There are still opportunities to be found in United Kingdom financials according to Jupiter’s Guy de Blonay, and he favours insurance companies over the big UK banks in the current ‘lower for longer’ scenario.
The Bank of England’s efforts to soothe the post-Brexit economy are discouraging savers from spending and pushing them into riskier investments, warned Tom Becket, Psigma CIO.
Bank of America Merrill Lynch has forecast that the Bank of England will cut the base rate again in November.
Last week’s inflows into sterling investment grade bonds hit a record high of $454m, according to Bank of America Merrill Lynch.
The unveiling of the Bank of England’s latest stimulus measures has already prompted a burst of activity on the sterling bond front, but is it enough to drive the United Kingdom economy forward and does it present investment opportunities?
The Bank of England’s Monetary Policy Committee has cut interest rates to 0.25%, and committed to a new term funding scheme to “reinforce the pass-through” of the decision into the broader market.
The big macro event of the week for investors in the United Kingdom is the latest iteration of ‘super Thursday’, with the Bank of England making an interest rate decision and releasing its Inflation Report.
The Bank of England’s Martin Weale has hinted he is not ready to vote for cutting the headline interest rate at the Monetary Policy Committee’s next meeting.
As much as Brexit was a binary decision, are investors guilty of black and white thinking on the UK’s prospects?
The Bank of England has chosen to keep its powder dry by backing off from the interest rate cut that had been hinted at, but is this a U-turn or just minor detour?
The Bank of England’s Monetary Policy Committee has surprised commentators by voting 8-1 to keep interest rates on hold at 0.5%.
Bank of England Monetary Policy Committee member Gertjan Vlieghe has given a speech indicating an interest rate cut could be on the cards following the referendum on European Union membership.
