Study: China the source of global financial shocks
Advanced economies have become the net receiver of market shocks while China and other emerging markets have turned into the sources, according to an IMF working paper.
Analysis
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Was this Draghi’s final bullet?
The ECB’s latest salvo in the fight against the prospect of deflation was initially met positively by markets. But, a lack of a clear message that the Bank will cut rates further from here sent markets falling again almost as quickly.
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Rathbones: Brexit will make asset managers bleed
The hyperbole is in full swing, with even The Queen backing Brexit according to The Sun. A more erudite view perhaps comes from Rathbones’ five common ‘myths’ around a potential exit from the EU.
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Voting for Brexit to bash Brussels bureaucrats – tempting to Varoufakis
Yanis Varoufakis would find it hard to resist voting for Brexit if he were British, he said at Expert Investor’s Pan-European Congress in Rome last Friday. However, his wish is not going to materialise, congress delegates believe.
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BIS warns of central bank overburdening
It is not every day that the Bank of International Settlements warns that confidence in central bank omnipotence has begun to falter, but when it does it is worth a read.
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Brexit is bad, says Blackrock
A Brexit offers a lot of risk with little obvious reward; leading to lower UK growth and investment, and potentially higher unemployment and inflation, said BlackRock.
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OPINION: How to talk clients through a market plunge
As volatility roars back, with major markets all negative year-to-date, client expectations also go through wild swings.
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Now there’s a villain, Brexit drama can really begin
‘Extraordinary’ was how a number of commentators described the scenes in the House of Commons on Monday during the debate about whether or not Britain should remain in the European Union.
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UK equity star manager laidback about Brexit risks
Neil Woodford, the UK equity star manager, has said he believes the United Kingdom’s economy would not be adversely impacted by leaving the European Union, with temporary currency weakness is the only real issue.
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Cash balances hit 15-year high as investors turn cautious
Investors are turning more cautious in the face of the turmoil in the financial markets this year, according to the latest Bank of America Merrill Lynch (BAML) Fund Manager Survey, with average cash balances up at their highest weighting since November 2001.
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Gold’s safe haven appeal returning
Unlike most asset classes, which have started 2016 in much the same way they left off in 2015, gold has seen a significant reversal.
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Why the dollar could head lower than you think
The performance of the dollar has been one of the mainstays of global markets over the course of the past 18 months – but things are likely to be more nuanced this year