In a blow to the government’s ‘Brexit means Brexit’ rhetoric, the UK high court has ruled that Parliament must vote on whether or not to Trigger Article 50 of the Lisbon Treaty.
Yields rose notably this week and investors will be considering whether to stick to their guns to avoid making a paper loss a real one, or get out before things slide further.
The once “unthinkable” prolonged period of low and negative interest rates may have even further to travel, according to the chief economic adviser to insurance giant Allianz.
The death of the 30-year bond bull market that has formed the backdrop for most City careers has been predicted many times. It has yet to come to pass. But, if one were looking for signs that it is reaching an inflection point, the last seven days has proved a fertile hunting ground.
The ECB Governing Council again left monetary policy unchanged when it met on Thursday. It looks like the ECB is buying time to communicate to markets that it’s going to wind down its bond buying programme, albeit in an orderly fashion.
The UK government needs to step up fiscal spending, not only to help stabilise sterling but also help improve its debt profile, Trevor Greetham said on Wednesday.
With Britain’s impending exit from the European Single Market all but confirmed by UK prime minister Theresa May this week, it’s time to face the possible consequences of the announcement for the UK financial sector, and for asset managers in particular.
Freedom of movement for staff is of increasing importance to asset managers in a post-Brexit world, EY has said.
In Orwell’s dystopian masterpiece 1984, Room 101 represents the “worst thing in the world”. 101 days on from the EU referendum, it’s up to Theresa May to convince the dissenters that Brexit is not a portal to their worst nightmares.
The ink is not dry and already commentators are hailing the merger of Henderson Global Investors and Janus Capital as an example of what is to come.
OPEC’s surprise deal to cut production agreed this week caught most investors off guard, but is it just another small bump in the road or a serious threat to portfolios?
Super Thursday has come and gone, but Wednesday could shape up to be somewhat of a ‘Wild Wednesday’ on financial markets, should the plethora of central bank announcements on the day not go according to plan.
