Barings positioning for continuing sterling worries
Barings’ multi-asset team is struggling to assess the fair value of sterling with Theresa May’s ‘hard’ or ‘closed’ Brexit talks pushing down the currency.
Sterling
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PA ANALYSIS: Does a 7000 point FTSE mean it’s time to sell?
As the FTSE 100 settles into its lofty position above 7000, investors will be asking whether it is time to bank some profit.
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PA ANALYSIS: Should you buy sterling credit as an ECB hedge?
ECB intervention has pushed European corporate bond yields down to unrealistic levels. It may therefore be a good idea to buy some sterling credit, regardless of how the Brexit saga will play out.
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PA ANALYSIS: A flash in the pan or echoes of Black Monday?
As budding financial detectives seek the culprit for last week’s ‘flash crash’ in sterling, others are reminded of crises past.
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PA ANALYSIS: Sterling ‘flash crash’ sign of things to come?
The pound has collapsed under the pressure of aggressive post-Brexit rhetoric, but is it destined to fall further in the short-term?
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Buxton eager for bank tailwinds; predicts further sterling fall
Old Mutual Investors’ CEO Richard Buxton is looking for a steeping yield curve or further lifting of US interest rates, both of which would benefit his holdings in UK Banks.
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Lloyds Private Banking: Don’t underestimate sterling weakness
Wealth managers and their clients must be careful not to underestimate sterling weakness, particularly amid UK equity market highs, according to its new head of portfolio specialists.
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FTSE 100 rallies and sterling topples as Brexit countdown begins
Confirmation that UK Prime Minister Theresa May would trigger Article 50 by the end of Q1 2017 rattled sterling and catapulted the FTSE 100 index to its highest level in over a year.
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Sterling looks cheap as ‘phony war’ takes hold – Rathbones
Sterling is oversold against not only the dollar but also other major currencies, according to Ed Smith, asset allocation strategist at Rathbones.
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CPI inflation remains ‘muted’ but input prices rise aggressively
Consumer price inflation was unchanged in August but economists warned we have yet to witness the full impact of sterling depreciation post-Brexit vote.
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Pound climbs on strong services data release
The pound clawed back more of the ground lost following the referendum on European Union membership this morning after the release of strong services sector data.
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UK employment rise lifts pound again
Better than expected United Kingdom employment figures prompted the pound to regain slightly more of its post referendum lost ground this morning.
