Strong US job creation forcing Yellen’s hand
The United States’ non-farm payroll growth in July comfortably outstripped forecasts, according the Bureau of Labor Statistics.
US interest rates
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Fed slows down expected rate hike pace, BoE remains unmoved
Fed chair, Janet Yellen, announced on Wednesday that the Federal Reserve had once more kept rates steady and signalled fewer hikes in the future.
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Fed policy has an increasingly global outlook – Neptune
The Federal Reserve has opened the doors to a “globally aware” monetary policy, according to Ewan Thompson, head of emerging markets at Neptune.
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Spill the beans, Janet, the anticipation is killing me!
So, an ‘expedited’ Fed meeting was called on Monday (11th April) to discuss interest rates. Nothing unusual in that, if in isolation, but the meeting was followed immediately by a debrief to the President and Vice-President by Janet Yellen. Not common practice by anyone’s standards!
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Fed indicates next rise won’t come before summer
The Federal Reserve’s decision to hold interest rates on Wednesday night accompanied by dovish rhetoric suggested the first rise of 2016 will not come until the summer.
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Equities respond positively to Fed hawks
Markets responded positively to the release of the Federal Open Market Committee minutes, which showed a December rate rise is increasingly likely.
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Equities rally to slow, says Pictet
The rebound in global equities since the beginning of October looks largely played out, unless there is a turnaround in earnings forecasts, said Christophe Donay, chief strategist at Pictet Wealth Management.
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US job number points to December rate rise
The number of jobs created in the United States in October rose to 271,000 the Labor Department revealed today – far above the consensus forecast of 182,000- fuelling expectations of a December rate hike.
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Preparing today for tomorrow’s rate rise – Amundi’s Stevens
Nobody on the planet knows when the Fed is going to put up interest rates but Amundi has a fixed income proposition that is ready whenever the balloon does go up.
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US rates may still be below 1% in five years – Martin Currie
US interest rates may still be below 1% in five years’ time, says Martin Currie’s Tom Walker, and equity investors should be happy with 5% annual returns.
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Pa analysis: em dawn can’t come too soon for likes of aberdeen, ashmore
All manner of clichés are dedicated to boosting the confidence of the contrarian, which is understandable given how difficult the role is – especially when you have to report quarterly on fund flows and performance.