DM Markets Chart Pack We don’t think this is the start of a rout in bond markets In our view, central banks’ cautious approach to tightening means that the yields of 10-year government bonds will rise only slowly in the next few years, even as the global economy recovers further. 18th February 2021 · 7 mins read
Global Markets Outlook Despite bubble talk, we expect risky assets to rise more We continue to forecast that risky assets generally will fare well over the next couple of years as the global economy recovers and monetary policy remains accommodative. Despite their rapid rise... 29th January 2021 · 30 mins read
EM Valuations Monitor We doubt Chinese equities are in a bubble The valuations of Chinese equities have risen considerably over the past few months. But we don’t think that they are yet in a big bubble that is bound to burst soon. 19th January 2021 · 8 mins read
Global Markets Update Three risks to our forecast for a weaker dollar Although several factors could conceivably support the dollar in the near term, we still think it will weaken overall this year as Fed policy remains accommodative and appetite for risk continues to... 19th January 2021 · 2 mins read
DM Valuations Monitor Little evidence of widespread overvaluation in risky assets Despite signs of exuberance in a few markets, we don’t think that we are in the late stages of a bubble in “risky” assets generally. Provided vaccines enable the gradual relaxation of coronavirus... 14th January 2021 · 8 mins read
Capital Daily We think US dollar upside remains limited by loose Fed policy Although it has strengthened over the past few days, we expect the US dollar will continue to weaken gradually this year as Fed policy remains accommodative and risk appetite stays strong while the... 12th January 2021 · 6 mins read
EM Markets Chart Pack We expect EM local currency bond yields to remain low Positive vaccine news has not changed our view that monetary policy in many emerging markets (EMs) will generally remain loose for some time yet. That is a key reason why we still expect EM local... 18th December 2020 · 8 mins read
DM Markets Chart Pack We think that the rally in equity markets will continue We think there is scope for global equities to make more headway over the next couple of years, against the backdrop of a recovering global economy and supportive monetary and fiscal policy. 16th December 2020 · 7 mins read
FX Markets Update We think the dollar will fall further as risky assets gain 10th December 2020 · 3 mins read
Global Markets Update We think the dollar will fall further as risky assets gain We think that the inverse relationship between the dollar and risk appetite will remain strong over the next couple of years, against a backdrop of low and stable interest rates. We expect that the... 10th December 2020 · 3 mins read
EM Markets Chart Pack Reaction to vaccine news may be a sign of things to come Equities and bonds in emerging markets (EMs) rallied sharply on the vaccine news earlier this month, particularly outside of Asia. We think they will continue to fare well as the global economy... 27th November 2020 · 7 mins read
DM Markets Chart Pack Rally in equity markets has further to go in our view We continue to think that stock markets will make further headway against a backdrop of a recovering global economy and continued accommodative monetary policy, as investors increasingly focus on the... 25th November 2020 · 7 mins read
Global Markets Update We expect the euro to rise further against the dollar We have revised up our forecast for the euro against the US dollar, as we expect that conditions driving the euro’s appreciation will persist over the next few years despite near-term headwinds. 20th November 2020 · 2 mins read
FX Markets Update We expect the euro to rise further against the dollar 20th November 2020 · 2 mins read
Global Markets Outlook We forecast stronger equities and a weaker dollar We continue to think that risky assets will gain more ground and that the US dollar will weaken against a backdrop of a recovering global economy and continued accommodative monetary policy. In our... 13th November 2020 · 31 mins read
