ANALYSIS: BoE short of options as Brexit bites
Consensus is the Bank of England will finally raise interest rates before the year is out after inflation hit a five-year high of 3% on Tuesday, but what happens next?
Analysis
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‘ECB to halve QE purchases in 2018’
The ECB will decide how it will wind down its asset purchasing programme during its next board meeting on 26 October. According to Bloomberg, the ECB board is considering to cut their monthly bond buying from €60bn to €30bn.
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IMF flags next global crisis
A day after it published a rosy global economic outlook, the International Monetary Fund sketched the contours of the next financial crisis, urging policymakers to take measures to rein in exuberance.
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IMF sees global growth accelerate
In a sign the world economy is heating up, the International Monetary Fund (IMF) has revised its global GDP growth forecasts upwards for the second time this year. The global recovery is still “incomplete” though, it claimed.
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Brace for global recession in 2019
An economic downturn affecting most developed global markets will occur in 2019, Aegon Asset Management has predicted.
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US & Europe: monetary divergence or convergence?
Blackrock’s chief investment strategist Richard Turnill believes “monetary divergence” between the US and the eurozone is creating investment opportunities. The assertion is certainly contrarian.
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UK sets up Brexit taskforce for asset management
More than 15 months after the Brexit vote, the UK government has finally decided to set up a taskforce to manage the impact of Brexit on the £8trn (€9trn) UK asset management business.
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Why the ECB will not hike rates until 2019
The European Central Bank (ECB) will begin unwinding its monetary stimulus programme this year but investors shouldn’t expect a rate hike until at least 2019, according to analysts at Lyxor Asset Management.
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Time for Draghi to taper QE
European Central Bank (ECB) president Mario Draghi was again tight-lipped on tapering following the bank’s latest policy meeting, but industry figures remain confident the ECB will roll back the pace of asset purchases from next month.
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Quarter of firms not ready for Mifid II
More than a quarter of businesses are struggling to prepare for Mifid II ahead of the January 2018 deadline, a new survey from communications firm Teleware has found.
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ANALYSIS: ECB tapering is edging closer
Just a few months ago, market watchers were convinced the ECB would soon announce a start to reducing its asset purchases. But even though the European economy has since powered ahead, it now looks unlikely that a detailed tapering announcement is due.
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Rising carbon prices threaten dramatic drop in profits – Schroders
Carbon prices will have to increase exponentially over the coming decades if we are to meet the minimum target of the Paris Climate Accords.