year high, according to the Bank of America Merrill Lynch Fund Manager Survey for October.
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Mid caps to boom as UK GDP surges
Mid-cap stocks look to be key beneficiaries following the encouraging UK GDP data from the Office for National Statistics, according to industry commentators.
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John Bennett europe recovery
The recovery in the European economy is pretty tepid, but the fundamentals have stopped getting worse, which is all it takes for investors to profit, says John Bennett, fund manager of Henderson European Focus Trust.
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India woes turnaround
Raghuram Rajan inspired an outbreak of optimism when he took the reins as the Governor of the Reserve Bank of India. Economists now suggest that this is not merely irrational exuberance, and is grounded in realistic expectations of economic improvement.
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India woes turnaround
Raghuram Rajan inspired an outbreak of optimism when he took the reins as the Governor of the Reserve Bank of India. Economists now suggest that this is not merely irrational exuberance, and is grounded in realistic expectations of economic improvement.
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High yield bond funds risk
High yield bonds, and companies struggling to borrow, are both unexpected ‘safe places to hide’ in an era of cheap money, according to Ben Bennett, credit strategist for Legal & General.
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us jobs tapering postponed
It looks increasingly likely that tapering will be off the table in the US following the weaker than expected payrolls numbers.
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China growth
China’s growth accelerated to 7.8% year-on-year, reversing the slowdown seen during the first half of 2013.