Sales have always scared me slightly. The prospect of great savings is always intriguing, but to get the really great deals you have to be at the front of the queue dodging the flailing elbows of other people. And, at the back of your mind, there is the no-return policy raises the stakes of the…
China’s shadow over global markets is pushing a US interest rate rise to December, and unless it relinquishes its grip the wait could go on even longer.
Investors are skittish. With the radioactive glow of the global financial crisis still seared into the market’s collective memory it doesn’t take much to get them running for the hills.
The FTSE looked rather red on Wednesday, but two tickers caught the eye: one red and one green.
With income high on investors’ wish lists, but with large-cap defensives arguably looking undesirably expensive, the spotlight is back on financials to deliver – and apparently they have.
Barring commodities, it is hard to think of a more hated asset class than emerging markets right now, especially after the events in China over the past few days.
The Japanese equity market remains, for many investors their highest conviction overweight. But, over the past few days eyebrows have been raised about the level of growth in the region on the back of stalling exports, compounded by worries about the impact of the recent yuan devaluation.
There has been a lot of conventional wisdom bandied about over the past few days in relation to China’s loosening of the renminbi peg.
I’ll be honest, with the excitement around the Ashes and the return of Premier League football this weekend, I thought ‘Super Thursday’ was something to do with Sky Sports scheduling.
Sterling fell the most in two weeks on Thursday following the news that only one member of the Bank of England’s Monetary Policy Committee had voted to raise rates this month.
Equities have inarguably been the best growth trade of recent years, so why have global funds, which supposedly cherry pick the winners, consistently struggled?
The summer slowdown is a myth. Anyone hoping that July and August would provide some respite from the volatility and uncertainty that has characterized financial markets in the past few months has been and is likely to remain disappointed.
