Synopsis of the week Deutsche Bank has hogged the headlines for all the wrong reasons, as markets squeeze the shares lower in both European and US trading. OPEC agree to cut output, but will not completely ratify or implement until its November meeting in Vienna. Having already seen April’s agreement fall apart and being reliant on Saudi Arabia and Iran…
Synopsis of the week For the ninth month in a row the Fed have decided to leave US rates unchanged. Ahead of Wednesday’s decision, markets had only been factoring in a 20% chance of change and subsequently Equity and FX reactions were muted. Three of the nine voting members voted for change adding to the likelihood of a move in…
Alastair chats with Share Radio’s Ed Bowsher to examine this weeks news shaping the global economy and investor sentiment. They discuss the conglomerate Maersk’s plans to split into two divisions and other top financial stories. Click here to listen.
Synopsis of the week The Bank of England have decided not to add to the stimulus measure that they took in September. While at the same time they have reaffirmed their intentions to take further actions in the future if required. European equity markets spend the week drifting lower as weak economic data and a lack of stimulus can’t prevent…
Synopsis of the week In total the ECB have purchased over €1 trillion of debt as they have remained firm in their efforts to stimulate the EU through Quantitative Easing. They currently have a mandate to purchase €80 billion of debt a month. ECB President Mario Draghi has not used this latest meeting to extend the current scheme beyond March…
Alastair chats with Share Radio’s Ed Bowsher to examine this weeks news shaping the global economy and investor sentiment. They discuss The European Central Bank (ECB) leaving interest rates unchanged, how the decision comes as the Eurozone is gripped by stilted growth and weak inflation following the Brexit decision. And how despite this shakiness, Mario Draghi and fellow central bankers have resisted pumping…
Glencore’s profits hit new lows, so how should investors interpret this data release? Our Director of Investment Management, Alastair McCaig gives his view. Click here to watch the 4 minute interview.
Alastair was talking ahead of the UK markets open with Bloomberg’s Markus Karlsson. They discussed the imminent release of European PMI data, the health of equity markets and current thinking on the Fed’s interest rate decisions. Click here to listen to the interview on Bloomberg.
