No surprises from Federal Reserve. Mission accomplished!
No surprises from the Fed statement and how markets reacted to it New Zealand's central bank is still willing to move I stay away from the NZD however UK data […]
EUR
Brexit: Breaking up is never easy, or cheap
The increased uncertainty around the referendum is likely to cause financial and economic volatility and negatively impact growth in the short term. Consequently, the timing and path of rate hikes may also…
Comments on ECB meeting and global fixed income themes
2016 has, so far, been a volatile and tumultuous year for financial markets. Only three weeks in, we have already seen a multitude of news events causing risk aversion to spike. These include, to name just a few, the tumbling price of oil, a myriad of different policy moves from the Chinese authorities, conflicting indicators of Chinese economic growth and subsequent fears of slower global growth, yet more idiosyncratic corporate events and geopolitical events.