Taking long positions in healthcare and telecoms equities is an effective way to address continuing low inflation, according to the managers of the JP Morgan Global Macro Opportunities Fund.
In an unexpected move, the Bank of England’s (BoE) entire nine-member rate setting committee voted to hold interest rates at 0.5%, and cut its GDP growth forecast.
Investors remain structurally positioned for the humiliation of China and hubris in California, Bank of America Merrill Lynch argues in its latest Flow Show note.
Marginally weaker wage growth figures may give Mark Carney the excuse he needs not to raise rates, says Shaun Port, chief investment officer at Nutmeg.
It has become fashionable for central bankers around the world to strike a gloomier tone in recent meetings.
Stock and bond markets are in danger of extrapolating too gloomy a scenario from recent central bank statements, the situation in China and manufacturing data, argue asset allocators.
The UK slipped in to deflation in September, the Office for National Statistics said on Tuesday. But, while the number came in slightly lower than many economists had predicted, but many are more focused on how it is likely to change going forward.
Over the past twelve months, the sharp fall in the price of oil has impacted the GDP of the main oil producing economies, , global headline inflation rates and oil related capex.
Wage growth in the United Kingdom economy has picked up, registering a 2.9% increase in average pay, according to the Office for National Statistics.
The 0% UK August inflation figure is indicative of wider uncertainty that lies ahead, say industry experts, and the market is now an arena for only the most experienced of managers.
With MPC minutes having today revealed growing concerns about UK inflation it suggests that, alongside rising interest rates, investment strategists are going to have plenty to ponder by the time the summer fades.
Consumer price inflation in the United Kingdom crept down a fraction in June to hit flat zero from 0.1%, according to the Office for National Statistics.
