David Zahn: Populism is not dead, it’s on holiday
Populism in Europe is not dead, it’s just on holiday, according to the head of European fixed income at Franklin Templeton Investments.
Macro News
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Trump tariffs cast dovish shadow over ECB
Donald Trump’s planned tariffs on aluminum and steel cast a dovish cloud over Thursday’s ECB meeting, although the governing council’s removal of reference to the potential expansion of quantitative easing indicated it is ultimately committed to tightening money policy.
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MP brands Blackrock ‘schizophrenic’ over Carillion
Blackrock has defended itself against charges from a parliamentary select committee it was “schizophrenic” in its holdings of Carillion, taking both long and short positions.
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Do Italian election results reignite the populist threat?
The Italian election looks set to result in a hung parliament as widely expected, but fund managers are concerned a strong showing by right-wing and populist parties poses a threat to eurozone stability.
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Could Trump’s tariffs derail global growth?
Donald Trump’s announcement that the US will introduce import duties on steel and aluminium is being described as a how-to move on triggering a stock sell-off, with industry-heavy funds and indices set to suffer from the protectionist move.
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Chinese environmentalism attracts Mirabaud
China’s push to clean up its environmental act has made it an attractive investment destination, according to Mirabaud Asset Management’s head of global emerging markets, Daniel Tubbs.
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Vix up as global markets tumble
Shares in London were down again on Thursday, following another significant tumble on Wall Street overnight, while volatility is on the rise, according to the Vix.
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Hermes: Four views on how elections will impact EM
International politics is regularly in the spotlight and has historically been known to affect emerging markets. With several elections coming up across the region, four managers at Hermes Investment Management assess the potential impact on asset classes and how investors can prepare for the risks.
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Panama Papers to net UK taxman extra £100m
Investigations into the Panama Papers are expected to generate £100m ($140m, €113m) in additional tax, HM Revenue & Customs confirmed to law firm Collyer Bristow.
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January retail sales slump confirms ‘slowdown’ trend
The UK saw another month of weak retail sales that lagged consensus expectations in January, confirming that the long-term trend is toward a “slowdown”.
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Global stock markets bounce back
Global stock markets are recovering from the recent correction as they continued to make gains overnight, following another positive day on Wall Street.
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Treasury yields soar as US CPI exceeds forecast
Ten-year treasury yields have soared after US consumer price inflation (CPI) surpassed expectations by 0.5% in January.