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.
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.
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.
As volatility roars back, with major markets all negative year-to-date, client expectations also go through wild swings.
‘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.
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.
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.
Unlike most asset classes, which have started 2016 in much the same way they left off in 2015, gold has seen a significant reversal.
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
The news over the weekend that the sanctions against Iran have been lifted took very few people by surprise, but the confirmation that the country is back among the global oil-producing fold does bode ill for prices.
Delaying the implementation of Mifid II until January 2018 still might not give enough time for the European Securities and Markets Authority (Esma), national regulators, and market participants to make the necessary IT changes, says Esma chair Steven Maijoor.
There will be no end to the inequality crisis until world leaders end the era of tax havens, once and for all, according to a report from charity Oxfam.
The downward trend that has taken hold in most equity markets during the past couple of months hasn’t led to a deteriorating investment sentiment, according to a poll conducted by NN Investment Parners among a group of institutional investors.