Surprise as BoE maintains interest rate
Despite a sharp rise in inflation expectations
Despite a sharp rise in inflation expectations
As Bank of England also votes to maintain at 0.1%
Especially as negative interest rates bite
German insurers likely to follow footsteps of Asian counterparts within their limits, says Fitch Ratings
ECB shows reluctance to cut rates but deflation could force its hand
The effectiveness of monetary policy in an era of low interest rates
Dutch asset manager cautions against moving into riskier and illiquid assets
Central bank will hold auctions of multi-year loans at low rates and will not raise interest rates until 2020
Market has been anticipating rate rise towards summer end, but raft of weak data will force backtrack, analysts say
There is a clear opportunity to buy emerging market assets whenever risk averse events are triggered in the developed markets, and current worries over US trade policy and rate hikes could signal the latest entry point, says Ashmore’s Jan Dehn.
The European central banks’ market interventions, such as their asset purchase programme, has created the “unintended consequence” of the institutions becoming a dominant decision maker in investments, and has led to risk not being priced properly, according to ex-ECB chief economist Jürgen Stark.
Emerging market debt has been the best-selling asset class with European investors this year. But flows turned negative in late September against a backdrop of a hawkish Fed and a strengthening dollar.